TY 2021 Form 990PF

- TIN:

Form990-PF

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. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
MARY OWEN BORDEN MEMORIAL FUND

Number and street (or P.O. box number if mail is not delivered to street address)4 BLACKPOINT HORSESHOE - Q MCKEAN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RUMSON, NJ07760

A Employer identification number

13-6137137

B Telephone number (see instructions)

(732) 741-4645

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

$19,623,650J 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	72,277		72,277
4	Dividends and interest from securities...	151,026		144,939
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,259,667
b	Gross sales price for all assets on line 6a 3,352,875
7	Capital gain net income (from Part IV, line 2)...			1,259,667
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........	1,482,970		1,476,883
13	Compensation of officers, directors, trustees, etc.	65,000		6,500	58,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		8,500	0	8,500
c	Other professional fees (attach schedule)....		111,826	111,826	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		6,344	1,256	5,088
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		3,110	211	2,899
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	194,780		119,793	74,987
25	Contributions, gifts, grants paid.......	568,977			568,977
26	Total expenses and disbursements. Add lines 24 and 25	763,757		119,793	643,964
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	719,213
b	Net investment income (if negative, enter -0-)			1,357,090
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

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.............	74,505	61,045	61,045
	2	Savings and temporary cash investments.........	697,842	837,456	812,632
	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)	443,565	308,607	316,126
	b	Investments—corporate stock (attach schedule).......	5,947,839	6,085,666	14,510,920
	c	Investments—corporate bonds (attach schedule).......	2,261,191	2,502,986	2,575,899
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	793,931	1,134,329	1,328,379
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	10,652	18,649	18,649
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,229,525	10,948,738	19,623,650
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,229,525	10,948,738
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	10,229,525	10,948,738
	30	Total liabilities and net assets/fund balances (see instructions).	10,229,525	10,948,738

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

10,229,525

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

719,213

Other increases not included in line 2 (itemize) bullet

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

10,948,738

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 .

10,948,738

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES	P
b	PUBLICLY TRADED SECURITIES	P
c	PUBLICLY TRADED SECURITIES	P
d	PUBLICLY TRADED SECURITIES	P
e	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	411,150	374,442	36,708
b	2,375,828	1,387,592	988,236
c	37,133	29,850	7,283
d	521,460	301,324	220,136
e	7,304		7,304

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			36,708
b			988,236
c			7,283
d			220,136
e			7,304

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	1,259,667
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

Form 990-PF (2021)

Page 4

Part V

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	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	18,864
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	18,864
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	8,448
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	15,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	23,448
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,584
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax4,584	Refunded	11	0

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

and Part XIV..................................

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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

Form 990-PF (2021)

Page 5

Part VI-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

QUINCY AS MCKEAN III Telephone no. bullet

(732) 741-4645

Located at bullet

4 BLACKPOINT HORSESHOERUMSONNJ ZIP+4 bullet

07760

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 2021, 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 VI-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? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

(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)? ......................

1a(5)

(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.) ...............

1a(6)

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 2021? .............

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 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

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? ..............................

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

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 2021? ..

Form 990-PF (2021)

Page 6

Part VI-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))? ..........

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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? .................

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? .............................

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?

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? .........................

Part VII

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-)
LINDA B MCKEAN	PRESIDENT 0.50	0
PO BOX 313 RUMSON,NJ07760	PRESIDENT 0.50	0
VINCE MYERS	TRUSTEE 0.50	0
11 MANSION HILL DRIVE EWING,NJ08628	TRUSTEE 0.50	0
QUINCY AS MCKEAN III	EXECUTIVE DIRECTOR 7.00	65,000
4 BLACKPOINT HORSESHOE RUMSON,NJ07760	EXECUTIVE DIRECTOR 7.00	65,000
JULIE KENNEDY	SECRETARY 0.50	0
84 PINE CREEK AVENUE FAIRFIELD,CT06824	SECRETARY 0.50	0
PAUL MCEVILY	TRUSTEE 0.50	0
810 FOURTH AVE - INTERFAITH NEIGHBORS ASBURY PARK,NJ07712	TRUSTEE 0.50	0
ZOE BUNNELL	TRUSTEE 0.50	0
166 EAST 61ST STREET APT 8-N NEW YORK,NY10065	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...................				0

Form 990-PF (2021)

Page 7

Part VII

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 VIII-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 VIII-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 (2021)

Page 8

Part IX

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

17,620,224

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

854,232

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

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

18,474,456

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

18,474,456

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

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

277,117

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

18,197,339

Minimum investment return. Enter 5% (0.05) of line 5................

