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
The HydroPhilanthropy Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

46-1547931
B Telephone number (see instructions)

(800) 839-1754
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$744,144J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 105 105  
4 Dividends and interest from securities... 16,106 16,106  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 200,980
b Gross sales price for all assets on line 6a 1,159,589
7 Capital gain net income (from Part IV, line 2)... 200,980
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -4,274 -4,274  
12 Total. Add lines 1 through 11........ 212,917 212,917  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 808 713 0 95
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 12,434 12,434    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 830 130    
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 18,034 109   17,925
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,106 13,386 0 18,020
25 Contributions, gifts, grants paid....... 203,625 203,625
26 Total expenses and disbursements. Add lines 24 and 25 235,731 13,386 0 221,645
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -22,814
b Net investment income (if negative, enter -0-) 199,531
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.............      
2 Savings and temporary cash investments......... 64,561 67,958 67,958
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   -16,086    
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 675,988 Click to see attachment665,863 676,181
c Investments—corporate bonds (attach schedule).......      
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) Click to see attachment5 Click to see attachment5 Click to see attachment5
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 724,468 733,826 744,144
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 756,640 733,826
29 Total net assets or fund balances (see instructions)..... 756,640 733,826
30 Total liabilities and net assets/fund balances (see instructions). 756,640 733,826
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
756,640
2
Enter amount from Part I, line 27a .....................
2
-22,814
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
733,826
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
733,826
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      
b PROMISSORY NOTE - UTAH WARBIRD ADVENTURES, LLC - 5% - 01/01/2021 P 2018-10-23 2021-09-22
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 1,143,503   942,523 200,980
b 16,086   16,086  
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       200,980
b        
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 2 200,980
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  
3 Add lines 1 and 2........................... 3 2,773
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 2,773
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 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 1,900
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 27
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet27 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? Click to see attachment....................
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 changesClick to see attachment....
3
Yes
 
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.Click to see attachment
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)
    bulletDE
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Marlene Cogwin VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Marie Cole Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Michael Montgomery Dir, Sec, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    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
    794,347
    b
    Average of monthly cash balances.......................
    1b
    63,522
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,679
    d
    Total (add lines 1a, b, and c).........................
    1d
    869,548
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    869,548
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    13,043
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    856,505
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    42,825
    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
    42,825
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,773
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,773
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    40,052
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    40,052
    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
    40,052
    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 40,052
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 234,985
    b From 2017......  
    c From 2018......  
    d From 2019...... 802,790
    e From 2020......  
    f Total of lines 3a through e ........ 1,037,775
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 221,645
    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..... 40,052
    e Remaining amount distributed out of corpus 181,593
    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 1,219,368
    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) ...     		234,985
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		984,383
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 802,790
    d Excess from 2020....  
    e Excess from 2021.... 181,593
    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).)
