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
ARTEVEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)707 WILSHIRE BLVD STE 3800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA900173541
A Employer identification number

95-6136405
B Telephone number (see instructions)

(213) 680-9212
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$5,396,264J 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) 25,028
2 Check bullet.............
3 Interest on savings and temporary cash investments 31,304 31,304  
4 Dividends and interest from securities... 126,896 126,875  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -89,199
b Gross sales price for all assets on line 6a 3,953,533
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 3,496 3,496  
12 Total. Add lines 1 through 11........ 97,525 161,675  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 19,881 9,941   9,940
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 29,578 29,578   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,682 2,682   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,035 517   518
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 13,459 13,349   75
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 69,635 56,067   10,533
25 Contributions, gifts, grants paid....... 212,000 212,000
26 Total expenses and disbursements. Add lines 24 and 25 281,635 56,067   222,533
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -184,110
b Net investment income (if negative, enter -0-) 105,608
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 478,643 467,848 467,848
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)....... 2,924,546 Click to see attachment3,865,369 4,531,540
c Investments—corporate bonds (attach schedule)....... 1,066,761 0 0
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 318,802 318,802 318,802
13 Investments—other (attach schedule).......... 250,231 Click to see attachment202,854 78,074
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) 5,038,983 4,854,873 5,396,264
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 5,038,983 4,854,873
29 Total net assets or fund balances (see instructions)..... 5,038,983 4,854,873
30 Total liabilities and net assets/fund balances (see instructions). 5,038,983 4,854,873
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
5,038,983
2
Enter amount from Part I, line 27a .....................
2
-184,110
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,854,873
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
4,854,873
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 55 SHS APPLE INC P 2018-02-06 2020-03-18
b 50 SHS APPLE INC P 2018-11-28 2020-03-18
c 30 SHS APPLE INC P 2018-12-26 2020-03-18
d 135 SHS APPLE INC P 2019-01-15 2020-03-18
e 40 SHS APPLE INC P 2019-01-15 2020-03-20
40 SHS APPLE INC P 2019-01-31 2020-03-20
100 SHS APPLE INC P 2019-09-30 2020-03-20
50 SHS APPLE INC P 2020-03-25 2020-08-27
195 SHS APPLE INC P 2020-03-25 2020-09-04
1000 SHS APPLIED MATERIALS INC P 2019-01-18 2020-01-17
550 SHS APPLIED MATERIALS INC P 2019-01-25 2020-01-17
650 SHS APPLIED MATERIALS INC P 2019-01-30 2020-01-17
300 SHS APPLIED MATERIALS INC P 2019-02-12 2020-01-17
150 SHS APPLIED MATERIALS INC P 2019-04-22 2020-01-17
1300 SHS BRISTOL MYERS SQUIBB CO P 2019-03-26 2020-01-24
550 SHS BRISTOL MYERS SQUIBB CO P 2019-04-01 2020-01-24