909,867

Part X

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 IX, line 6..................

909,867

Tax on investment income for 2021 from Part V, line 5.......

18,864

Income tax for 2021. (This does not include the tax from Part V.) ...

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

18,864

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

891,003

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

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

891,003

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

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

891,003

Part XI

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 ..........

Program-related investments—total from Part VIII-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 XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					891,003
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	112,312
b From 2017......	715,377
c From 2018......	109,672
d From 2019......	28,832
e From 2020......	143,022
f Total of lines 3a through e ........		1,109,215
4Qualifying distributions for 2021 from Part
XI, line 4: $ 643,964
a Applied to 2020, 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 2021 distributable amount.....					643,964
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		247,039			247,039
(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		862,176
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 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					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 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		862,176
10 Analysis of line 9:
a Excess from 2017....	580,650
b Excess from 2018....	109,672
c Excess from 2019....	28,832
d Excess from 2020....	143,022
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(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) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, 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 IX, 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 XIV

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:

QUINCY AS MCKEAN III
4 BLACKPOINT HORSESHOE
RUMSON,NJ07760
(732) 741-4645

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

PLEASE CONTACT THE PERSON NAMED IN 2A ABOVE FOR ADDITIONAL INFORMATION

cAny submission deadlines:

NONE

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

GRANTS ARE PRIMARILY LIMITED TO CHARITIES LOCATED IN MONMOUTH AND MERCER COUNTIES OF NEW JERSEY

Form 990-PF (2021)

