Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
MADRONO FOUNDATION
C/O WOODY CREEK MANAGEMENT GROUP
Number and street (or P.O. box number if mail is not delivered to street address)250 STEELE STREET SUITE 375
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80206
A Employer identification number

46-5476723
B Telephone number (see instructions)

(303) 225-8475
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,976,589J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 409,425
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 358,983 358,334  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 597,028
b Gross sales price for all assets on line 6a 2,613,792
7 Capital gain net income (from Part IV, line 2)... 597,028
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........ 1,365,436 955,362  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,100 2,550   2,550
c Other professional fees (attach schedule).... Click to see attachment 181,224 146,446   34,778
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,431 7,029   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,495 2,898   597
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 222,250 158,923   37,925
25 Contributions, gifts, grants paid....... 500,000 500,000
26 Total expenses and disbursements. Add lines 24 and 25 722,250 158,923   537,925
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 643,186
b Net investment income (if negative, enter -0-) 796,439
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 887,472 785,187 785,187
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,205,802 Click to see attachment1,597,474 1,597,474
b Investments—corporate stock (attach schedule)....... 15,394,505 Click to see attachment17,833,422 17,833,422
c Investments—corporate bonds (attach schedule)....... 799,578 Click to see attachment760,506 760,506
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,287,357 20,976,589 20,976,589
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 18,287,357 20,976,589
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 18,287,357 20,976,589
30 Total liabilities and net assets/fund balances (see instructions). 18,287,357 20,976,589
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,287,357
2
Enter amount from Part I, line 27a .....................
2
643,186
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,046,046
4
Add lines 1, 2, and 3 ..........................
4
20,976,589
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,976,589
Form 990-PF (2021)
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 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - SHORT TERM P    
b PUBLICLY TRADED SECURITIES - LONG TERM P    
c TOTAL CAPITAL GAIN DISTRIBUTIONS P    
d PUBLICLY TRADED SECURITIES - SHORT TERM P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 801,502   614,099 187,403
b 1,731,164   1,327,193 403,971
c 5,654     5,654
d 75,472   75,472 0
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       187,403
b       403,971
c       5,654
d       0
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 597,028
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
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 Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 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 11,071
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 11,071
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 15,900
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,600
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,500
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,429
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,429 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletMADRONOFOUNDATION.ORG
    14
    The books are in care ofbulletWOODY CREEK MANAGEMENT GROUP Telephone no.bullet (303) 225-8475

    Located atbullet250 STEELE STREET SUITE 375DENVERCO ZIP+4bullet80206
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 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
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)
     
    No
    (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)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    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? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    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.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (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)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (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)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    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-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARTIN KOHOUT DIRECTOR
    1.00     		0 0 0
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    ELIZABETH KOHOUT DIRECTOR
    1.00     		0 0 0
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    CHRISTOPHER KOHOUT DIRECTOR
    1.00     		0 0 0
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    THEA KOHOUT DIRECTOR
    1.00     		0 0 0
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    JENNIFER CROSSETT SECRETARY AND TREASURER
    1.00     		0 0 0
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    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
    MERRILL LYNCH INVESTMENT MANAGEMENT FEES 111,668
    1500 AMERICAN BOULEVARD
    PENNINGTON,NJ08534
    WOODY CREEK MANAGEMENT GROUP BACK OFFICE 69,556
    250 STEELE STREET SUITE 375
    DENVER,CO80206
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,842,259
    b
    Average of monthly cash balances.......................
    1b
    836,296
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,678,555
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    19,678,555
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    295,178
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    19,383,377
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    969,169
    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.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    969,169
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,071
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,071
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    958,098
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    958,098
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    958,098
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    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 7 958,098
    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......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 449,271
    f Total of lines 3a through e ........ 449,271
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 537,925
    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..... 537,925
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 420,173 420,173
    (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 29,098
    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 ......     		29,098
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 29,098
    e Excess from 2021....  
    Form 990-PF (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 or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    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
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    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)
    aPaid during the year
    18 REASONS
    3674 18TH ST
    SAN FRANCISCO,CA94110     		  PC GENERAL SUPPORT 100,000
    CHIEF SEATTLE CLUB
    410 2ND AVE EXT S
    SEATTLE,WA98104     		  PC GENERAL SUPPORT 100,000
    FOUNDATION COMMUNITIES
    3000 S IH 35 SUITE 300
    AUSTIN,TX78704     		  PC GENERAL SUPPORT 100,000
    FRONT AND CENTERED
    1501 E MADISON ST SUITE 250
    SEATTLE,WA98122     		  PC GENERAL SUPPORT 100,000
    THE ORION SOCIETY
    187 MAIN ST
    GREAT BARRINGTON,MA01230     		  PC GENERAL SUPPORT 100,000
    Total .................................bullet 3a 500,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    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
    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 ....          
    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 ............     		    18 597,028  
    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) .. 0 956,011 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    956,011
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part 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)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    MADRONO FOUNDATION
    C/O WOODY CREEK MANAGEMENT GROUP
    Employer identification number

