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
WESSEL FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)4101 CATHEDRAL AVENUE NW 904
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20016

A Employer identification number

13-6277807

B Telephone number (see instructions)

(202) 364-8291

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

$234,453J 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
4	Dividends and interest from securities...	2,699		2,699
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		21,525
b	Gross sales price for all assets on line 6a 59,290
7	Capital gain net income (from Part IV, line 2)...			21,525
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	24,224		24,224
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		117	117
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,822	1,822
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,939		1,939	0
25	Contributions, gifts, grants paid.......	14,130			14,130
26	Total expenses and disbursements. Add lines 24 and 25	16,069		1,939	14,130
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	8,155
b	Net investment income (if negative, enter -0-)			22,285
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.............	1,224	22,094	22,094
	2	Savings and temporary cash investments.........	2,947	1,377	1,377
	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).......	119,134	107,960	210,953
	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)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )		29	29
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	123,305	131,460	234,453
	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
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	122,887	122,887
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	418	8,573
	29	Total net assets or fund balances (see instructions).....	123,305	131,460
	30	Total liabilities and net assets/fund balances (see instructions).	123,305	131,460

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

123,305

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

8,155

Other increases not included in line 2 (itemize) bullet

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

131,460

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 .

131,460

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	5 SH APPLE COMPUTER	P	2011-08-25	2020-03-27
b	5 SH APPLE COMPUTER	P	2011-08-25	2020-05-08
c	5 SH CITIGROUP	P	2015-06-10	2020-09-30
d	9 SH CITIGROUP	P	2015-06-10	2020-10-16
e	6 SH CITIGROUP	P	2015-06-10	2020-10-27
	15 SH CITIGROUP	P	2015-06-10	2020-11-16
	10 SH CME GROUP	P	2015-07-31	2020-01-09
	5 SH CME GROUP	P	2015-07-31	2020-06-08
	5 SH CME GROUP	P	2015-07-31	2020-07-06
	5 SH DAIFUKU CO LTD	P	2017-01-19	2020-12-22
	20 SH DELTA AIRLINES INC	P	2016-10-04	2020-04-20
	3 SH ECOLAB	P	2018-10-09	2020-07-15
	5 SH ECOLAB	P	2014-09-11	2020-08-04
	15 SH FLIR SYSTEMS	P	2016-11-02	2020-01-22
	10 SH FLIR SYSTEMS	P	2016-11-02	2020-03-13
	20 SH FLIR SYSTEMS	P	2016-08-03	2020-03-20
	5 SH FLIR SYSTEMS	P	2016-08-03	2020-03-27
	15 SH FLIR SYSTEMS	P	2016-08-03	2020-06-15
	1 SH GOLDMAN SACHS	P	2014-09-10	2020-10-23
	5 SH ILLUMINA INC	P	2014-07-22	2020-01-22