Page 11

Part XIV

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
180 TURNING LIVES AROUND L BETHANY RD SUITE 42 HAZLET,NJ07730	NONE	PC	FOR OPERATIONS	15,000
AMERICAN RED CROSS 707 ALEXANDER ROAD 101 PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	15,000
ARM IN ARM 123 E HANOVER ST TRENTON,NJ08608	NONE	PC	FOR OPERATIONS	15,000
ASBURY PARK MUSIC FOUNDATION 621 LAKE AVENUE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
ASLAN YOUTH MINISTRIES 65 WEST FRONT STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	15,000
BIG BROTHERS BIG SISTERS ASBURY 305 BOND STREET ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
BIG BROTHERS BIG SISTERS TRENTON 535 EAST FRANKLIN ST TRENTON,NJ08610	NONE	PC	FOR OPERATIONS	15,000
BORDEN FOUNDATION GRANT AWARD 4 BLACKPOINT HORSESHOE RUMSON,NJ07760	NONE	PC	FOR OPERATIONS	2,200
BOYS AND GIRLS CLUB OF MERCER 212 CENTRE ST TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	12,000
CANDID 32 OLD SLIP NEW YORK,NY10005	NONE	PC	FOR OPERATIONS	1,500
CATHOLIC YOUTH ORGANIZATION 8353 MANTON ST QUEENS,NY11435	NONE	PC	FOR OPERATIONS	15,000
CHILDREN'S HOME SOCIETY 635 SOUTH CLINTON AVENUE TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	15,000
CLEAN OCEAN ACTION 49 AVENEL BLVD LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	12,000
COUNT BASSIE THEATER 99 MONMOUTH STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	10,000
FAMILY & CHILDREN SERVICES OF CENTRAL NJ 191 BATH AVENUE LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	15,000
HABITAT FOR HUMANITY- FREEHOLD 45 SOUTH ST FREEHOLD,NJ07728	NONE	PC	FOR OPERATIONS	10,000
HABITAT FOR HUMANITY- TRENTON 530 NJ-38 MAPLE SHADE,NJ08052	NONE	PC	FOR OPERATIONS	15,000
HOPE ACADEMY CHARTER SCHOOL 601 GRAND AVENUE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
INTERFAITH NEIGHBORS 810 FOURTH AVE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
LATIN AMERICAN LEGAL DEFENSE AND EDUCATION 669 CHAMBERS ST TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	15,000
LUNCH BREAK 1221 ORS JAMES PARKER RD RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	15,000
MERCER STREET FRIENDS 2069 GREENWOOD AVENUE TRENTON,NJ08609	NONE	PC	FOR OPERATIONS	15,000
MONMOUTH ARTS 105 MONMOUTH STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	10,000
MONMOUTH CONSERVATION FOUNDATION 628 MIDDLETOWN LINCROFT ROAD LINCROFT,NJ07738	NONE	PC	FOR OPERATIONS	15,000
MONMOUTH MEDICAL CENTER 300 SECOND AVE LONG BRANCH,NJ07741	NONE	PC	FOR OPERATIONS	34,770
OUR LADY OF MT CARMEL 99 BROADWAY JERSEY CITY,NJ07306	NONE	PC	FOR OPERATIONS	15,000
PARKER FAMILY HEALTH CENTER 211 SHREWBERRY AVE RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	15,000
PLANNED PARENTHOOD CENTRAL NJ 69 E NEWMAN SPRINGS RD SHREWSBURY,NJ07702	NONE	PC	FOR OPERATIONS	30,000
PRINCETON PUBLIC LIBRARY 65 WITHERSPOON STREET PRINCETON,NJ08542	NONE	PC	FOR OPERATIONS	5,507
SHORE CLUBHOUSE INC 279 BROADWAY 400 LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	15,000
ST GEORGES BY THE RIVER 7 LINCOLN AVENUE RUMSON,NJ07760	NONE	PC	FOR OPERATIONS	6,000
TRENTON AREA SOUP KITCHEN 72 1/2 ESCHER STREET TRENTON,NJ08609	NONE	PC	FOR OPERATIONS	15,000
TWO RIVER THEATER 21 BRIDGE AVE RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	1,000
UNITED WAY OF MERCER COUNTY 60 SOUTH FULLERTON AVENUE MONTCLAIR,NJ07042	NONE	PC	FOR OPERATIONS	15,000
VNA COMMUNITY HEALTH CENTER 816 SUNSET AVE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
HOPE FOR HAITI 1021 FIFTH AVE NAPLES,FL34102	NONE	PC	FOR OPERATIONS	10,000
PASSAGE THEATRE 205 EAST FRONT STREET TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	12,000
CPC BEHAVIORAL HEALTHCARE 10 INDUSTRIAL WAY EAST EATONTOWN,NJ07728	NONE	PC	FOR OPERATIONS	15,000
PRINCETON COMMUNITY HOUSING ONE MONUMENT DRIVE PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	15,000
ASBURY PARK ARTS COUNCIL PO BOX 416 ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	27,000
SECOND CHANCE 475 DEMOTT LN SOMERSET,NJ08873	NONE	PC	FOR OPERATIONS	10,000
Total ................................. 3a				568,977

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	72,277
4 Dividends and interest from securities ....
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	1,259,667
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,482,970	0

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

1,482,970

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

Part XV-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 XV-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 (2021)

Page 13

Part XVI

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 (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	8,500	0		8,500

- TIN:

TY 2021 DistributionFromCorpusElection

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Election:

PURSUANT TO REG. 53.4942(A)-3(C)(2)(IV) THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT, AS A CURRENT DISTRIBUTION OUT OF CORPUS, THE FOLLOWING UNUSED PRIOR YEAR'S DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTION UNDER REG. 53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEARS.