275 SHS BRISTOL MYERS SQUIBB CO P 2019-04-22 2020-01-24
2900 SHS BRIXMOR PPTY GROUP INC REIT P 2019-06-04 2020-03-20
1250 SHS BRIXMOR PPTY GROUP INC REIT P 2019-06-05 2020-03-20
1575 SHS BRIXMOR PPTY GROUP INC REIT P 2019-08-20 2020-03-20
450 SHS CDN IMPERIAL BK COMM CANADA P 2016-09-21 2020-03-12
150 SHS CDN IMPERIAL BK COMM CANADA P 2016-10-03 2020-03-12
200 SHS CDN IMPERIAL BK COMM CANADA P 2016-11-14 2020-03-12
450 SHS CDN IMPERIAL BK COMM CANADA P 2017-07-03 2020-03-12
85 SHS CDN IMPERIAL BK COMM CANADA P 2019-04-22 2020-03-12
100 SHS CROWN CASTLE INTL CORP REIT P 2019-10-17 2020-02-27
575 SHS CROWN CASTLE INT'L P 2020-01-29 2020-02-27
250 SHS CUMMINS INC P 2020-02-11 2020-03-19
350 SHS EASTMAN CHEMICAL CO P 2018-12-27 2020-03-12
450 SHS EASTMAN CHEMICAL CO P 2019-01-16 2020-03-12
700 SHS EASTMAN CHEMICAL CO P 2019-01-31 2020-03-12
900 SHS EMERSON ELECTRIC CO P 2019-08-26 2020-03-20
450 SHS EMERSON ELECTRIC P 2020-01-29 2020-03-20
50 SHS EXXON MOBIL CORP P 2019-01-11 2020-03-12
550 SHS EXXON MOBIL CORP P 2019-01-31 2020-03-12
300 SHS EXXON MOBIL CORP P 2020-02-06 2020-03-12
325 SHS EXXON MOBIL P 2020-02-06 2020-03-12
275 SHS EXXON MOBIL P 2020-02-06 2020-03-12
675 SHS INGREDION INC COM P 2019-08-26 2020-02-27
325 SHS INGREDION INC COM P 2019-09-30 2020-02-27
100 SHS INGREDION INC P 2020-01-29 2020-02-27
360 SHS INTEL CORP P 2017-07-03 2020-03-18
390 SHS INTEL CORP P 2018-03-06 2020-03-18
250 SHS INTEL CORP P 2019-01-31 2020-03-18
250 SHS INTEL CORP P 2018-04-05 2020-03-18
315 SHS INTEL CORP P 2019-04-22 2020-03-18
400 SHS INTEL CORP P 2019-09-30 2020-03-18
950 SHS INTERNATIONAL PAPER P 2020-06-05 2020-11-03
650 SHS INTERNATIONAL PAPER P 2020-06-16 2020-11-03
800 SHS JOHNSON CONTROLS P 2020-04-08 2020-11-04
500 SHS JOHNSON CONTROLS P 2020-04-29 2020-11-04
450 SHS JOHNSON CONTROLS P 2020-07-10 2020-11-04
250 SHS JOHNSON CONTROLS P 2020-07-13 2020-11-04
2100 SHS JUNIPER NETWORKS INC P 2019-10-10 2020-02-27
2175 SHS JUNIPER NETWORKS P 2020-01-29 2020-02-27
350 SHS METLIFE INC P 2018-10-30 2020-02-28
300 SHS METLIFE INC P 2018-11-07 2020-02-28
100 SHS METLIFE INC P 2018-11-26 2020-02-28
400 SHS METLIFE INC P 2018-12-26 2020-02-28
150 SHS METLIFE INC P 2019-01-30 2020-02-28
350 SHS METLIFE INC P 2019-02-12 2020-02-28
650 SHS METLIFE INC P 2019-09-30 2020-02-28
500 SHS NORTHERN TRUST CORP P 2020-03-10 2020-08-13
200 SHS NORTHERN TRUST CORP P 2020-04-29 2020-08-13
400 SHS NORTHERN TRUST CORP P 2020-05-26 2020-08-13
1050 SHS NUTRIEN LTD CAD P 2019-08-26 2020-03-20
525 SHS NUTRIEN LTD CAD P 2019-09-30 2020-03-20
525 SHS NUTRIEN LTD CAD P 2020-01-29 2020-03-20
600 SHS PENSKE AUTOMOTIVE GROUP INC P 2018-04-16 2020-03-20
500 SHS PENSKE AUTOMOTIVE GROUP INC P 2018-05-10 2020-03-20
400 SHS PENSKE AUTOMOTIVE GROUP INC P 2019-01-18 2020-03-20
500 SHS PENSKE AUTOMOTIVE GROUP INC P 2019-01-31 2020-03-20
500 SHS PENSKE AUTOMOTIVE GROUP INC P 2019-02-14 2020-03-20
135 SHS PFIZER INC P 2017-07-03 2020-03-23
550 SHS PFIZER INC P 2017-07-26 2020-03-23
365 SHS PFIZER INC P 2019-01-31 2020-03-23
500 SHS PFIZER INC P 2019-02-14 2020-03-23
265 SHS PFIZER INC P 2019-04-22 2020-03-23
235 SHS PFIZER INC P 2019-08-26 2020-03-23
650 SHS PFIZER INC P 2019-09-30 2020-03-23
200 SHS PROCTER & GAMBLE CO P 2018-04-05 2020-03-16
250 SHS PROCTER & GAMBLE CO P 2018-04-16 2020-03-16
300 SHS PROCTER & GAMBLE CO P 2018-05-10 2020-03-16