    46-5476723
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    MADRONO FOUNDATION
    C/O WOODY CREEK MANAGEMENT GROUP         		Employer identification number
    46-5476723
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CATTO CHARITABLE LEAD ANNUITY TRUST
     
    250 STEELE STREET SUITE 375
     
    DENVER, CO80206

    		$ 301,021


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CATTO CHARITABLE LEAD UNITRUST
     
    250 STEELE STREET SUITE 375
     
    DENVER, CO80206

    		$ 108,404


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    MADRONO FOUNDATION
    C/O WOODY CREEK MANAGEMENT GROUP         		Employer identification number

    46-5476723
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    MADRONO FOUNDATION
    C/O WOODY CREEK MANAGEMENT GROUP         		Employer identification number

    46-5476723
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,100 2,550   2,550

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SHELL INTERNATIONAL FIN 71,181 71,181
    VERIZON COMMUNICATIONS 71,139 71,139
    CITIGROUP INC 71,598 71,598
    CVS HEALTH CORP 71,873 71,873
    WELLS FARGO & COMPANY 72,073 72,073
    MORGAN STANLEY 47,468 47,468
    COMCAST CORP 71,577 71,577
    JPMORGAN CHASE & CO 94,275 94,275
    GOLDMAN SACHS GROUP INC 120,102 120,102
    AMAZON.COM INC 22,313 22,313
    ENTERPRISE PRODUCTS OPER 46,907 46,907