    Michael Montgomery
    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
    CHRISTIAN CENTER OF PARK CITY
    PO BOX 683480
    PARK CITY,UT84068     		N/A PC General & Unrestricted 5,000
    COMMUNITY WIRELESS OF PARK CITY INC
    PO BOX 1372
    PARK CITY,UT84060     		N/A PC General & Unrestricted 1,000
    EL PORVENIR
    80 GARDEN CENTER STE 135
    BROOMFIELD,CO80020     		N/A PC For six water well projects in Nicaragua 57,000
    EL PORVENIR
    80 GARDEN CENTER STE 135
    BROOMFIELD,CO80020     		N/A PC General & Unrestricted 2,230
    FOOD FOR THE POOR INC
    6401 LYONS RD
    COCONUT CREEK,FL33073     		N/A PC General & Unrestricted 3,775
    HAITI OUTREACH
    8441 WAYZATA BLVD STE 118
    GOLDEN VALLEY,MN55426     		N/A PC General & Unrestricted 17,620
    HARGRAVE MILITARY ACADEMY
    200 MILITARY DR
    CHATHAM,VA24531     		N/A PC General & Unrestricted 20,000
    MARCO LUTHERAN CHURCH
    525 N COLLIER BLVD
    MARCO ISLAND,FL34145     		N/A PC 5 poinsettias and general fund 1,000
    MARCO LUTHERAN CHURCH
    525 N COLLIER BLVD
    MARCO ISLAND,FL34145     		N/A PC General & Unrestricted 50,000
    MILES FOR CYSTIC FIBROSIS INC
    2667 APPLE ORCHARD RD
    ATLANTA,GA30341     		N/A PC General & Unrestricted 5,000
    ONEWORLD HEALTH
    21 GAMECOCK AVE STE D
    CHARLESTON,SC29407     		N/A PC General & Unrestricted 35,000
    PARK CITY HISTORICAL SOCIETY INC
    PO BOX 555
    PARK CITY,UT84060     		N/A PC To raise awareness and money for local community radio station, KPCW 500
    PARK CITY PERFORMANCES
    PO BOX 3119
    PARK CITY,UT84060     		N/A PC General & Unrestricted 1,500
    RESCUE MISSION OF SALT LAKE INC
    463 S 400 W
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 1,000
    ST MATTHEWS HOUSE INC
    2601 AIRPORT RD S
    NAPLES,FL34112     		N/A PC General & Unrestricted 3,000
    Total .................................bullet 3a 203,625
    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 ...........     		    14 105  
    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 ............     		    18 200,980  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER LOSS     		    01 -4,274  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   212,917  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    212,917
    (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

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS CLASS A 2,306 1,936
    ABERCROMBIE & FITCH 722 697
    ACI WORLDWIDE INC 551 590
    ADIDAS AG 2,143 1,728
    ADOBE SYSTEMS, INC 2,978 4,536
    ADYEN N.V. 3,677 3,053
    AIA GROUP LTD ADR 2,217 1,855
    AIR PRODS & CHEM INC 4,679 5,172
    AIRBUS GROUP 1,221 1,117
    AKZO NOBEL NV-ADR 1,295 1,176
    ALCON INC 1,249 1,307