250 SHS PROCTER & GAMBLE CO P 2019-02-25 2020-03-16
1500 SHS PROGRESSIVE CORP OHIO P 2014-10-21 2020-08-28
600 SHS PRUDENTIAL FINANCIAL INC P 2019-09-05 2020-02-28
500 SHS PRUDENTIAL FINANCIAL INC P 2019-09-30 2020-02-28
235 SHS PUBLIC STORAGE REIT P 2018-10-24 2020-02-28
50 SHS PUBLIC STORAGE REIT P 2018-10-29 2020-02-28
215 SHS PUBLIC STORAGE REIT P 2019-01-31 2020-02-28
225 SHS PUBLIC STORAGE REIT P 2019-05-03 2020-02-28
500 SHS RAYTHEON CO NEW P 2019-08-05 2020-01-30
75 SHS RAYTHEON CO NEW P 2019-08-26 2020-01-30
300 SHS RIO TINTO PLC SPON ADR P 2018-07-06 2020-03-06
700 SHS RIO TINTO PLC SPON ADR P 2018-09-17 2020-03-06
450 SHS RIO TINTO PLC SPON ADR P 2018-10-12 2020-03-06
400 SHS RIO TINTO PLC SPON ADR P 2019-01-17 2020-03-06
250 SHS RIO TINTO PLC SPON ADR P 2019-01-31 2020-03-06
60 SHS ROYAL BANK OF CANADA CAD P 2015-10-02 2020-02-28
250 SHS ROYAL BANK OF CANADA CAD P 2015-10-07 2020-02-28
50 SHS ROYAL BANK OF CANADA CAD P 2015-10-19 2020-02-28
250 SHS ROYAL BANK OF CANADA CAD P 2015-11-05 2020-02-28
200 SHS ROYAL BANK OF CANADA CAD P 2016-09-15 2020-02-28
250 SHS ROYAL BANK OF CANADA CAD P 2016-10-13 2020-02-28
325 SHS ROYAL BANK OF CANADA CAD P 2017-07-03 2020-02-28
215 SHS ROYAL BANK OF CANADA CAD P 2017-07-12 2020-02-28
1900 SHS STEEL DYNAMICS INC P 2019-08-26 2020-02-24
850 SHS STEEL DYNAMICS INC P 2019-09-30 2020-02-24
575 SHS STEEL DYNAMICS INC P 2020-01-29 2020-02-24
175 SHS STEEL DYNAMICS P 2020-02-06 2020-02-24
1400 SHS TAIWAN SEMICONDUCTORS P 2020-02-04 2020-02-24
350 SHS TAIWAN SEMICONDUCTORS P 2020-02-06 2020-02-24
400 SHS TYSON FOODS P 2020-04-14 2020-12-07
250 SHS TYSON FOODS P 2020-04-17 2020-12-07
500 SHS TYSON FOODS P 2020-05-26 2020-12-07
350 SHS TYSON FOODS P 2020-07-10 2020-12-07
50 SHS TYSON FOODS P 2020-11-24 2020-12-07
250 SHS UNION PACIFIC CORP P 2016-11-23 2020-08-10
.401 SHS VIATRIS P 2020-04-27 2020-11-17
74.046 SHS VIATRIS P 2020-04-27 2020-11-18
74.447 SHS VIATRIS P 2020-04-29 2020-11-18
68.243 SHS VIATRIS P 2020-06-01 2020-11-18
18.612 SHS VIATRIS P 2020-07-06 2020-11-18
37.224 SHS VIATRIS P 2020-07-13 2020-11-18
43.428 SHS VIATRIS P 2020-07-13 2020-11-18
450 SHS W P CAREY INC REIT P 2018-02-26 2020-03-19
650 SHS W P CAREY INC REIT P 2019-05-03 2020-03-19
250 SHS W P CAREY INC P 2020-01-29 2020-03-19
400 SHS WELLTOWER INC REIT P 2018-01-17 2020-03-12
675 SHS WELLTOWER INC REIT P 2019-05-03 2020-03-12
250 SHS WELLTOWER INC P 2020-01-29 2020-03-12
1650 SHS WESTROCK CO P 2019-07-10 2020-01-21
150 SHS WESTROCK CO P 2019-08-19 2020-01-21
8883.57 SHS AMERICAN FUNDS EMERGING MARKETS BOND FUND CLASS P 2019-10-30 2020-03-18
7805.401 SHS AMERICAN FUNDS EMERGING MARKETS BOND FUND CLASS P 2019-11-01 2020-03-18
3700 SHS AMERICAN FUNDS EMERGING MARKETS P 2020-01-29 2020-03-18
3725 SHS BANK OF AMERICA CO. SER GG 6.000% P 2019-08-20 2020-08-26
3750 SHS CAPITAL ONE FINCL CORP 6.200% P 2017-07-03 2020-12-01
3650 SHS DUKE ENERGY CORP NEW 5.625% P 2019-09-30 2020-09-02
3980 SHS QWEST CORP 6.875% P 2017-03-15 2020-08-07
3850 SHS SOUTHERN COMPANY 6.250% P 2019-01-31 2020-10-20
3675 SHS STATE STREET CORPORATION 5.350% P 2017-07-03 2020-09-16
3800 SHS WELLS FARGO & CO. 6.000% P 2017-07-03 2020-12-15
CAP GAIN/LOSS SCH K-1: SFE ALTERNATIVE INVESTMENT FUND I P    
CAP GAIN/LOSS SCH K-1: SFE ALTERNATIVE INVESTMENT FUND II P    
CAPITAL GAINS DIVIDENDS P    
(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 13,089   8,972 4,117