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AAGIY 12,864 12,864
    AAIGF 9,094 9,094
    AAP 15,112 15,112
    AAPL 753,430 753,430
    ABB 8,779 8,779
    ABBV 62,961 62,961
    ABC 3,322 3,322
    ABMD 5,747 5,747
    ABT 61,503 61,503
    ACCYY 1,656 1,656
    ACN 66,743 66,743
    ADBE 115,113 115,113
    ADDYY 6,768 6,768
    ADI 24,080 24,080
    ADM 12,234 12,234
    ADP 23,425 23,425
    ADRNY 3,956 3,956
    ADSK 19,402 19,402
    ADYEY 7,528 7,528
    ADYYF 10,515 10,515
    AEE 12,194 12,194
    AEG 1,393 1,393
    AEP 10,409 10,409
    AES 7,169 7,169
    AFL 18,802 18,802
    AFTPY 2,097 2,097
    AGESY 1,867 1,867
    AHEXY 1,662 1,662
    AHKSY 3,645 3,645
    AIG 22,346 22,346
    AIMC 21,144 21,144
    AIN 26,712 26,712
    AIQUY 7,881 7,881
    AJG 11,707 11,707
    AJINY 3,172 3,172
    AKAM 24,930 24,930
    ALB 8,649 8,649
    ALC 18,731 18,731
    ALFVY 3,912 3,912
    ALGN 11,172 11,172
    ALIZF 4,494 4,494
    ALIZY 12,206 12,206
    ALPMY 4,604 4,604
    ALSMY 1,228 1,228
    AMADY 4,605 4,605
    AMAT 42,015 42,015
    AMD 43,890 43,890
    AME 11,910 11,910
    AMGN 35,545 35,545
    AMKBY 3,584 3,584
    AMP 12,670 12,670
    AMT 32,175 32,175
    AMZN 446,802 446,802
    ANET 8,625 8,625
    ANSS 24,869 24,869
    ANTM 24,104 24,104
    ANYYY 1,902 1,902
    ANZBY 8,444 8,444
    AON 17,733 17,733
    APD 20,994 20,994
    APH 4,198 4,198
    APTV 36,454 36,454
    ARGX 1,401 1,401
    ARKAY 1,985 1,985
    ASAZY 3,787 3,787
    ASBFY 3,652 3,652
    ASGLY 1,192 1,192
    ASHTY 5,260 5,260
    ASML 50,157 50,157
    ASMLF 8,840 8,840
    ATASY 2,598 2,598
    ATDRY 2,127 2,127
    ATEYY 2,877 2,877
    ATLCY 4,887 4,887
    ATLKY 7,139 7,139
    ATVI 10,246 10,246
    AVB 9,851 9,851
    AVGO 81,180 81,180
    AVVIY 4,546 4,546
    AWK 21,908 21,908
    AXAHY 8,187 8,187
    AXP 32,884 32,884
    AZN 19,164 19,164
    AZO 10,482 10,482
    BA 33,016 33,016
    BAESY 3,425 3,425
    BAX 8,155 8,155
    BBL 6,874 6,874
    BBVA 4,990 4,990
    BBWI 5,653 5,653
    BCS 5,599 5,599
    BDRFY 1,647 1,647
    BDX 21,124 21,124
    BEN 7,334 7,334
    BFAM 3,776 3,776
    BFB 6,485 6,485
    BHP 11,406 11,406
    BIIB 10,317 10,317
    BIO 42,312 42,312
    BK 12,255 12,255
    BKNG 28,791 28,791
    BLK 38,454 38,454
    BLL 13,574 13,574
    BMRN 6,891 6,891
    BMTC 33,758 33,758
    BMWYY 4,476 4,476
    BMY 37,846 37,846
    BNPQY 8,071 8,071
    BNTGY 1,843 1,843
    BRDCY 3,432 3,432
    BRKB 138,437 138,437
    BSX 19,668 19,668
    BTLCY 5,350 5,350
    BUD 5,692 5,692
    BURBY 1,375 1,375
    BXBLY 5,158 5,158
    BXP 10,481 10,481
    BZLFY 2,069 2,069
    C 42,877 42,877
    CABGY 4,236 4,236
    CAG 6,045 6,045
    CAH 3,553 3,553
    CAIXY 1,345 1,345
    CAJ 5,326 5,326
    CARR 6,075 6,075
    CAT 35,766 35,766
    CB 20,298 20,298
    CBT 19,558 19,558
    CCEP 3,747 3,747
    CCHGY 1,639 1,639
    CCI 26,301 26,301
    CCL 13,219 13,219
    CCMP 24,920 24,920
    CDEVY 1,952 1,952
    CE 9,579 9,579
    CERN 14,209 14,209
    CF 9,697 9,697
    CFG 11,907 11,907
    CGEMY 6,803 6,803
    CHD 9,430 9,430
    CHGCY 2,732 2,732
    CHKP 2,681 2,681
    CHTR 20,863 20,863