    ALEXANDRIA REAL ESTATE EQUITIE 625 669
    ALLEGHANY CP 680 668
    ALPHABET INC CL A 8,705 8,691
    ALTRA HLDGS INC 450 413
    ALTRIA GROUP INC 3,769 3,839
    AMADEUS IT HLDS SA 1,704 1,828
    AMAZON COM 10,119 10,003
    AMDOCS LIMITED 851 823
    AMERICAN EAGLES OUTFITTERS INC 513 430
    AMERICAN PUBLIC EDUCATION, INC 686 579
    AMERICAN WOODMARK CORP 350 326
    AMICUS THERAPEUTICS INC 800 843
    AMN HEALTHCARE SERVICES INC 228 245
    AMSOUTH BANCORPORATION 175 176
    ANGIODYNAMICS, INC 551 524
    APPLE HOSPITALITY REIT INC 501 533
    APPLE INC 2,998 9,234
    ARES MANAGEMENT CORPORATION 749 813
    ARGENX SE 3,372 3,502
    ARISTA NETWORKS 1,262 2,013
    ARROWHEAD PHARMACEUTICALS INC 1,305 1,260
    ASGN INC 452 494
    ASML HOLDING NV NY REG SHS 1,792 4,777
    ASSURANT INC 681 623
    ATLAS COPCO AB A SHS ADR 1,438 1,456
    ATLASSIAN CORP PLC 743 763
    ATRICURE, INC. 971 904
    AVIENT 607 671
    AZENTA INC 257 309
    BARON EMERGING MARKETS FUND 48,102 43,667
    BAUSCH HEALTH COS INC 1,468 1,408
    BAYER A G SPONSORED ADR 890 835
    BEIGENE LTD 647 542
    BERKSHIRE HATHAWAY INC. CLASS 3,546 5,681
    BERRY PLASTICS GROUP INC 1,160 1,254
    BIODELIVERY SCIENCES INTERNATI 551 450
    BLACKLINE INC 668 621
    BLACKROCK INC 7,548 7,324
    BLOCK INC 5,282 3,230
    BNP PARIBAS SPONS ADR 2,809 2,992
    BP PLC SPONSORED ADR 900 985
    BRAMBLES LTD UNSP AD 414 357
    BRANDYWINE RLTY TR 463 443
    BRANDYWINEGLOBAL HIGH YIELD FU 17,028 16,434
    BRITISH AMERICAN TOBACCO PLC 488 486
    BURBERRY GROUP PLC 887 835
    CANADIAN PACIFIC RAILWAY LTD 1,284 1,295
    CARMAX INC 1,272 1,302
    CELLNEX TELECOM ADR 706 578
    CENTRAL VALLEY COMMUNITY BANCO 564 540
    CF INDUSTRIES HOLDINGS, INC 358 566
    CHAMPIONX CORP 1,117 970
    CHECK POINT SOFTWARE TECHNOLOG 503 466
    CHEVRON CORP 2,982 3,403
    CHURCHILL DOWNS INC 427 482
    CIENA CORP 515 693
    CINCINNATI FINANCIAL CORP 3,080 3,304
    CISCO SYSTEMS INC 4,630 5,767
    CITIZENS FINANCIAL GROUP, INC 1,841 1,985
    CLP HOLDINGS LTD 715 715
    COGNEX CORPORATION 881 778
    COHERENT INC CAL 509 533
    COHU INC 590 648
    COLUMBUS MCKINNON CORPORATION 599 601
    COMCAST CORP 3,018 4,026
    COMFORT SYSTEMS USA INC 300 396
    COMMERCIAL METALS 677 762
    COMMMUNITY HEALTHCARE TRUST 396 378
    COMPASS GROUP PLC ADR 1,010 1,107
    CONTL AG SPONS ADR 201 179
    COTERRA ENERGY INC 415 456
    CREDIT SUISSE GROUP ADR 805 752
    CRH PLC - AMERICAN DEPOSITARY 1,166 1,162
    CROSS CTRY HEALTHCARE INC. 761 999
    CROWDSTRIKE HOLDINGS, INC 4,088 3,071
    CROWN CASTLE INTL 5,088 6,471
    CURTISS WRIGHT CP 505 555
    D R HORTON 290 325
    DAIKIN INDS LTD ADR 1,483 1,337
    DATADOG INC 1,910 2,494