b 11,899   8,881 3,018
c 7,140   4,617 2,523
d 32,130   20,663 11,467
e 9,447   6,122 3,325
9,447   6,722 2,725
23,619   22,412 1,207
25,255   12,865 12,390
21,669   12,543 9,126
62,776   36,318 26,458
34,527   21,346 13,181
40,804   25,096 15,708
18,833   12,230 6,603
9,416   6,544 2,872
83,082   62,523 20,559
35,150   26,020 9,130
17,575   12,415 5,160
29,950   49,214 -19,264
12,532   22,082 -9,550
15,790   28,964 -13,174
24,411   35,151 -10,740
8,137   11,568 -3,431
10,849   15,139 -4,290
24,411   36,713 -12,302
4,611   7,050 -2,439
15,132   13,858 1,274
87,011   86,147 864
29,861   41,170 -11,309
12,792   25,292 -12,500
16,447   34,464 -18,017
25,584   56,207 -30,623
41,844   43,976 -2,132
20,922   33,565 -12,643
1,999   3,579 -1,580
21,999   39,961 -17,962
11,999   22,924 -10,925
12,999   20,106 -7,107
10,999   17,008 -6,009
58,635   51,902 6,733
28,232   26,572 1,660
8,686   9,095 -409
16,641   12,195 4,446
18,028   18,028 0
11,556   12,570 -1,014
11,556   11,613 -57
14,561   18,424 -3,863
18,491   20,593 -2,102
44,145   38,197 5,948
30,204   23,796 6,408
33,542   23,103 10,439
20,963   15,285 5,678
18,867   15,147 3,720
10,481   8,527 1,954
46,240   49,556 -3,316
47,892   50,280 -2,388
14,696   14,274 422
12,596   13,585 -989
4,198   4,389 -191
16,796   15,974 822
6,298   6,668 -370
14,696   15,554 -858
27,293   30,599 -3,306
41,209   37,018 4,191
16,483   16,459 24
32,967   30,912 2,055
29,063   51,148 -22,085
14,531   26,208 -11,677
14,531   22,971 -8,440
13,961   26,659 -12,698
11,634   23,334 -11,700
9,425   18,880 -9,455
11,819   23,344 -11,525
11,820   21,650 -9,830
3,819   4,566 -747
15,562   18,194 -2,632
10,327   15,278 -4,951
14,147   21,045 -6,898
7,498   10,310 -2,812
6,649   8,165 -1,516
18,391   23,528 -5,137
22,058   15,823 6,235
27,572   19,697 7,875
33,087   21,875 11,212
27,573   24,914 2,659
137,558   37,500 100,058
44,813   49,332 -4,519
37,344   44,970 -7,626
49,055   47,282 1,773
10,437   10,306 131
44,880   45,225 -345
46,967   51,136 -4,169
111,883   90,464 21,419
16,782   13,560 3,222
13,774   16,309 -2,535
32,141   33,332 -1,191
20,662   22,410 -1,748
18,366   20,679 -2,313
11,479   13,974 -2,495
4,451   3,261 1,190
18,547   14,190 4,357
3,709   2,832 877
18,547   14,583 3,964
14,837   12,357 2,480
18,547   15,650 2,897
24,111   23,746 365
15,950   16,094 -144
53,673   50,503 3,170
24,012   25,392 -1,380
16,243   17,547 -1,304
4,943   5,149 -206
74,727   80,188 -5,461
18,681   20,305 -1,624
27,607   25,348 2,259
17,254   15,511 1,743
34,509   30,700 3,809
24,156   20,368 3,788
3,450   3,205 245
46,361   25,307 21,054
6   6 0
1,185   1,181 4
1,192   1,196 -4
1,092   1,017 75
297   272 25
595   549 46
695   633 62
18,834   27,122 -8,288
27,205   51,200 -23,995
10,463   21,107 -10,644
18,407   28,128 -9,721
31,062   51,629 -20,567
11,504   21,747 -10,243
67,877   62,715 5,162
6,170   5,123 1,047
73,378   85,728 -12,350
64,473   75,636 -11,163
30,562   36,722 -6,160
102,435   100,258 2,177
93,750   100,342 -6,592
102,333   100,201 2,132
99,500   100,030 -530
96,250   100,244 -3,994
103,056   100,542 2,514
95,000   100,728 -5,728
    9,169 -9,169
    2,461 -2,461
10,200     10,200
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       4,117
b       3,018
c       2,523
d       11,467
e       3,325
      2,725
      1,207
      12,390
      9,126
      26,458