    CHYHY 1,181 1,181
    CI 21,585 21,585
    CINF 5,355 5,355
    CJPRY 4,591 4,591
    CKHUY 1,971 1,971
    CL 21,335 21,335
    CLLNY 2,773 2,773
    CLPBY 2,288 2,288
    CLX 6,974 6,974
    CMA 11,049 11,049
    CMCSA 61,403 61,403
    CME 22,846 22,846
    CMG 10,490 10,490
    CMPGY 7,636 7,636
    CMWAY 16,060 16,060
    CNC 8,817 8,817
    CNP 6,336 6,336
    CODYY 4,089 4,089
    COF 17,846 17,846
    COO 5,027 5,027
    COST 26,114 26,114
    COVTY 2,750 2,750
    CP 6,834 6,834
    CPB 3,303 3,303
    CRARY 2,131 2,131
    CRH 4,435 4,435
    CRM 104,956 104,956
    CRRFY 1,823 1,823
    CRUS 23,005 23,005
    CRZBY 1,358 1,358
    CS 4,087 4,087
    CSCO 80,480 80,480
    CSLLY 11,215 11,215
    CSX 28,087 28,087
    CTLT 7,042 7,042
    CTSH 10,469 10,469
    CTTAY 1,592 1,592
    CTXS 4,446 4,446
    CVS 63,959 63,959
    CYBR 1,040 1,040
    CZMWY 2,544 2,544
    CZR 6,828 6,828
    DANOY 4,473 4,473
    DAR 43,999 43,999
    DASTY 7,162 7,162
    DB 3,200 3,200
    DBOEY 3,505 3,505
    DBSDY 3,213 3,213
    DD 18,337 18,337
    DE 24,002 24,002
    DEO 15,630 15,630
    DFS 12,827 12,827
    DG 10,848 10,848
    DGII 21,474 21,474
    DGX 5,190 5,190
    DHI 12,689 12,689
    DHR 71,066 71,066
    DIFTY 5,056 5,056
    DIOD 33,602 33,602
    DIS 95,877 95,877
    DISCK 2,176 2,176
    DISH 4,023 4,023
    DKILY 6,843 6,843
    DLR 16,095 16,095
    DLTR 9,555 9,555
    DMLRY 8,210 8,210
    DNBBY 2,364 2,364
    DNKEY 1,932 1,932
    DNNGY 2,820 2,820
    DNPLY 3,659 3,659
    DNTUY 783 783
    DNZOY 4,671 4,671
    DOGEF 12,004 12,004
    DOV 17,434 17,434
    DOW 16,846 16,846
    DPSGY 8,651 8,651
    DPZ 6,208 6,208
    DQJCY 966 966
    DRE 11,684 11,684
    DRI 7,532 7,532
    DSDVY 7,395 7,395
    DSEEY 2,516 2,516
    DSNKY 5,842 5,842
    DTEGY 5,220 5,220
    DUK 38,184 38,184
    DWAHY 5,941 5,941
    DXC 7,050 7,050
    DXCM 27,384 27,384
    EA 7,782 7,782
    EADSY 8,775 8,775
    EBAY 33,450 33,450
    EBKDY 4,613 4,613
    EBS 15,171 15,171
    ECIFY 1,496 1,496
    ECL 18,533 18,533
    ED 18,685 18,685
    EDNMY 1,670 1,670
    EDPFY 6,079 6,079
    EFX 6,734 6,734
    EGP 35,089 35,089
    EIX 5,255 5,255
    EJPRY 4,608 4,608
    EL 29,246 29,246
    ELUXY 1,993 1,993
    EMN 6,892 6,892
    EMR 21,476 21,476
    ENGGY 1,772 1,772
    ENGIY 2,527 2,527
    ENLAY 8,740 8,740
    ENPH 6,586 6,586
    ENS 17,472 17,472
    ENTG 29,240 29,240
    EONGY 2,718 2,718
    EPOKY 3,911 3,911
    EQIX 39,754 39,754
    EQR 19,458 19,458
    ERIC 4,044 4,044
    ESALY 1,534 1,534
    ESLOF 7,665 7,665
    ESLOY 6,949 6,949
    ESLT 1,915 1,915
    ETN 44,242 44,242
    ETSY 8,320 8,320
    EVVTY 3,717 3,717
    EW 22,024 22,024
    EXC 14,440 14,440
    EXPE 13,012 13,012
    EXPGY 5,967 5,967
    F 21,102 21,102
    FANUY 5,323 5,323
    FAST 18,641 18,641
    FB 268,407 268,407
    FBK 23,707 23,707
    FCFS 20,199 20,199
    FCX 29,044 29,044
    FDX 8,535 8,535
    FELE 29,408 29,408
    FERG 5,023 5,023
    FFIV 5,628 5,628
    FIS 29,361 29,361
    FISV 15,361 15,361
    FJTSY 4,764 4,764
    FLT 6,268 6,268
    FMC 8,681 8,681
    FMS 1,591 1,591
    FORM 25,100 25,100
    FOXA 7,085 7,085
    FRCOY 3,796 3,796