	3 SH ILLUMINA INC	P	2014-07-22	2020-10-20
	5 SH INTELLIA THER.	P	2018-01-05	2020-12-18
	5 SH LAUDER ESTEE COS	P	2017-02-09	2020-07-15
	5 SH MICROSOFT	P	2014-09-12	2020-03-27
	5 SH MICROSOFT	P	2014-09-12	2020-05-08
	1 SH MICROSOFT	P	2014-09-12	2020-10-07
	3 SH NEXTERA ENERGY	P	2018-07-10	2020-03-27
	5 SH NEXTERA ENERGY	P	2018-07-10	2020-05-18
	5 SH NIKE INC	P	2015-11-05	2020-12-18
	5 SH NOVARTIS AG	P	2015-06-16	2020-08-04
	5 SH NOVARTIS AG	P	2015-06-16	2020-08-06
	5 SH NOVARTIS AG	P	2015-06-16	2020-08-24
	3 SH NVIDIA CORP	P	2014-09-11	2020-01-22
	1 SH NVIDIA CORP	P	2014-09-11	2020-12-15
	1 SH ROPER TECH.	P	2018-08-07	2020-10-21
	2 SH ROPER TECH.	P	2018-02-26	2020-10-28
	10 SH ROYAL DUTCH ADR B	P	2017-02-03	2020-03-05
	10 SH ROYAL DUTCH ADR B	P	2017-02-03	2020-10-22
	2 SH SPLUNK INC	P	2018-06-18	2020-08-04
	4 SH SPLUNK INC	P	2018-05-08	2020-12-15
	3 SH SPLUNK INC	P	2018-05-08	2020-12-18
	5 SH SQUARE INC	P	2018-03-12	2020-01-22
	5 SH SQUARE INC	P	2018-03-12	2020-08-04
	25 SH TERRENO REALTY	P	2017-04-28	2020-05-18
	15 SH TERRENO REALTY	P	2017-04-28	2020-07-16
	5 SH TERRENO REALTY	P	2017-04-28	2020-12-18
	2 SH TJX COMPANIES	P	2018-09-10	2020-07-15
	3 SH TJX COMPANIES	P	2018-07-24	2020-08-04
	5 SH TJX COMPANIES	P	2018-07-24	2020-10-21
	5 SH TJX COMPANIES	P	2018-06-29	2020-12-18
	3 SH UNITED HEALTH GROUP	P	2014-09-11	2020-03-27
	10 SH VERIZON COMM.	P	2018-10-09	2020-01-30
	5 SH VERIZON COMM.	P	2018-10-09	2020-10-27
	5 SH VISA INC	P	2015-11-05	2020-05-11
	5 SH VISA INC	P	2015-11-05	2020-10-20
	3 SH VISA INC	P	2015-11-05	2020-12-15
	2 SH WALT DISNEY	P	2018-10-22	2020-05-08
	5 SH WALT DISNEY	P	2018-10-22	2020-10-20
	5 SH CITIGROUP	P	2019-07-30	2020-07-15
	10 SH CRYOPORT INC	P	2020-08-06	2020-10-27
	7 SH DELTA AIRLINES INC	P	2019-07-30	2020-03-05
	8 SH DELTA AIRLINES INC	P	2019-07-30	2020-03-05
	5 SH ECOLAB	P	2020-01-01	2020-01-22
	5 SH EDITAS MEDICINE	P	2020-09-01	2020-10-27
	5 SH EDITAS MEDICINE	P	2020-09-01	2020-12-18
	10 SH EOG RESOURCES	P	2020-06-08	2020-09-14
	10 SH INTELLIA THER.	P	2020-07-06	2020-10-27
	5 SH INTELLIA THER.	P	2020-07-06	2020-12-18
	20 SH ISHARES GOLD TRUST	P	2020-03-09	2020-10-27
	ISHARES GOLD TRUST	P	2020-02-03	2020-12-31
	5 SH LONDON STOCK EXCHANGE	P	2020-01-10	2020-10-28
	5 SH NOVARTIS AG	P	2019-07-22	2020-03-27
	5 SH NOVARTIS AG	P	2019-07-22	2020-07-15
	5 SH TELADOC HEALTH	P	2020-01-30	2020-10-27
	5 SH ACCENTURE P;LC	P	2019-07-22	2020-10-27
	1 SH ALPHABET	P	2009-03-13	2020-10-20
	5 SH BERKSHIRE HATHAWAY	P	2005-11-21	2020-01-22
	10 SH BERKSHIRE HATHAWAY	P	2005-11-21	2020-05-11
	5 SH CITIGROUP	P	2019-07-30	2020-09-30
	5 SH CRYOPORT INC	P	2019-08-27	2020-10-27
	2 SH ECOLAB	P	2019-03-18	2020-07-15
	2 SH GOLDMAN SACHS	P	2019-05-15	2020-10-23
	5 SH LVMH MOET	P	2019-05-10	2020-12-18
	5 SH MSCI INC	P	2019-05-10	2020-08-04
	5 SH NESTLE SA	P	2019-08-28	2020-10-20
	6 SH NESTLE SA	P	2019-06-05	2020-12-17
	10 SH NOVARTIS AG	P	2019-06-11	2020-07-15
	5 SH NOVARTIS AG	P	2019-06-05	2020-08-04
	5 SH PEPSICO	P	2010-05-20	2020-08-04
	10 SH PEPSICO	P	2010-05-20	2020-08-24
	1 SH ROPER TECH.	P	2019-06-07	2020-10-21
	2 SH ROPER TECH.	P	2009-02-09	2020-12-08
	3 SH TJX COMPANIES	P	2019-05-14	2020-07-15
	2 SH TJX COMPANIES	P	2019-05-14	2020-08-04
	Capital Gain Dividends