      13,181
      15,708
      6,603
      2,872
      20,559
      9,130
      5,160
      -19,264
      -9,550
      -13,174
      -10,740
      -3,431
      -4,290
      -12,302
      -2,439
      1,274
      864
      -11,309
      -12,500
      -18,017
      -30,623
      -2,132
      -12,643
      -1,580
      -17,962
      -10,925
      -7,107
      -6,009
      6,733
      1,660
      -409
      4,446
      0
      -1,014
      -57
      -3,863
      -2,102
      5,948
      6,408
      10,439
      5,678
      3,720
      1,954
      -3,316
      -2,388
      422
      -989
      -191
      822
      -370
      -858
      -3,306
      4,191
      24
      2,055
      -22,085
      -11,677
      -8,440
      -12,698
      -11,700
      -9,455
      -11,525
      -9,830
      -747
      -2,632
      -4,951
      -6,898
      -2,812
      -1,516
      -5,137
      6,235
      7,875
      11,212
      2,659
      100,058
      -4,519
      -7,626
      1,773
      131
      -345
      -4,169
      21,419
      3,222
      -2,535
      -1,191
      -1,748
      -2,313
      -2,495
      1,190
      4,357
      877
      3,964
      2,480
      2,897
      365
      -144
      3,170
      -1,380
      -1,304
      -206
      -5,461
      -1,624
      2,259
      1,743
      3,809
      3,788
      245
      21,054
      0
      4
      -4
      75
      25
      46
      62
      -8,288
      -23,995
      -10,644
      -9,721
      -20,567
      -10,243
      5,162
      1,047
      -12,350
      -11,163
      -6,160
      2,177
      -6,592
      2,132
      -530
      -3,994
      2,514
      -5,728
      -9,169
      -2,461
      10,200
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 -89,199
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 1,468
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 1,468
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 1,468
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 350
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,330
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 21
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 4,191
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,191 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (213) 680-9212

    Located atbullet707 WILSHIRE BLVD STE 3800LOS ANGELESCA ZIP+4bullet900173541
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GRACE J KREULEN PRESIDENT
    3.00     		0 0 0
    1183 RIVERVIEW DR
    HOLLAND,MI49423
    BETTY REINDERS 1ST VICE PRESIDENT
    0.50     		0 0 0
    480 CASALINO DR
    NOKOMIS,FL34275
    MARVIN TE VELDE 2ND VICE PRESIDENT
    0.50     		0 0 0
    7619 COUNTY ROAD 19
    FORT LUPTON,CO80621
    SHIRLEY A DEGROOT 3RD VICE PRESIDENT
    0.50     		0 0 0
    4537 E KETCHWOOD CIR
    HIGHLANDS RANCH,CO80130
    HARRIET S HILL SECRETARY
    0.50     		0 0 0
    1012 GREEN STREET A
    PHILADELPHIA,PA19123
    MARGARET E HOUTSMA 4TH VICE PRESIDENT
    0.50     		0 0 0
    209 EAST AVENUE B
    SYRACUSE,KS67878
    GARY R PHILLIPS TREASURER
    0.50     		0 0 0
    707 WILSHIRE BLVD SUITE 3800
    LOS ANGELES,CA90017
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    3,646,717
    b
    Average of monthly cash balances.......................
    1b
    714,460
    c
    Fair market value of all other assets (see instructions)................
