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
EQUINOX FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1544
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANDPOINT, ID83864
A Employer identification number

20-3751438
B Telephone number (see instructions)

(208) 265-5959
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$6,516,923J 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) 2,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 41,960 41,960  
4 Dividends and interest from securities... 72,185 70,507  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,407,148
b Gross sales price for all assets on line 6a 3,931,428
7 Capital gain net income (from Part IV, line 2)... 1,407,148
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........ 1,523,293 1,519,615  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,295     3,295
c Other professional fees (attach schedule).... Click to see attachment 31,045 31,045    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,208 1,208    
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 9,272     9,272
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,820 32,253   12,567
25 Contributions, gifts, grants paid....... 333,600 333,600
26 Total expenses and disbursements. Add lines 24 and 25 378,420 32,253   346,167
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,144,873
b Net investment income (if negative, enter -0-) 1,487,362
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............. 36,878 67,711 67,711
2 Savings and temporary cash investments......... 117,391 58,134 58,134
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) 574,129 Click to see attachment662,999 662,999
b Investments—corporate stock (attach schedule)....... 4,300,507 Click to see attachment4,925,100 4,925,100
c Investments—corporate bonds (attach schedule)....... 974,930 Click to see attachment722,166 722,166
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 48,040 Click to see attachment80,813 80,813
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) 6,051,875 6,516,923 6,516,923
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
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,051,875 6,516,923
29 Total net assets or fund balances (see instructions)..... 6,051,875 6,516,923
30 Total liabilities and net assets/fund balances (see instructions). 6,051,875 6,516,923
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
6,051,875
2
Enter amount from Part I, line 27a .....................
2
1,144,873
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
-679,825
4
Add lines 1, 2, and 3 ..........................
4
6,516,923
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,516,923
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 SCHWAB ST P    
b SCHWAB LT P    
c
d
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 350,266   322,409 27,857
b 3,557,292   2,201,871 1,355,421
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       27,857
b       1,355,421
c
d
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 1,407,148
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 27,857
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  
3 Add lines 1 and 2........................... 3 20,674
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20,674
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 2,826
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 27,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,326
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,652
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet9,652 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletID
    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 addressbulletTHEEQUINOXFOUNDATION.ORG
    14
    The books are in care ofbulletSUSAN L KUBIAK Telephone no.bullet (208) 265-5959

    Located atbulletPO BOX 142DOVERID ZIP+4bullet83825
    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
     