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,262	265	997
b	1,531	265	1,266
c	215	286	-71
d	391	484	-93
e	254	298	-44
	752	735	17
	2,087	962	1,125
	949	480	469
	829	480	349
	597	106	491
	469	815	-346
	622	466	156
	948	572	376
	819	494	325
	315	323	-8
	552	633	-81
	161	158	3
	624	475	149
	206	180	26
	1,655	890	765
	963	534	429
	273	113	160
	1,001	413	588
	767	234	533
	921	234	687
	210	47	163
	701	512	189
	1,173	841	332
	689	328	361
	419	436	-17
	416	436	-20
	431	436	-5
	753	56	697
	530	19	511
	424	299	125
	741	569	172
	439	579	-140
	240	579	-339
	422	234	188
	639	453	186
	501	325	176
	347	268	79
	679	268	411
	1,195	850	345
	782	476	306
	289	154	135
	104	111	-7
	159	145	14
	275	242	33
	335	240	95
	736	259	477
	588	548	40
	288	274	14
	916	396	520
	995	396	599
	623	238	385
	214	237	-23
	628	587	41
	254	356	-102
	457	349	108
	315	438	-123
	361	500	-139
	983	922	61
	161	178	-17
	315	178	137
	395	610	-215
	255	226	29
	273	113	160
	363	319	44
	6	5	1
	552	507	45
	396	470	-74
	441	470	-29
	1,110	518	592
	1,107	972	135
	1,572	163	1,409
	1,150	294	856
	1,744	587	1,157
	215	356	-141
	229	111	118
	415	349	66
	411	392	19
	610	378	232
	1,810	1,100	710
	591	555	36
	690	608	82
	882	886	-4
	419	439	-20
	685	323	362
	1,375	646	729
	424	366	58
	838	89	749
	156	157	-1
	106	102	4
			180

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			997
b			1,266
c			-71
d			-93
e			-44
			17
			1,125
			469
			349
			491
			-346
			156
			376
			325
			-8
			-81
			3
			149
			26
			765
			429
			160
			588
			533
			687
			163
			189
			332
			361
			-17
			-20
			-5
			697
			511
			125
			172
			-140
			-339
			188
			186
			176
			79
			411
			345
			306
			135
			-7
			14
			33
			95
			477
			40
			14
			520
			599
			385
			-23
			41
			-102
			108
			-123
			-139
			61
			-17
			137
			-215
			29
			160
			44
			1
			45
			-74
			-29
			592
			135
			1,409
			856
			1,157
			-141
			118
			66
			19
			232
			710
			36
			82
			-4
			-20
			362
			729
			58
			749
			-1
			4

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	21,525
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	310
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	310
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	310
6	Credits/Payments:

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

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	310
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

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

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

JOAN S WESSEL Telephone no. bullet

(202) 364-8291

Located at bullet

4101 CATHEDRAL AVENUE NW 904WASHINGTONDC ZIP+4 bullet

20016

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOAN S WESSEL	Trustee 1.00	0
4101 CATHEDRAL AVENUE NW 904 WASHINGTON,DC20016	Trustee 1.00	0
DOUGLAS C WESSEL	Trustee 0.50	0
97 TOWN FARM ROAD ORANGE,MA01364	Trustee 0.50	0
KENNETH L WESSEL	Trustee 0.50	0
180 CLAREMONT AVENUE 32 NEW YORK,NY10027	Trustee 0.50	0
MICHAEL R WESSEL	Trustee 0.50	0
6429 SPRING TERRACE FALLS CHURCH,VA22042	Trustee 0.50	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...................

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

201,907

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

13,821

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

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

215,728

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

215,728

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

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

3,236

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

212,492

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

10,625

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

10,625

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

310

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

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

310

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

10,315

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

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

10,315

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

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

10,315

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 ..........

14,130

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

14,130

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

14,130

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	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7			10,315
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2020:
a From 2015......	9,062
b From 2016......	10,875
c From 2017......	7,852
d From 2018......	8,156
e From 2019......	8,811
fTotal of lines 3a through e........		44,756
4Qualifying distributions for 2020 from Part
XII, line 4: $ 14,130
a Applied to 2019, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....			10,315
e Remaining amount distributed out of corpus		3,815
5 Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		48,571
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........			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) .......
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		9,062
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		39,509
10 Analysis of line 9:
a Excess from 2016....	10,875
b Excess from 2017....	7,852
c Excess from 2018....	8,156
d Excess from 2019....	8,811
e Excess from 2020....	3,815

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 e-mail address of the person to whom applications should be addressed:

JOAN S WESSEL
4101 CATHEDRAL AVENUE NW 904
WASHINGTON,DC20016
(202) 364-8291

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

ANY FORM IS SATISFACTORY WITH DESCRIPTION OF CHARITABLE PURPOSE AND TAX EXEMPT STATUS REQUIRED.

cAny submission deadlines:

OCTOBER 31

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

NONE EXCEPT PREFERENCE FOR DC CHARITIES AND THOSE DEVOTED TO HUMAN WELFARE & PROMOTION OF THE ARTS.