    1c
    464,840
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,826,017
    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
    4,826,017
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    72,390
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,753,627
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    237,681
    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
    237,681
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,468
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,468
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    236,213
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    236,213
    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
    236,213
    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
    222,533
    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
    222,533
    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
    222,533
    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 7 236,213
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 77,804
    d From 2018...... 26,115
    e From 2019...... 14,181
    fTotal of lines 3a through e........ 118,100
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 222,533
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 222,533
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 13,680 13,680
    (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 5 104,420
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		104,420
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 64,124
    c Excess from 2018.... 26,115
    d Excess from 2019.... 14,181
    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
    ARMENIAN MISSIONARY ASSN OF AMERICA INC
    31 W CENTURY RD
    PARAMUS,NJ07652     		NONE PC CHARITABLE SUPPORT (ORPHAN CHILD CARE FUND) 5,000
    ASCENDING LEADERS
    3947 FIELDS CROSSING LN
    SUGAR LAND,TX77498     		NONE PC GENERAL CHARITABLE SUPPORT 17,000
    BACK TO GOD MINISTRIES INTERNATIONAL
    6555 W COLLEGE DR
    PALO HEIGHTS,IL60463     		NONE PC CHARITABLE SUPPORT (HINDI MINISTRY IN INDIA) 15,000
    CALVIN THEOLOGICAL SEMINARY
    3233 BURTON ST SE
    GRAND RAPIDS,MI49546     		NONE PC CHARITABLE SUPPORT (DOCTORAL FELLOWSHIP ASSISTANCE FUND) 22,000
    WYCLIFFE BIBLE TRANSLATORS
    PO BOX 628200
    ORLANDO,FL32862     		NONE PC CHARITABLE SUPPORT 28,000
    CHRISTIAN SCHOOLS INTERNATIONAL
    PO BOX 8709
    GRAND RAPIDS,MI49518     		NONE PC CHARITABLE SUPPORT (CSI EDUCATIONAL LEADERSHIP DEVELOPMENT INSTITUTE) 15,000
    DORDT COLLEGE
    498 4TH AVE NE
    SIOUX CENTER,IA51250     		NONE PC CHARITABLE SUPPORT (AG SCHOLARSHIP ENDOWMENT FUND) 10,000
    MISSION FRENCH AFRICA MINISTRY
    2221 RIDGEWOOD AVENUE SE
    GRAND RAPIDS,MI49546     		NONE PC CHARITABLE SUPPORT (WOMEN'S RADIO MINISTRY) 15,000
    MISSION INDIA
    PO BOX 141312
    GRAND RAPIDS,MI49514     		NONE PC CHARITABLE SUPPORT (ADULT LITERACY PROGRAM) 30,000
    QUIET WATER MINISTRIES
    9185 EAST KENYON AVENUE STE 150
    DENVER,CO80237     		NONE PC CHARITABLE SUPPORT (INTENSIVE COUNSELING PROGRAM) 10,000
    WORLD RENEW
    1700 28TH ST SE
    GRAND RAPIDS,MI49508     		NONE PC CHARITABLE SUPPORT (PRIORIT PROGRAMS IN SIERRA LEONE,SENEGAL, MALI, MALAWI, NIGERIA & MOZAMBIQUE) 45,000
    Total .................................bullet 3a 212,000
    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 ...........     		    14 31,304  
    4 Dividends and interest from securities....     14 126,896  
    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.....     14 3,496  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -89,199  
    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 72,497 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    72,497