    DECKERS OUTDOOR CORPORATION 1,677 1,465
    DEVON ENERGY CORPORATION 1,391 2,158
    DIAGEO PLC ADS 7,460 8,365
    DIAMONDBACK ENERGY INC 223 324
    DIAMONDROCK HOSP CO 559 596
    DICK'S SPORTING GDS 1,007 805
    DOLBY LABORATORIES 987 952
    DOMINION ENERGY INC 5,358 5,264
    DOUBLELINE TOTAL RETURN BOND 75,768 74,549
    DRIEHAUS EVENT DRIVEN FUND 19,437 17,585
    DYNATRACE 2,899 2,535
    EDP-ELECTRICIDADE DE PORTUGAL 1,020 986
    ELASTIC NV 967 739
    ELBIT SYSTEMS LTD 435 522
    EMCOR GROUP INC 1,685 1,783
    ENCOMPASS HEALTH CORPORATION 799 653
    ENI S.P.A 623 691
    ENTEGRIS INC MINNESOTA 1,432 1,663
    EPAM SYSTEMS INC 5,063 5,348
    ESSILOR INTL ADR 514 535
    ETSY INC 1,738 1,752
    EVEREST RE GROUP LTD 262 274
    EXELIXIS, INC. 1,518 1,408
    EXPERIAN GROUP LTD S/ADR 189 197
    F5 NETWORKS, INC 809 979
    FANUC LIMITED UNSPONSORED 986 937
    FASTENAL COMPANY 3,493 4,036
    FIRST CITIZENS BANCSHARES INC 1,782 1,660
    FIRST COMMUNITY BANCSHARES INC 219 234
    FIRST REPUBLIC BANK 397 413
    FOOT LOCKER INC N.Y. COM 689 524
    FORTINET INC 1,855 2,156
    FRANKLIN RES INC 1,837 1,909
    FUJITSU LTD ADR OTC 781 725
    GENCOR INDUSTRIES INC 567 565
    GIVAUDAN SA UNSP/ADR 802 839
    GLATFELTER 424 464
    GLENCORE XSTRATA PLC ADR 581 645
    GODADDY INC 897 1,018
    GRACO INC 705 726
    GRANITE CONSTRUC INC 520 503
    GROUPE DANONE ADS 600 508
    GUARDANT HEALTH INC 523 400
    HDFC BANK LTD ADR 1,498 1,236
    HELIX ENERGY SOLUTIONS GROUP I 349 293
    HELMERICH PAYNE 269 237
    HENRY JACK & ASSOC INC 533 501
    HITACHI LTD 1,577 1,517
    HOST HOTELS & RESORTS INC 490 522
    HOYA CORP SPONS ADR 1,317 1,197
    HUNTSMAN CORP 423 558
    HYATT HOTELS CORP 1,436 1,822
    ICF INTERNATIONAL, INC 946 1,026
    ICON PLC - AMERICAN DEPOSITARY 1,803 2,168
    ILLUMINA INC COM 3,258 2,663
    INARI MEDICAL INC 493 548
    INDUSTRIA DE DISENO 867 793
    ING GROUP N V SPONSORED ADR 351 348
    INNOVIVA INC 799 880
    INSPERITY INC 886 945
    INTEL CORP 4,591 3,914
    INTESA SANPAOLO SPA 701 641
    INTUITIVE SURGICAL 5,303 5,390
    INVESCO PLC 1,254 1,151
    IRHYTHM TECHNOLOGIES INC 617 1,412
    JACOBS ENGINEERING GP 808 835
    JAZZ PHARMACEUTICALS INC 1,059 1,019
    JOHNSON & JOHNSON 6,520 6,672
    JP MORGAN STRATEGIC INCOME OPP 19,547 19,513
    KAISER ALUMINUM CORPORATION 371 282
    KBC GROUP SA UNSP ADR 1,150 1,164
    KBR INC 748 905
    KDDI CP UNSP ADR 837 791
    KEYCORP 439 625
    KLA TENCOR CORP 337 430
    KONINKLIJKE PHILIPS ELECTRONIC 1,034 811
    KUBOTA CORPORATION 1,371 1,452
    KVH INDUSTRIES INC 351 312
    L B FOSTER COMPANY 489 399
    L'AIR LIQUIDE ADR OTC 653 628
    L'OREAL ADR 1,610 1,622
    L3HARRIS TECHNOLOGIES 568 640