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BK OF MONTREAL 2.5% 6/28/24	29,927	30,937
INTL BK REC 3.125% 11/20/28	59,668	64,223
NUTRIEN LTD 4.2% 4/1/29	35,062	39,481
TORONTO-DOMINION BK 1.15% 6/12/25	70,377	69,411
UNITEDHEALTH GROUP .55% 5/15/24	44,953	44,641
APPLE INC .75% 5/11/23	29,918	30,082
MERCK & CO INC 2.8% 5/18/23	100,613	102,941
WELLS FARGO & CO 4.125% 8/15/23	30,008	31,460
BK OF AMER CORP 4% 4/1/24	75,355	79,729
AT&T INC 4.45% 4/1/24	50,349	53,369
ORACLE CORP 3.4% 7/8/24	101,727	104,545
CITIGROUP INC .776% 10/30/24	60,000	59,642
PNC FINL SVCS 2.2% 11/1/24	44,985	46,203
GEN MTRS FINL CO 209% 2/26/25	29,962	31,017
INTEL CORP 3.4% 3/25/25	19,969	21,259
HP INC 2.2% 6/17/25	29,931	30,620
PROCTER & GAMBLE CO .55% 10/29/25	29,951	29,268
CHARLES SCHWAB CORP .9% 3/11/26	34,957	34,133
BERKSHIRE HATHAWAY 3.125% 3/15/26	100,225	106,789
IBM CORP 3.3% 1/27/27	100,689	107,231
WELLTOWER INC 2.7% 2/15/27	29,968	31,254
PROLOGIS LP 2.125% 4/15/27	29,853	30,491
COCA COLA CO 1.45% 6/1/27	34,958	34,795
GILEAD SCIENCES INC 1.2% 10/1/27	29,974	28,996
AT&T INC 1.65% 2/1/28	29,962	29,364
CELGENE CORP 3.9% 2/20/28	49,570	53,503
LOWE'S COS INC 1.3% 4/15/28	44,968	43,125
ABBVIE INC 4.25% 11/14/28	79,990	84,809
BOSTON PPTYS LP 4.5% 12/1/28	34,874	39,444
AT&T INC 4.35% 3/1/29	29,852	33,698
BLACKROCK INC 3.25% 4/30/29	29,757	32,596
AVANGRID INC 3.8% 6/1/29	39,943	43,489
UNITEDHEALTH GROUP 2.875% 8/15/29	14,996	15,868
ANTHEM INC 2.875% 9/15/29	29,964	31,399
HOST HOTELS 3.375%	64,492	66,249
HALLIBURTON CO 2.92% 3/1/30	44,988	46,293
VERIZON 1.75% 1/20/31	54,750	52,055
CATERPILLAR FINL MTN .95% 5/13/22	34,969	35,081
TOYOTA MTR CR MTN 1.35% 8/25/23	29,989	30,265
BK OF NY MELLON MTN 1.6% 4/24/25	29,989	30,275
WELLS FARGO & CO MTN 3.55% 9/29/25	102,100	106,558
PRUDENTIAL FINL MTN 1.5% 3/10/26	34,890	35,016
MORGAN STANLEY 2.72% 7/22/25	55,054	56,678
CITIGROUP INC 4/8/26	30,000	31,450
JPMORGAN CHASE & CO 1/29/27	35,000	37,817
VERIZON .75% 3/22/24	69,996	69,713
NVIDIA CORP .584% 6/14/24	60,000	59,445
THERMO FISHER 1.215% 10/18/24	35,000	34,961
WALMART INC 1.5% 9/22/28	34,963	34,783
AUTODESK INC 2.4% 12/15/31	49,512	49,854
DISNEY 2.45% 3/4/22	100,061	100,352
TOYOTA MTR CR MTN 1.125% 6/18/26	49,978	49,242