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ARTEVEL FOUNDATION
     
    Employer identification number

    95-6136405
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    ARTEVEL FOUNDATION
          		Employer identification number
    95-6136405
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ALGENE JAY HOUTSMA
    751 SE CR 36
     
    SYRACUSE, KS67878

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    ARTEVEL FOUNDATION
          		Employer identification number

    95-6136405
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    ARTEVEL FOUNDATION
          		Employer identification number

    95-6136405
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Name of Stock End of Year Book Value End of Year Fair Market Value
    125 SHS APPLE INC 8,041 16,715
    580 SHS APPLE INC 41,356 77,558
    250 SHS AT&T INC 9,457 7,123
    450 SHS AT&T INC 16,593 12,821
    550 SHS AT&T INC 17,545 15,670
    550 SHS AT&T INC 16,824 15,670
    150 SHS AT&T INC 4,436 4,274
    100 SHS AT&T INC 3,313 2,849
    625 SHS AT&T INC 23,699 17,806
    150 SHS AUTOMATIC DATA PROCESSING 20,523 26,072
    150 SHS AUTOMATIC DATA PROCESSING 21,819 26,072
    150 SHS AUTOMATIC DATA PROCESSING 22,499 26,072
    70 SHS BERKSHIRE HATHAWAY 13,396 16,076
    170 SHS BERKSHIRE HATHAWAY 33,640 39,041
    60 SHS BERKSHIRE HATHAWAY 11,040 13,779
    700 SHS BRISTOL MEYERS SQUIBB 41,383 43,344
    575 SHS BRISTOL MEYERS SQUIBB 34,315 35,604
    1950 SHS CISCO SYSTEMS INC 91,195 86,736
    50 SHS CISCO SYSTEMS INC 2,432 2,224
    350 SHS CISCO SYSTEMS INC 14,458 15,568
    600 SHS CITIGROUP 23,480 36,516
    400 SHS CITIGROUP 19,796 24,344
    300 SHS CITIGROUP 15,549 18,258
    200 SHS CITIGROUP 10,429 12,172
    175 SHS CROWN CASTLE 28,385 27,368
    175 SHS CROWN CASTLE 28,420 27,368
    550 SHS DUPONT DE NEMOURS 22,812 38,665
    500 SHS DUPONE DE NEMOURS 22,500 35,150
    450 SHS DUPONT DE NEMOURS 22,894 31,635
    450 SHS EMERSON ELECTRIC 28,877 35,919
    250 SHS EMERSON ELECTRIC 15,268 19,955
    300 SHS EMERSON ELECTRIC 17,708 23,946
    100 SHS EMERSON ELECTRIC 6,373 7,982
    20 SHS ESSEX PROPERTY TRUST INC 4,425 4,767
    200 SHS ESSEX PROPERTY TRUST INC 50,668 47,670
    80 SHS ESSEX PROPERTY TRUST INC 19,970 19,067
    150 SHS ESSEX PROPERTY TRUST INC 32,690 35,753
    100 SHS ESSEX PROPERTY TRUST INC 25,766 23,835
    600 SHS EXELON CORP 22,207 25,158
    600 SHS EXELON CORP 22,403 25,158
    650 SHS EXELON CORP 23,606 27,255
    557 SHS EXELON CORP 21,005 23,355
    325 SHS EXPONENT INC 26,712 29,023
    1850 SHS FRANKLIN RESOURCES 38,389 45,843
    1150 SHS FRANKLIN RESOURCES 24,494 28,497
    470 SHS GENERAL DYNAMICS 71,764 69,701
    850 SHS GENERAL MILLS 50,201 49,776
    300 SHS GILEAD SCIENCES 22,743 16,995
    300 SHS GILEAD SCIENCES 25,608 16,995
    200 SHS GILEAD SCIENCES 16,228 11,330
    450 SHS GILEAD SCIENCES 29,809 25,493
    1750 SHS HEALTHCARE TR AMER INC 47,371 47,548
    700 SHS HEALTHCARE TR AMER INC 19,501 19,019
    550 SHS HEALTHCARE TR AMER INC 14,475 14,944
    2150 SHS HEWLETT PACKARD 22,380 25,112
    2350 SHS HEWLETT PACKARD 24,029 27,448
    1500 SHS HEWLETT PACKARD 14,798 17,520
    100 SHS HONEYWELL 13,398 21,095
    250 SHS HONEYWELL 36,375 52,738
    150 SHS HONEYWELL 21,537 31,643
    50 SHS HONEYWELL 7,963 10,548
    325 SHS INGREDION INC COM 25,674 25,597
    600 SHS INGREDION INC 49,635 47,256
    400 SHS INTEL CORP 23,520 19,500
    400 SHS INTEL CORP 24,124 19,500
    300 SHS INTEL CORP 18,350 14,625
    1050 SHS INTEL CORP 50,429 51,188
    300 SHS JOHNSON & JOHNSON COM 39,470 46,815
    250 SHS JOHNSON & JOHNSON COM 33,138 39,013