    FRRVY 2,191 2,191
    FSNUY 2,605 2,605
    FSUGY 4,323 4,323
    FTNT 15,814 15,814
    FTV 8,087 8,087
    FUJHY 1,863 1,863
    FUJIY 5,345 5,345
    FUPBY 1,447 1,447
    FUTU 346 346
    GBERF 5,725 5,725
    GBERY 2,971 2,971
    GCTAY 840 840
    GE 27,585 27,585
    GILD 28,536 28,536
    GIS 12,465 12,465
    GLNCY 7,782 7,782
    GLW 7,148 7,148
    GM 19,113 19,113
    GMAB 3,283 3,283
    GMVHY 2,377 2,377
    GNGBY 2,361 2,361
    GNRC 4,223 4,223
    GOOG 219,913 219,913
    GOOGL 228,866 228,866
    GPC 9,534 9,534
    GPN 6,759 6,759
    GRFS 1,011 1,011
    GRUB 1,259 1,259
    GS 32,899 32,899
    GSK 13,627 13,627
    GVDNY 4,931 4,931
    GWW 32,131 32,131
    HAS 5,496 5,496
    HCA 18,498 18,498
    HCKT 15,500 15,500
    HCMLY 2,290 2,290
    HD 143,593 143,593
    HDELY 1,536 1,536
    HEINY 3,902 3,902
    HENKY 2,149 2,149
    HENOY 2,019 2,019
    HESAY 8,074 8,074
    HKXCY 7,347 7,347
    HLDCY 5,114 5,114
    HLPPY 5,104 5,104
    HMC 6,344 6,344
    HMN 12,152 12,152
    HNNMY 3,093 3,093
    HOCPY 6,432 6,432
    HOKCY 1,907 1,907
    HOLX 3,981 3,981
    HON 27,940 27,940
    HPE 9,998 9,998
    HPQ 9,983 9,983
    HSBC 13,236 13,236
    HSIC 4,884 4,884
    HSQVY 2,087 2,087
    HST 13,425 13,425
    HSY 11,028 11,028
    HTHIY 6,719 6,719
    HTLF 15,082 15,082
    HUM 10,205 10,205
    HVRRY 1,951 1,951
    HWM 11,904 11,904
    HXGBY 8,125 8,125
    HXL 18,026 18,026
    IBDRY 7,034 7,034
    IBDSF 11,696 11,696
    IBM 35,019 35,019
    ICE 20,789 20,789
    ICL 4,274 4,274
    IDEXY 4,047 4,047
    IDXX 10,535 10,535
    IFJPY 3,002 3,002
    IFNNY 6,670 6,670
    IHG 3,195 3,195
    ILMN 16,359 16,359
    INCY 4,918 4,918
    INFO 21,799 21,799
    ING 4,176 4,176
    INMD 1,200 1,200
    INTC 48,101 48,101
    INTU 44,382 44,382
    IQV 13,825 13,825
    IR 5,568 5,568
    IRM 9,890 9,890
    ISNPY 5,891 5,891
    ISRG 52,817 52,817
    ISUZY 1,335 1,335
    ITOCY 5,724 5,724
    ITW 20,731 20,731
    IVZ 7,182 7,182
    IX 5,700 5,700
    J 5,291 5,291
    JACK 26,419 26,419
    JBAXY 4,034 4,034
    JBHT 5,928 5,928
    JCI 7,806 7,806
    JHX 3,337 3,337
    JMHLY 1,438 1,438
    JNJ 112,564 112,564
    JNPR 11,749 11,749
    JPM 141,882 141,882
    JPXGY 2,694 2,694
    JSAIY 3,973 3,973
    K 10,307 10,307
    KAOOY 2,226 2,226
    KBCSF 7,723 7,723
    KBCSY 2,327 2,327
    KD 941 941
    KDDIY 5,626 5,626
    KE 11,424 11,424
    KEY 29,005 29,005
    KGFHY 2,520 2,520
    KHC 12,888 12,888
    KHNGY 4,300 4,300
    KIGRY 1,873 1,873
    KIM 6,680 6,680
    KLAC 16,774 16,774
    KMB 11,434 11,434
    KMTUY 3,319 3,319
    KMX 5,470 5,470
    KNBWY 3,668 3,668
    KNRRY 1,131 1,131
    KNYJY 2,467 2,467
    KO 68,565 68,565
    KR 11,813 11,813
    KRYAY 4,732 4,732
    KSRYY 1,179 1,179
    KUBTY 3,687 3,687
    KYOCY 6,591 6,591
    L 27,378 27,378
    LEN 19,515 19,515
    LFUS 25,174 25,174
    LGGNF 7,197 7,197
    LGGNY 5,011 5,011
    LGRDY 2,663 2,663
    LH 8,484 8,484
    LHX 7,890 7,890
    LIN 57,507 57,507
    LKQ 6,543 6,543
    LLY 68,226 68,226
    LNC 13,720 13,720
    LNSTY 4,624 4,624
    LOGI 2,474 2,474
    LOW 52,213 52,213
    LRCX 28,047 28,047