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
THEATRE J 1529 16TH STREET NW WASHINGTON,DC20036	N/A	PUB. CHAR	HUMAN WELFARE & PROMOTION OF THE ARTS.	1,500
DOCTORS WITHOUT BORDERS PO BOX 5022 HAGERSTOWN,MD21741	N/A	PUB. CHAR	HUMAN WELFARE AND PROMOTION OF THE ARTS.	600
WOOLLY MAMMOTH 641 D STREET NW WASHINGTON,DC20004	N/A	PUB. CHAR	HUMAN WELFARE AND PROMOTION OF THE ARTS.	1,000
EDLAVITCH DCJCCC 1529 16TH STREET NW WASHINGTON,DC20036	N/A	PUB. CHAR	HUMAN WELFARE AND PROMOTION OF THE ARTS.	500
CARE GIFT CENTER PO BOX 1870 MERRIFIELD,VA22116	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	400
WAMU-88-5 PO BOX 96100 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	300
CAPITAL AREA FOOD BANK 4900 PUERTO RICO AVENUE NE WASHINGTON,DC20017	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	100
BREAD FOR THE CITY PO BOX 92505 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	500
THE JEWISH FEDERATION OF GREATER WA PO BOX 96140 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	400
SHARE FOUNDATION PO BOX 400 ROLLING PRAIRIE,IN46371	N/A	PUB CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	300
WETA PO BOX 96100 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	300
SO OTHERS MIGHT EAT PO BOX 96325 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	250
SALVATION ARMY PO BOX 3570 WASHINGTON,DC20027	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	200
ADL PO BOX 96226 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	750
FEEDING AMERICA PO BOX 96749 WASHINGTON,DC20090	N/A	PUB. CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	1,000
LEUKEMIA LYMPHOMA SOCIETY 3601 EISENHOWER AVENUE ALEXANDRIA,VA22304	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	250
MARTHA'S TABLE 2375 ELVANS RD SE WASHINGTON,DC20020	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	230
READING PARTNERS PO BOX 73663 WASHINGTON,DC20056	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	300
VERMONT INSIGHT MEDITATION CENTER PO BOX 792 BRATTLEBORO,VT05302	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	1,000
AMERICAN HEART ASSOCIATION PO BOX 78851 PHOENIX,AZ85062	N/A	PUB. CHAI	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	200
ST JUDE'S CHILDREN'S HOSPITAL PO BOX 50 MEMPHIS,TN38101	N/A	PUB. CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	300
TOYS FOR TOTS PO BOX 40036 DESMOINES,IA50340	NA	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	300
GREATER DC DIAPER BANK 1535 A STREET NE WASHINGTON,DC20002	N/A	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	150
UNICEF PO BOX 96964 WASHINGTON,DC20090	NA	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	300
UNICEF WORLD FOOD BANK 1725 EYE STREET NW 510 WASHINGTON,DC20006	N/A	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	1,000
H BEN TAUB DEPT OF PHYCIAL MED AT B 7200 CAMBRIDGE STREET HOUSTON,TX77030	N/A	PUB CHAR	HUMAN WELFARE AND THE RPOMOTION OF THE ARTS.	200
THE DEFIANT REQUIEM FOUNDATION 5506 CONNECTICUT AVENUE NW 24 WASHINGTON,DC20015	N/A	PUB CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	300
RESTORATIVE JUSTICE INITIATIVE PO BOX 50174 BROOKLYN,NY11205	N/A	PUB CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	100
CITY HARVEST 6 EAST 32ND STREET FIFTH FLLOR NEW YORK,NY10016	N/A	PUB CHAR.	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	300
FRIENDSHIP PLACE 4713 WISCONSIN AVENUE NW WASHINGTON,DC20016	N/A	PUB CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	300
AMERICAN CANCER FOUNDATION PO BOX 96521 WASHINGTON,DC20090	N/A	PUB CHAR	HUMAN WELFARE & THE PROMOTION OF THE ARTS.	100
NO KID HUNGRY CAMP CO SHARE OUR STR PO BOX 758979 BALTIMORE,MD21275	N/A	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	200
HOME FRONT 1880 PRINCETON AVENUE LAURENCE,NJ08648	N/A	PUB CHAR	HUMAN WELFARE AND THE PROMOTION OF THE ARTS.	500
Total ................................. 3a				14,130

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	2,699
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	21,525
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)..				24,224

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

24,224

(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:	20011551
Software Version:	2020v4.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 OtherAssetsSchedule

Name:

WESSEL FOUNDATION

EIN:

13-6277807

Software ID:

20011551

Software Version:

2020v4.0

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DIVIDEND REC.		29

- TIN:

TY 2020 OtherExpensesSchedule

Name:

WESSEL FOUNDATION

EIN:

13-6277807

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES	1,822	1,822

- TIN:

TY 2020 TaxesSchedule

Name:

WESSEL FOUNDATION

EIN:

13-6277807

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	117	117