     
    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
    SUSAN L KUBIAK VP/TREASURER
    1.00     		0 0 0
    PO BOX 142
    DOVER,ID83825
    J TED DIEHL SECRETARY
    1.00     		0 0 0
    106 W SUPERIOR ST
    SANDPOINT,ID83864
    JULIE R MEYER PRESIDENT
    1.00     		0 0 0
    437 LAKEVIEW BLVD
    SANDPOINT,ID83864
    STEVE MEYER DIRECTOR
    1.00     		0 0 0
    437 LAKEVIEW BLVD
    SANDPOINT,ID83864
    MARK S KUBIAK DIRECTOR
    1.00     		0 0 0
    PO BOX 142
    DOVER,ID83825
    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  
    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
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    6,128,323
    b
    Average of monthly cash balances.......................
    1b
    181,884
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,310,207
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,310,207
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    94,653
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,215,554
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    310,778
    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
    310,778
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    20,674
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,674
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    290,104
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    290,104
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    290,104
    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 7 290,104
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 25,834
    c From 2018...... 565,334
    d From 2019...... 118,474
    e From 2020...... 116,584
    f Total of lines 3a through e ........ 826,226
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 346,167
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 290,104
    e Remaining amount distributed out of corpus 56,063
    5 Excess distributions carryover applied to 2021.    
    (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 5 882,289
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		882,289
    10 Analysis of line 9:
    a Excess from 2017.... 25,834
    b Excess from 2018.... 565,334
    c Excess from 2019.... 118,474
    d Excess from 2020.... 116,584
    e Excess from 2021.... 56,063
    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 e-mail address of the person to whom applications should be addressed:
    INNOVIA FDN
    618 W RIVERSIDE
    SPOKANE,WA99201
    (509) 624-2606
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT REQUESTS FOR ONE YEAR PERIODS WILL BE ACCEPTED. SEE WWW.INNOVIA.ORG FOR MORE INFORMATION ON GRANT PROGRAMS OR CALL MOLLY SANCHEZ AT 509-624-2606.
    cAny submission deadlines:
    BY APRIL EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ENTITIES WITHIN BONNER AND BOUNDARY COUNTIES IN IDAHO
    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
    9B TRAILS
    PO BOX 1764
    BONNERS FERRY,ID83805     		  82-4094576 ENCHANTED FOREST - TRAIL/PARKING CON 10,000
    ANGELS OVER SANDPOINT
    PO BOX 2369
    SANDPOINT,ID83864     		  82-0536068 BACK TO SCHOOL PROGRAM 5,000
    FRIENDS OF THE SHELTER DBA BETTER T
    870 KOOTENAI CUTOFF RD
    PONDERAY,ID83852     		  94-3071245 ONE HEALTH 15,000
    BONNER COMMUNITY FOOD BANK
    1707 CULVERS DR
    SANDPOINT,ID83864     		  82-0385747 ACTION AGAINST HUNGER 10,000
    BONNER SOIL & WATER CONSERVATION DI
    1224 WASHINGTON AVE 1
    SANDPOINT,ID83864     		  23-7089297 2022 PEND OREILLE WATER FESTIVAL 2,300
    BOUNDARY COUNTY PARKS AND RECREATIO
    7171 5TH STREET
    BONNERS FERRY,ID83805     		  82-6000287 MEMORIAL PARK PUBLIC RESTROOM & CONC 15,000
    CITY OF BONNERS FERRY
    PO BOX 149
    BONNERS FERRY,ID83805     		  82-6000166 2021 POOL SEASON EXTENSION AND EQUIP 10,000
    COMMUNITY CANCER SERVICES
    1205 HWY 2 STE 101-B
    SANDPOINT,ID83864     		  71-0899963 GAS, GROCERY AND LODGING ASSISTANCE 10,000
    COMMUNITY COALITION FOR FAMILIES
    PO BOX 3223
    BONNERS FERRY,ID83805     		  84-1393413 BOUNDARY COUNTY HOUSING ASSISTANCE 10,000
    BOUNDARY COUNTY SCHOOL DISTRICT 101
    6485 TAMARACK LN
    BONNERS FERRY,ID83805     		  82-6000683 FIRST TEAM 2130 ALPHA+ 7,500
    FOOD FOR OUR CHILDREN
    PO BOX 1049
    SANDPOINT,ID83864     		  47-3061449 WEEKEND FOOD XL 3,000
    FRIENDS OF SCOTCHMAN PEAKS WILDERNE
    PO BOX 2061
    SANDPOINT,ID83864     		  74-3202365 WINTER TRACKS YOUTH EDUCATION 7,500
    IDAHO CONSERVATION LEAGUE
    PO BOX 844
    BOISE,ID83702     		  82-6042478 NORTH IDAHO WINTER RECREATION AND CO 3,000
    KANIKSU LAND TRUST
    PO BOX 2123
    SANDPOINT,ID83864     		  47-0898549 PLACE-BASED LEARNING: A TEACHER FOR 10,000
    LAKE PEND OREILLE WATERKEEPER
    PO BOX 732
    SANDPOINT,ID83864     		  26-4219188 KEEPING NORTH IDAHO WATERS SWIMMABLE 15,000
    MUSIC CONSERVATORY OF SANDPOINT
    PO BOX 907
    SANDPOINT,ID83864     		  27-1017841 MUSIC MATTERS COMMUNITY OUTREACH CL 10,000
    NATIONAL FOREST FOUNDATION
    BUILDING 27 STE 3
    MISSOULA,MT59804     		  52-1786332 PANHANDLE FOREST COLLABORATIVE COORD 10,000
    NORTH BENCH VOLUNTEER FIRE DISTRICT
    64464 HWY 2
    BONNERS FERRY,ID83805     		  82-0432903 FIREFIGHTER CANCER AND CARDIAC ARRES 10,000
    PANHANDLE ALLIANCE FOR EDUCATION IN
    PO BOX 1675