    LRLCY 14,408 14,408
    LSRCY 3,186 3,186
    LUMN 7,944 7,944
    LVMUY 24,329 24,329
    LW 3,486 3,486
    LYB 13,466 13,466
    LYG 5,768 5,768
    LYV 6,344 6,344
    LZAGY 8,851 8,851
    MA 93,064 93,064
    MAR 6,610 6,610
    MARUY 4,763 4,763
    MCARY 1,091 1,091
    MCD 61,388 61,388
    MCHP 12,537 12,537
    MCK 9,943 9,943
    MCO 11,717 11,717
    MDIBY 1,760 1,760
    MDLZ 29,840 29,840
    MDT 36,725 36,725
    MELI 6,742 6,742
    MET 4,124 4,124
    MFG 2,502 2,502
    MGDDY 2,492 2,492
    MGM 8,303 8,303
    MHGVY 2,538 2,538
    MIELY 3,380 3,380
    MITEY 6,048 6,048
    MITSY 6,644 6,644
    MKKGY 4,272 4,272
    MKTAY 2,218 2,218
    MLM 10,132 10,132
    MMC 25,378 25,378
    MMM 45,651 45,651
    MNST 28,332 28,332
    MOGA 14,575 14,575
    MONDY 990 990
    MOS 10,451 10,451
    MPW 8,460 8,460
    MPWR 27,133 27,133
    MQBKY 10,057 10,057
    MRAAY 7,461 7,461
    MRK 61,235 61,235
    MRNA 21,842 21,842
    MS 35,239 35,239
    MSADY 1,924 1,924
    MSCI 13,479 13,479
    MSFT 732,505 732,505
    MSI 14,128 14,128
    MT 5,220 5,220
    MTB 2,457 2,457
    MTCH 3,968 3,968
    MTD 10,183 10,183
    MTH 25,266 25,266
    MTSFY 1,901 1,901
    MTUAY 1,218 1,218
    MU 27,759 27,759
    MUFG 6,705 6,705
    MURGY 4,693 4,693
    MYGN 16,588 16,588
    MZDAY 883 883
    NABZY 9,084 9,084
    NCLH 5,600 5,600
    NCLTY 1,649 1,649
    NCMGY 3,509 3,509
    NDEKY 2,823 2,823
    NEE 52,562 52,562
    NEM 20,591 20,591
    NFLX 92,776 92,776
    NGG 7,955 7,955
    NGLOY 6,297 6,297
    NHYDY 3,358 3,358
    NI 14,136 14,136
    NICE 3,643 3,643
    NJDCY 6,876 6,876
    NKE 68,668 68,668
    NLOK 5,508 5,508
    NLSN 5,107 5,107
    NMR 3,823 3,823
    NNGRY 3,227 3,227
    NOK 4,342 4,342
    NONOF 13,486 13,486
    NOW 33,754 33,754
    NPNYY 1,712 1,712
    NRDBY 4,473 4,473
    NRG 4,696 4,696
    NSANY 846 846
    NSC 29,176 29,176
    NSRGY 43,936 43,936
    NTAP 14,626 14,626
    NTDOY 6,596 6,596
    NTRS 8,851 8,851
    NTTYY 3,700 3,700
    NUE 32,533 32,533
    NVDA 245,582 245,582
    NVO 19,936 19,936
    NVS 19,681 19,681
    NVZMY 2,161 2,161
    NWG 4,045 4,045
    NWL 4,412 4,412
    NWSA 4,261 4,261
    NXPI 30,295 30,295
    OCDDY 1,907 1,907
    OCPNY 3,238 3,238
    OGN 2,406 2,406
    OMC 6,961 6,961
    OMRNY 4,520 4,520
    OPHLY 1,919 1,919
    ORAN 2,142 2,142
    ORCL 51,367 51,367
    OREF 2,905 2,905
    ORKLY 3,977 3,977
    OSUR 14,156 14,156
    OTIS 9,752 9,752
    OTSKY 3,650 3,650
    OVCHY 2,489 2,489
    PANDY 1,532 1,532
    PANW 27,281 27,281
    PATH 6,124 6,124
    PAYC 4,567 4,567
    PAYX 13,241 13,241
    PBCT 11,815 11,815
    PCAR 10,944 10,944
    PCRFY 3,318 3,318
    PDYPY 3,824 3,824
    PEAK 4,331 4,331
    PEB 17,650 17,650
    PEG 19,218 19,218
    PENN 26,858 26,858
    PEP 87,029 87,029
    PFE 91,823 91,823
    PG 107,308 107,308
    PGR 8,212 8,212
    PH 22,268 22,268
    PHG 3,648 3,648
    PKI 8,243 8,243
    PLD 32,999 32,999
    PNC 24,463 24,463
    POAHY 2,892 2,892
    PPG 10,174 10,174
    PPL 11,964 11,964
    PPRUY 7,326 7,326
    PRNDY 7,951 7,951
    PROSY 8,454 8,454
    PRU 18,942 18,942
    PRYMY 3,065 3,065
    PSA 11,986 11,986