    LA Z BOY INC 703 726
    LABORATORY CORP AMER HLDGS 610 628
    LEAR CORP 317 366
    LEGRAND INC 1,111 1,121
    LEIDOS HOLDINGS INC 685 622
    LEXINGTON REALTY TRUST 618 703
    LINCOLN NATIONAL CORP 406 410
    LINDE PLC COM 2,202 2,425
    LITHIA MOTORS INC CL A 686 594
    LONDON STK EXCHANGE GROUP 1,466 1,227
    LOWES COMPANIES INC 5,497 6,979
    LVMH MOET HENN UNSP 2,928 3,145
    MADISON SQUARE GARDEN CL A 364 347
    MADISON SQUARE GARDEN ENTERTAI 486 422
    MAGNOLIA OIL + GAS CORPORATION 279 340
    MASCO CORP 184 211
    MASTERCARD INC 4,568 5,390
    MASTERCRAFT BOAT HOLDINGS, INC 703 765
    MERCADOLIBRE, INC 3,794 2,697
    MERCK & CO INC 2,637 3,525
    MERIDIAN BIOSCIENCE INC 449 449
    META PLATFORMS INC 4,817 4,373
    MICROSOFT CORP 2,911 5,381
    MILLER INDUSTRIES INC 555 501
    MITSUBISHI UFJ FINANCIAL GROUP 983 966
    MKS INSTRUMENTS, INC 437 523
    MOHAWK INDS INC 1,186 1,093
    MOLINA HEALTHCARE 1,064 1,272
    MONGODB INC CL A 394 529
    MONOTARO CO., LTD 460 378
    NATIONAL RETAIL PROPERTIES INC 157 240
    NEOPHOTONICS CORPORATION 207 338
    NESTLE S.A 6,961 7,720
    NETEASE.COM INC COM STK 730 814
    NEUROCRINE BIOSCIENCES, INC 669 596
    NEW YORK TIMES CO CL A 1,082 1,014
    NEWMARK GROUP INC 456 636
    NICE SYSTEMS LTD 621 607
    NIDEC CORPORATION ADR 697 708
    NINTENDO CO LTD ADR UNSPON 3,487 3,327
    NOMAD FOODS LIMITED 350 330
    NORDSON CP 966 1,021
    NORFOLK SOUTHERN CORP 4,798 5,656
    NORTHWESTERN CORP 644 572
    NOVARTIS AG ADR 341 350
    NOVO NORDISK A S 2,820 3,136
    NOVOCURE LTD 820 450
    NVIDIA CORP 4,454 5,882
    OCADO GROUP PLC 350 272
    ORASURE TECHNOLOGIES INC 547 417
    OSHKOSH CORP 441 451
    OUTFRONT MEDIA INC 324 349
    OUTSET MED INC 402 415
    PAYCHEX 2,787 4,505
    PAYPAL HOLDINGS, INC 4,834 3,394
    PERRIGO CO PLC 491 467
    PFIZER INC 3,113 4,960
    PGT INC 276 292
    PHILIP MORRIS INTL 3,174 3,420
    PHYSICIANS REALTY TRUST 601 603
    PIEDMONT OFFICE REALTY TRUST I 361 368
    PING AN INSURANCE GROUP ADR 176 158
    PINNACLE WEST CAPITAL CORP 389 353
    PIPER JAFFRAY COS COM 433 536
    POWER INTEGRATIONS, INC 979 836
    PROGRESSIVE CORP OHIO 4,341 4,619
    PROSUS NV ADR 445 399
    PUBMATIC, INC 936 851
    PULTE GROUP INC 490 514
    QORVO INC 748 626
    RALPH LAUREN CORP 595 594
    RAYMOND JAMES FINANCIAL INC 653 703
    RECKITT BENCKISER GROUP 483 543
    RECRUIT HOLDINGS CO 1,403 1,449
    REGAL REXNORD CORP 1,334 1,532
    RENTOKIL INITIAL PLC SPON ADR 1,062 1,043
    RESTORATION HARDWARE 706 536
    RINGCENTRAL INC 3,352 2,436
    RITCHIE BROS AUCTIONEERS 318 306
    RIVIAN AUTOMOTIVE INC CL A 6,040 5,807
    ROCHE HOLDING LTD ADR 3,349 3,463
    RYANAIR HOLDINGS PLC-ADR COM 649 614