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Name of Stock	End of Year Book Value	End of Year Fair Market Value
HERSHEY CO/THE	69,537	92,092
CINTAS CORP	60,901	226,903
LAUDER ESTEE COS INC-A	26,816	166,960
EXACT SCIENCES CORP	12,569	10,351
ALNYLAM PHARMA INC	5,831	14,584
INTUITIVE SURGICAL INC	3,390	6,467
UNITEDHEALTH GROUP INC	20,818	233,495
DISNEY (THE WALT) COMPANY DEL	46,779	52,663
NETFLIX INC	32,885	33,134
CHIPOLTE MEXICAN GRILL INC-A	28,920	34,965
COSTCO WHOLESALE CORP	9,774	39,739
HOME DEPOT INC	28,116	150,234
TJX COMPANIES INC	25,340	78,122
ADOBE INC	9,961	46,499
AMAZON.COM INC	46,697	126,705
AUTODESK INC.	19,816	35,149
CISCO SYSTEMS INC	41,716	71,925
MERCADOLIBRE INC	2,301	5,394
MICROSOFT CORP	69,111	229,034
SALESFORCE COM INC	13,363	37,357
QUALCOMM INC	38,028	98,750
CHEGG INC	5,135	4,359
PALO ALTO NETWORKS INC	46,696	92,979
SERVICENOW INC	36,306	44,789
SPLUNK INC	5,816	4,745
VEEVA SYSTEMS INC CL A	1,999	3,577
VERISK ANALYTICS INC	23,008	32,022
THERMO FISHER SCIENTIFIC INC	11,016	131,446
DANAHER CORP	13,034	106,599
TELEFLEX INC	32,922	42,374
TESLA INC	343	9,511
HONEYWELL INTERNTATIONAL INC	22,010	32,736
APPLE INC.	4,380	178,991
INTUIT INC	10,168	61,106
NVIDIA CORP	19,484	114,115
SOLAREDGE TECHNOLOGIES	17,627	47,136
HEICO CORP CL A	26,416	36,628
UNION PACIFIC CORP	19,368	49,882
BANK OF AMERICA	48,783	84,976
JP MORGAN CHASE & CO	27,844	82,659
VISA INC CLASS A SHARES	13,285	63,929
CROWN CASTLE INTL CORP NEW COM	13,886	80,574
EQUINIX INC	26,780	33,834
NEXTERA ENERGY INC	29,696	61,711
VANGUARD SMALL CAP VIPERS FUND	100,396	167,247
PROLOGIS INC	16,238	50,508
ALPHABET INC CL C	7,208	104,169
FACEBOOK INC-A	18,979	46,752
HANNON ARMSTRONG SUSTAINABLE	24,771	38,246
T MOBILE US INC	2,272	3,363
TRUIST FINANCIAL CORPORATION	37,880	60,658
ROKU INC	5,452	6,846
NATIONAL VISION HOLDINGS INC	26,265	29,754
BEYOND MEAT INC	8,258	4,887
TELADOC HEALTH INC	4,612	3,305
IQVIA HOLDINGS INC	23,794	46,553
CLOUDFLARE INC CLASS A	569	3,419
ALPHABET INC CA-CL A	5,759	60,838
UBER TECHNOLOGIES INC	3,885	4,948
PAYPAL HOLDINGS INC.	12,965	42,808
AMERICAN WATER WORKS	4,700	39,661
AON PLC	41,609	54,101
EATON CORP PLC	50,943	85,546
LINDE PLC	20,112	36,375
PAGSEGURO DIGITAL LTD-CL A	2,255	3,278
CHUBB LTD	28,694	47,361
SPOTIFY TECHNOLOGY SA	1,997	3,510
YANDEX NV-A	2,728	4,417
GENHAB A/S -SP ADR	22,538	29,670
SEA LTD-ADR	954	7,382
SOFTBANK GROUP-UNSPON ADR	2,844	2,790
HARDING LOEVNER INST EMERG MRKTS FD	53,525	62,361
DISNEY WALT CO	121,999	140,485
HERSHEY CO	25,464	33,857
CINTAS CORP	24,902	84,202
LAUDER ESTEE COS INC-A	9,930	61,823
EXACT SCIENCES CORP	4,164	3,425
ALNYLAM PHARMA INC	1,966	4,918
INTUITIVE SURGICAL INC	10,170	19,402
UNITED HEALTH GROUP INC	7,484	83,857
NETFLIX INC	85,934	87,353
CHIPOTLE MEXICAN GRILL INC-A	72,834	89,161
COSTCO WHOLESALE CORP	27,087	110,134
HOME DEPOT INC	67,778	367,284
TJX COMPANIES INC	51,823	186,687
ADOBE INC	26,481	123,619
AMAZON .COM INC	90,348	346,771
AUTODESK INC	54,851	97,292
CISCO SYSTEMS INC	110,988	194,673
MERCADOLIBRE INC	7,477	17,529
MICROSOFT CORP	169,036	620,847
SALESFORCE COM INC	36,545	102,160
QUALCOMM INC	100,198	265,162
CHEGG INC	15,463	13,140
PALO ALTO NETWORKS INC	123,978	252,212
SERVICENOW INC	98,077	122,033
VEEVA SYSTEMS INC-CLASS A	5,997	10,730
VERISK ANALYTICS INC	61,794	86,002
THERMO FISHER SCIENTIFIC INC	30,028	358,308