    PSMMY 2,928 2,928
    PSO 1,142 1,142
    PUBGY 3,634 3,634
    PUK 5,681 5,681
    PUKPF 8,113 8,113
    PVH 5,013 5,013
    PWR 27,633 27,633
    PYPL 67,700 67,700
    QBIEY 4,248 4,248
    QCOM 61,261 61,261
    QGEN 1,501 1,501
    QRVO 5,317 5,317
    RACE 4,400 4,400
    RANJY 1,427 1,427
    RBGLY 7,053 7,053
    RCL 8,844 8,844
    RCRUY 10,182 10,182
    RDEIY 1,478 1,478
    RDSMY 3,000 3,000
    REGN 16,420 16,420
    RELX 5,772 5,772
    REMYY 2,101 2,101
    RF 9,614 9,614
    RHHBY 30,962 30,962
    RIO 7,497 7,497
    RJF 31,124 31,124
    RKUNY 1,080 1,080
    RNECY 2,802 2,802
    RNLSY 1,262 1,262
    ROK 17,791 17,791
    ROP 25,577 25,577
    RSG 15,061 15,061
    RTOKY 2,007 2,007
    RTX 38,039 38,039
    RUN 3,670 3,670
    RWEOY 4,573 4,573
    RYCEY 1,549 1,549
    RYKKY 855 855
    SAFRY 5,353 5,353
    SAN 6,373 6,373
    SANM 23,715 23,715
    SAP 15,412 15,412
    SAPGF 2,828 2,828
    SAUHY 3,672 3,672
    SAXPY 4,715 4,715
    SBAC 11,671 11,671
    SBGSY 10,155 10,155
    SBNY 9,381 9,381
    SBUX 44,215 44,215
    SCBFY 800 800
    SCGLY 3,859 3,859
    SCHW 31,622 31,622
    SCHYY 1,291 1,291
    SCMWY 2,934 2,934
    SCS 15,048 15,048
    SDVKY 4,109 4,109
    SDXAY 1,921 1,921
    SE 13,870 13,870
    SEKEY 1,812 1,812
    SEOAY 1,775 1,775
    SFTBY 5,748 5,748
    SGAPY 4,005 4,005
    SGIOY 3,586 3,586
    SGPYY 2,146 2,146
    SGSOY 981 981
    SHECY 6,860 6,860
    SHW 20,073 20,073
    SIEGY 13,943 13,943
    SIVB 8,817 8,817
    SJM 9,100 9,100
    SKFRY 1,737 1,737
    SKHHY 5,820 5,820
    SKHSF 6,968 6,968
    SKHSY 4,259 4,259
    SMCAY 4,507 4,507
    SMFG 4,638 4,638
    SMFKY 2,002 2,002
    SMGZY 1,910 1,910
    SMMNY 3,628 3,628
    SMNNY 2,540 2,540
    SNN 2,873 2,873
    SNPHY 1,595 1,595
    SNPS 13,266 13,266
    SNY 12,124 12,124
    SO 26,815 26,815
    SOBKY 3,173 3,173
    SOMLY 1,923 1,923
    SOMMY 3,348 3,348
    SONVY 3,455 3,455
    SONY 18,202 18,202
    SOUHY 4,942 4,942
    SPG 17,734 17,734
    SPGI 29,260 29,260
    SPKKY 1,842 1,842
    SPLK 10,299 10,299
    SPXCY 2,201 2,201
    SRE 11,641 11,641
    SSDOY 3,743 3,743
    SSEZY 3,544 3,544
    SSMXY 3,931 3,931
    SSREY 5,377 5,377
    SSUMY 4,375 4,375
    STBFY 1,553 1,553
    STLA 5,009 5,009
    STM 3,422 3,422
    STT 10,695 10,695
    STZ 15,309 15,309
    SUHJY 6,021 6,021
    SUTNY 1,966 1,966
    SVNDY 6,149 6,149
    SVNLY 2,014 2,014
    SWDBY 1,670 1,670
    SWGAY 2,078 2,078
    SWK 10,185 10,185
    SWKS 6,361 6,361
    SWRAY 4,817 4,817
    SXYAY 8,561 8,561
    SYF 6,541 6,541
    SYIEF 14,445 14,445
    SYIEY 2,261 2,261
    SYK 26,742 26,742
    SYY 15,082 15,082
    SZKMY 1,387 1,387
    SZSAY 1,564 1,564
    T 52,250 52,250
    TAK 13,535 13,535
    TAP 12,144 12,144
    TDG 29,905 29,905
    TDY 39,320 39,320
    TEAM 19,446 19,446
    TEF 1,709 1,709
    TEL 17,747 17,747
    TELNY 1,239 1,239
    TEVA 1,938 1,938
    TEZNY 5,883 5,883
    TFC 25,996 25,996
    TGT 31,707 31,707
    TIIAY 2,980 2,980
    TJX 15,867 15,867
    TKOMY 4,481 4,481
    TLPFY 1,782 1,782
    TLSNY 1,777 1,777
    TLSYY 4,609 4,609
    TM 20,568 20,568
    TMICY 2,785 2,785
    TMO 122,772 122,772