    225 SHS JOHNSON & JOHNSON COM 29,446 35,111
    100 SHS JOHNSON & JOHNSON COM 12,746 15,605
    350 SHS JP MORGAN CHASE 31,074 43,876
    300 SHS JP MORGAN CHASE 27,327 37,608
    100 SHS JP MORGAN CHASE 9,890 12,536
    2300 SHS MANULIFE FINANCIAL CORP 28,347 40,572
    1700 SHS MANULIFE FINANCIAL CORP 21,140 29,988
    200 SHS MANULIFE FINANCIAL CORP 2,350 3,528
    800 SHS MANULIFE FINANCIAL CORP 10,228 14,112
    1100 SHS MANULIFE FINANCIAL CORP 14,442 19,404
    675 SHS MARVEL TECHNOLOGY GROUP, LTD 25,224 32,063
    525 SHS MEDTRONIC 52,326 60,711
    450 SHS MERCK & CO 36,801 36,266
    300 SHS MERCK & CO 23,228 24,177
    250 SHS MERCK & CO 19,250 20,148
    250 SHS MERCK & CO 19,250 20,148
    700 SHS METLIFE 22,739 32,480
    400 SHS METLIFE 14,780 18,560
    400 SHS METLIFE 14,570 18,560
    500 SHS METLIFE 18,393 23,200
    25 SHS MONDELEZ INT'L 51,259 53,650
    2025 SHS NOVO NORDISK ADR DENMARK ADR 100,127 142,155
    1050 SHS ORACLE CORP 17,857 67,620
    225 SHS ORACLE CORP 4,256 14,490
    450 SHS ORACLE CORP 19,769 28,980
    275 SHS ORACLE CORP 10,831 17,710
    600 SHS PFIZER 21,628 22,044
    600 SHS PFIZER 21,784 22,044
    550 SHS PFIZER 18,539 20,207
    150 SHS PFIZER 4,963 5,511
    350 SHS PFIZER 11,529 12,859
    300 SHS PFIZER 10,012 11,022
    250 SHS PROGRESSIVE CORP 6,250 24,353
    750 SHS PROGRESSIVE CORP OHIO 20,443 73,058
    500 SHS PRUDENTIAL FINANCIAL 38,643 38,725
    400 SHS RAYTHEON TECHNOLOGIES 24,306 28,544
    200 SHS RAYTHEON TECHNOLOGIES 12,880 14,272
    400 SHS RAYTHEON TECHNOLOGIES 26,640 28,544
    150 SHS RAYHTEON TECHNOLOGIES 9,486 10,704
    200 SHS SKYWORKS SOLUTIONS 28,501 30,550
    250 SHS TEXAS INSTRUMENTS 28,392 40,675
    50 SHS TEXAS INSTRUMENTS 5,692 8,135
    100 SHS TEXAS INSTRUMENTS 11,837 16,270
    200 SHS TEXAS INSTRUMENTS 23,614 32,540
    100 SHS TEXAS INSTRUMENTS 13,200 16,270
    250 SHS UNION PACIFIC CORP 25,308 51,495
    250 SHS UNION PACIFIC CORP 26,500 51,495
    250 SHS UNION PACIFIC CORP 25,619 51,495
    2650 SHS UNUM GROUP 99,904 59,466
    500 SHS WALGREENS BOOTS ALLIANCE 23,264 19,670
    600 SHS WALGREENS BOOTS ALLIANCE 25,662 23,604
    400 SHS WALGREENS BOOTS ALLIANCE 16,072 15,736
    500 SHS WALGREENS BOOTS ALLIANCE 20,289 19,670
    4000 SHS ENERGY SELECT SECTOR 141,430 152,880
    7006.822 SHS AMER FUNDS SMALL CAP 458,818 572,177
    3675 SHS AT&T 5.625% 100,319 102,533
    1650 SHS HARTFORD FINCL SVCS GRP D 7.875% 50,391 45,194
    1675 SHS HARTFORD FINCL SVCS GRP D 7.875% 50,535 45,878
    3625 SHS NEXTERA ENERGY CPTL HLDG 5.650% 99,959 103,530

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MEMBER INTEREST IN SFE ALTERNATIVE INVESTMENT FUND I, LLC AT COST 180,623 50,817
    MEMBER INTEREST IN SFE ALTERNATIVE INVESTMENT FUND II, LLC AT COST 22,231 27,257

    TY 2020 LegalFeesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND ACCOUNTING 19,881 9,941   9,940


    TY 2020 OtherExpensesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CALIF REG OF CHARITABLE TRUSTS RENEWAL FEE 75 0   75
    FRANCHISE TAX BOARD FORM 199 FILING FEE 35 0   0
    SCH K-1: SFE ALT INVESTMENT FUND I-OTHER DEDUCTIONS 9,097 9,097   0
    SCH K-1: SFE ALT INVESTMENT FUND II-OTHER DEDUCTIONS 4,191 4,191   0
    UBS #65975 ACCOUNT FEES 61 61   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SCH K-1: SFE ALTERNATIVE INVESTMENT FUND I, LLC 2,330 2,330 2,330
    SCH K-1: SFE ALTERNATIVE INVESTMENT FUND II, LLC 1,166 1,166 1,166


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 29,578 29,578   0


    TY 2020 TaxesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES W/H ON DIVIDENDS-UBS# 65975 2,682 2,682   0
    FORM 990PF-EXCISE TAX ON INVESTMENT INCOME 3,000 0   0