    SANDPOINT,ID83864     		  61-1416176 PROFESSIONAL DEVELOPMENT TRAINING ON 10,000
    PANIDA THEATER
    PO BOX 1981
    SANDPOINT,ID83864     		  82-0233559 LIGHT THE MARQUEE 10,000
    PAWSITIVE OUTREACH SPAYNEUTER ALLI
    PO BOX 1241
    NEWPORT,WA99156     		  45-3062989 COMMUNITY SPAY/NEUTER 5,000
    PEND OREILLE ARTS COUNCIL
    PO BOX 1694
    SANDPOINT,ID83864     		  82-0350688 OVATIONS PERFORMING ARTS EDUCATIONAL 7,000
    PRIEST LAKE MUSEUM ASSOCIATION INC
    PO BOX 44
    COOLIN,ID83821     		  82-0358959 KALISPEL PEOPLE AT PRIEST LAKE 3,000
    PRIEST LAKE NORDIC CLUB INC
    6827 W LAKESHORE RD
    PRIEST LAKE,ID83856     		  30-0715902 PRIEST LAKE NORDIC CLUB EQUIPMENT GR 5,000
    PRIEST RIVER LAMANNA HIGH SCHOOL
    596 HIGHWAY 57
    PRIEST RIVER,ID83856     		  82-0508740 AGOGE AFTERSCHOOL PROGRAM 20,000
    PRIEST RIVER MINISTRIES
    PO BOX 334
    PRIEST RIVER,ID83856     		  51-0582172 OPERATING SUPPORT 15,000
    PROJECT 7B
    PO BOX 2365
    SANDPOINT,ID83864     		  84-2617966 EMPOWER BONNER COUNTY: PROVIDING TOO 6,000
    SANDPOINT AREA SENIORS INC
    820 MAIN ST
    SANDPOINT,ID83864     		  82-0418894 SUPPORTING OUR STAFF TO SUPPORT OUR 10,000
    SANDPOINT COMMUNITY RESOURCE CENTER
    PO BOX 2522
    SANDPOINT,ID83864     		  27-1833740 ENVISION CENTER OPENING 20,000
    SANDPOINT NORDIC CLUB INC
    2222 HIDDEN VALLEY RD
    SANDPOINT,ID83864     		  27-1782211 SCHOLARSHIPS AND ADDITIONAL RENTAL 2,000
    SANDPOINT YOUTH CENTER INC
    120 S DIVISION AVE
    SANDPOINT,ID83864     		  61-1510591 HEALTHY TEENS AFTER SCHOOL 8,500
    SELKIRK CONSERVATION ALLIANCE INC
    PO BOX 1809
    PRIEST RIVER,ID83856     		  82-0418651 2021 PRIEST LAKE CITIZEN'S VOLUNTARY 5,000
    EUREKA INSTITUTE
    6162 EUREKA RD
    SAGLE,ID83860     		  45-3828828 SPOT BUSH SHELTER PROGRAM 4,000
    VITAL GROUND FOUNDATION INC
    20 FORT MISSOULA RD
    MISSOULA,MT59804     		  87-0483446 BISMARK MEADOWS BEAVER AND WATERSHED 7,500
    UNIQUE CENTER FOR ATHLETES OF ALL N
    PO BOX 1334
    SANDPOINT,ID83864     		  85-3255324 UCAN YOUTH ADAPTIVE FITNESS AND PHYS 7,300
    4-H CLUBS & AFFILIATED 4-H ORGANIZA
    PO BOX 267
    BONNERS FERRY,ID83805     		  26-1316663 4-H FRIDAY FRIENDS 5,000
    FRIENDS OF SCOTCHMAN PEAKS WILDERNE
    PO BOX 2061
    SANDPOINT,ID83864     		  PC ENVIRONMENT 5,000
    KINDERHAVEN
    PO BOX 2097
    SANDPOINT,ID83864     		  PC YOUTH PROGRAM 3,000
    ANGELS OVER SANDPOINT
    PO BOX 2369
    SANDPOINT,ID83864     		  PC BASIC NEEDS 1,000
    SANDPOINT AREA SENIORS INC
    820 MAIN ST
    SANDPOINT,ID83864     		  PC HEALTH AND WELLBEING 1,000
    SELKIRK OUTDOOR LEADERSHIP & EDUCAT
    1255 MEADOWOOD RD
    SANDPOINT,ID83864     		  PC YOUTH PROGRAM 1,000
    BONNER COMMUNITY FOOD CENTER
    1707 CULVERS DR
    SANDPOINT,ID83864     		  PC BASIC NEEDS 1,000
    BONNER GENERAL HEALTH FOUNDATION
    520 N THIRD AVE
    SANDPOINT,ID83864     		  PC HEALTH AND WELLBEING 1,000
    PANHANDLE SPECIAL NEEDS
    1424 N BOYER AVE
    SANDPOINT,ID83864     		  PC PROGRAM SUPPORT 1,000
    PEND OREILLE ARTS COUNCIL
    PO BOX 1694
    SANDPOINT,ID83864     		  PC ART AND CULTURE 500
    SANDPOINT NORDIC CLUB INC
    2222 HIDDEN VALLEY RD
    SANDPOINT,ID83864     		  PC ENVIRONMENT 500
    NORTH IDAHO MOUNTAIN SPORTS EDUCATI
    PO BOX 170
    SANDPOINT,ID83864     		  PC PROGRAM SUPPORT 2,000
    SANDPOINT HIGH SCHOOL
    410 S DIVISION
    SANDPOINT,ID83864     		  PC EDUCATION 1,500
    SANDPOINT HIGH SCHOOL
    410 S DIVISION
    SANDPOINT,ID83864     		  PC EDUCATION 1,500
    Total .................................bullet 3a 333,600
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 41,960  
    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 ............     		    14 1,407,148  
    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) ..   1,521,293  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,521,293
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,295     3,295

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB ACCOUNT - CORP BONDS 722,166 722,166

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB ACCOUNT 4,925,100 4,925,100

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    US Government Securities - End of Year Book Value:

    224,598
    US Government Securities - End of Year Fair Market Value:

    224,598
    State & Local Government Securities - End of Year Book Value:


    438,401
    State & Local Government Securities - End of Year Fair Market Value:


    438,401


    TY 2021 InvestmentsOtherSchedule2
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCRUED INTEREST FMV    
    OTHER ASSETS FMV 80,813 80,813
    ROUNDING      

    TY 2021 OtherExpensesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE EXPENSES        
    INNOVIA FEES 6,272     6,272
    ADMIN EXPENSES 3,000     3,000


    TY 2021 OtherIncreasesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Description Amount
    CHANGE IN FMV OF SECURITIES -679,825


    TY 2021 OtherLiabilitiesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL INCOME TAX PAYABLE    


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT/PROFESSIONAL FEES 31,045 31,045    


    TY 2021 TaxesSchedule
    Name:
    EQUINOX FOUNDATION INC
    EIN:
    20-3751438
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 1,208 1,208    
    FEDERAL INCOME TAX