DANAHER CORP	35,602	291,174
TELEFLEX INC	89,219	117,596
TESLA INC	990	27,476
HONEYWELL INTERNATIONAL INC	65,188	96,957
APPLE INC	12,137	495,953
INTUIT INC	26,757	160,805
NVIDIA CORP	52,627	308,816
SOLAREDGE TECHNOLOGIES INC	47,949	128,501
HEICO CORP CL A	71,740	99,474
UNION PACIFIC CORP	45,929	136,546
BANK OF AMERICA CORP	127,387	229,390
JP MORGAN CHASE & CO	65,555	223,907
VISA INC-CLASS A	37,737	181,603
CROWN CASTLE INTL CORP NEW	26,626	171,584
EQUINIX INC	73,592	93,042
NEXTERA ENERGY INC	77,528	166,274
PROLOGIS INC	40,324	126,102
ALPHABET INC-CL C	20,822	300,933
FACEBOOK INC-A	51,271	131,513
HANNON ARMSTRONG SUSTAINABLE	66,917	103,318
T MOBILE US INC	6,734	9,974
TRUIST FINANCIAL CORPORATION	82,698	139,935
ROKU INC	15,788	20,310
NATIONAL VISION HOLDINGS INC	70,713	80,671
BEYOND MEAT INC	24,849	14,726
TELADOC HEALTH INC	14,222	10,008
IQVIA HOLDINGS INC	65,181	127,527
CLOUDFLARE INC CLASS A	1,642	9,863
ALPHABET INC/CA-CL A	11,614	168,028
UBER TECHNOLOGIES INC	11,655	14,843
PAYPAL HOLDINGS INC	37,383	117,863
AMERICAN WATER WORKS	12,557	105,950
AON PLC	113,693	147,876
EATON CORP PLC	136,112	231,579
LINDE PLC	54,781	99,079
PAGSEGURO DIGITAL LTD-CL A	6,747	9,806
CHUBB LTD	72,253	129,518
SPOTIFY TECHNOLOGY SA	6,123	10,765
YANDEX NV-A	8,183	13,250
GENMAB A/S -SP ADR	62,774	82,641
SEA LTD-ADR	2,826	21,924
SOFTBANK GROUP-UNSPON ADR	8,531	8,369
ELI LILLY	35,641	35,909
ELI LILLY	97,326	98,058
ZIMMER BIOMENT HOLDINGS	42,386	33,666
ZIMMER BIOMENT HOLDINGS	115,161	91,469
ADVANCED DRAINAGE SYSTEMS	33,812	40,839
ADVANCED DRAINAGE SYSTEMS	90,503	109,312
VALERO ENERGY CORP	31,582	28,917
VALERO ENERGY CORP	85,312	78,114
STEEL DYNAMICS INC	29,762	35,070
STEEL DYNAMICS INC	79,933	94,408
CHARLES SCHWAB	63,781	73,167
CHARLES SCHWAB	171,012	196,542
LEGALZOOMCOM INC	4,380	2,732
LEGALZOOMCOM INC	13,114	8,180
STITCH FIX INC CL A	8,905	2,914
STITCH FIX INC CL A	27,389	9,271
AIRBNB CL A	4,890	5,827
AIRBNB CL A	14,671	17,481
ROBLOX CORP CL A	6,412	7,840
ROBLOX CORP CL A	18,588	22,695
BLUEPRINT MEDICINES CORP	4,406	5,356
BLUEPRINT MEDICINES CORP	13,217	16,067
BLOCK INC	1,744	3,876
BLOCK INC	5,151	11,467
APTIV PLC	29,514	32,990
APTIV PLC	79,394	88,743
HELLOFRESH SE - SP ADR	6,107	5,486
HELLOFRESH SE - SP ADR	17,843	16,078
NIO INC	4,294	3,326
NIO INC	12,885	9,979
XPENG INC	3,160	5,134
XPENG INC	9,479	15,401
SPLUNK INC	17,287	14,118

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

US Government Securities - End of Year Book Value:

308,607

US Government Securities - End of Year Fair Market Value:

316,126

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD SMALL CAP VIPERS FUND	AT COST	237,576	375,518
VANGUARD INTERMEDIATE TERM BD ETF	AT COST	640,010	653,733
HARDING LOEVNER INST EMERG KRKTS FD	AT COST	256,743	299,128

- TIN:

TY 2021 OtherAssetsSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DUE FROM BROKER	10,652	18,649	18,649

- TIN:

TY 2021 OtherExpensesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL PROCESSING FEE	1,703	170	1,533
OFFICE EXPENSE	260	26	234
FILING FEE	150	0	150
INSURANCE	922	0	922
BANK CHARGES	60	0	60
ADR FEES	15	15	0

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT COUNSEL FEES	111,826	111,826		0

- TIN:

TY 2021 TaxesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	5,653	565		5,088
FOREIGN TAX	691	691		0