    TMSNY 1,374 1,374
    TMUS 16,005 16,005
    TOELY 8,922 8,922
    TOSYY 2,435 2,435
    TPR 7,105 7,105
    TRMK 12,335 12,335
    TROW 5,506 5,506
    TRUMF 7,048 7,048
    TRV 11,732 11,732
    TRYIY 3,276 3,276
    TSCDY 7,864 7,864
    TSCO 22,190 22,190
    TSLA 211,356 211,356
    TSM 12,151 12,151
    TSRYY 3,115 3,115
    TT 9,091 9,091
    TTDKY 3,288 3,288
    TTGT 47,639 47,639
    TTNDY 3,479 3,479
    TTWO 4,798 4,798
    TWNK 24,831 24,831
    TWTR 10,546 10,546
    TXN 40,710 40,710
    TXT 7,720 7,720
    UBER 14,256 14,256
    UBS 11,044 11,044
    UBSFY 1,013 1,013
    UCBJY 1,990 1,990
    UDR 10,258 10,258
    UFCS 10,899 10,899
    UL 14,846 14,846
    ULTA 29,688 29,688
    UMICY 912 912
    UNCRY 6,020 6,020
    UNH 160,685 160,685
    UNICY 3,187 3,187
    UNLYF 4,115 4,115
    UNP 51,142 51,142
    UOVEY 1,922 1,922
    UPMMY 2,670 2,670
    UPS 62,802 62,802
    URI 9,304 9,304
    USB 16,851 16,851
    UUGRY 2,470 2,470
    V 139,562 139,562
    VCISY 5,367 5,367
    VEOEY 3,386 3,386
    VFC 6,736 6,736
    VIAC 4,074 4,074
    VIVHY 2,723 2,723
    VLEEF 3,416 3,416
    VLVLY 4,318 4,318
    VNO 11,763 11,763
    VOD 6,659 6,659
    VONOY 6,878 6,878
    VRSK 10,979 10,979
    VRSN 11,422 11,422
    VRTX 16,031 16,031
    VTR 3,016 3,016
    VTRS 7,306 7,306
    VWAGY 1,635 1,635
    VWAPY 3,775 3,775
    VWDRY 3,346 3,346
    VWSYF 11,284 11,284
    VZ 50,141 50,141
    WAB 14,277 14,277
    WBA 21,177 21,177
    WBK 7,833 7,833
    WBT 21,155 21,155
    WDAY 14,479 14,479
    WDC 9,782 9,782
    WEC 10,678 10,678
    WELL 7,462 7,462
    WFAFY 9,678 9,678
    WFC 65,109 65,109
    WIX 1,262 1,262
    WJRYY 2,048 2,048
    WLTW 6,175 6,175
    WM 21,196 21,196
    WMT 63,664 63,664
    WPP 4,684 4,684
    WSBC 16,305 16,305
    WTBDY 2,563 2,563
    WTKWY 2,599 2,599
    WTS 5,631 5,631
    WWW 19,274 19,274
    WY 10,377 10,377
    WYNN 7,313 7,313
    XEL 10,561 10,561
    XLNX 12,298 12,298
    XRAY 6,695 6,695
    XYL 14,151 14,151
    YAHOY 1,945 1,945
    YARIY 3,620 3,620
    YASKY 1,981 1,981
    YUM 13,192 13,192
    ZBH 6,987 6,987
    ZLNDY 2,061 2,061
    ZTS 27,087 27,087
    ZURVY 7,964 7,964
    LMECX 1,260,991 1,260,991
    LMLCX 457,656 457,656
    LMSMX 620,780 620,780
    PGINX 454,820 454,820
    TSBHX 544,654 544,654

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    US Government Securities - End of Year Book Value:

    1,597,474
    US Government Securities - End of Year Fair Market Value:

    1,597,474
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 OtherExpensesSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 2,898 2,898   0
    WEBSITE 597 0   597


    TY 2021 OtherIncreasesSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Description Amount
    UNREALIZED GAIN 2,046,046


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FAMILY OFFICE FEES 69,556 34,778   34,778
    INVESTMENT MANAGEMENT FEES 111,668 111,668   0


    TY 2021 TaxesSchedule
    Name:
    MADRONO FOUNDATION
     
    C/O WOODY CREEK MANAGEMENT GROUP
    EIN:
    46-5476723
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES FROM 1099 7,029 7,029   0
    FEDERAL TAXES 25,402 0   0