    S&P GLOBAL INC COM 2,728 3,775
    SABRA HEALTHCARE REIT INC 564 474
    SCHLUMBERGER LTD 914 958
    SCHNEIDER ELEC UNSP/ADR 1,744 1,882
    SCHNITZER STEEL INDUSTRIES, IN 334 363
    SCIENCE APPLICATIONS INTERNATI 758 752
    SEA LTD 2,690 1,790
    SELECTIVE INS GROUP INC 505 492
    SEMTECH CORPORATION 570 711
    SERVICE NOW 6,515 6,491
    SEVEN & I HOLDINGS C 382 373
    SHISEIDO CO LTD 876 726
    SHOCKWAVE MEDICAL ORD SHS 1,087 892
    SHOPIFY INC 6,131 5,510
    SIGNATURE BANK 260 323
    SILICON MOTION TECHNOLOGY CORP 678 855
    SKYWORKS SOLUTIONS, INC 548 465
    SMC CORPORATION 232 237
    SMITH A O CORP DEL COM 1,015 1,202
    SNOWFLAKE INC 3,053 3,388
    SOFTBANK CP UNSP ADR 516 433
    SPECTRUM BRANDS HOLDINGS INC 471 610
    SPLUNK INC 1,718 1,273
    SPRINGWORKS THERAPEUTICS INC 722 620
    STIFEL FINANCIAL CP 483 493
    STONERIDGE INC 235 197
    STRATEGIC EDUCATION ORD SHS 706 521
    STRIDE ORD SHS 309 300
    SUMMIT HOTEL PROPERTIES, INC 351 361
    SYMRISE AG UNSPONSORED 1,213 1,260
    SYNCHRONY FINANCIAL 1,438 1,577
    TAIWAN SEMICONDUCTOR MFG CO LT 2,781 2,767
    TAPESTRY INC 611 609
    TARGET CORPORATION 5,928 5,555
    TC ENERGY CORPORATION 620 605
    TE CONNECTIVITY LTD 1,356 1,452
    TECHTRONIC INDS SPD ADR 1,217 1,093
    TELEPERFORMANCE SA 1,119 1,113
    TELETECH HOLDINGS, INC 872 724
    TEMENOS GROUP AG 652 549
    TENCENT HOLDINGS LIMITED 453 408
    TETRA TECH INC 292 340
    TEXAS INSTRUMENTS INC 6,986 6,973
    THE MOSAIC CO 1,049 1,297
    THOMSON REUTERS CORPORATION 1,072 1,077
    TOKYO ELECTRON LTD 337 432
    TOPBUILD CORP 439 552
    TOWER SEMICONDCTOR LTD 498 675
    TRINSEO SA 416 420
    TWILIO INC 4,330 3,160
    UBS AG 1,375 1,465
    UNITED PARCEL SERVICE 5,293 5,787
    UNIVERSAL DISPLAY CORP 837 660
    URBAN OUTFITTERS, INC 306 264
    VEEVA SYSTEMS INC 4,338 3,321
    VERACYTE INC 563 453
    VERIZON COMMUNICATIONS 3,368 3,689
    VILLAGE SUPER MARKET INC 529 561
    VISHAY INTERTECH 415 416
    VISTEON CORP 424 445
    WASATCH INTERNATIONAL OPPORTUN 18,457 14,871
    WASHINGTON FED INC 629 634
    WHOLE EARTH BRANDS ORD SHS CLA 354 301
    WILLIAMS SONOMA INC 184 169
    WIX COM LTD 2,696 1,893
    WORLDLINE 774 476
    YUM CHINA HOLDINGS INC 874 698
    ZENDESK INC 745 626
    ZENTALIS PHARMACEUTICALS INC. 404 420
    ZIONS BANCORP 286 316
    ZOOMINFO TECHNOLOGIES ORD SHS 3,573 3,531
    ZURICH INS GROU ADR 1,283 1,276

    TY 2021 LegalFeesSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 808 713   95


    TY 2021 OtherAssetsSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    HELMET - RUSSIAN MIG   1 1
    RIG MODEL - ENSCO 104   1 1
    RIG MODEL - ENSCO 5003   1 1
    RIG MODEL - OFFSHORE MISCHIEF   1 1
    RIG MODEL - SEVAN LOUISIANA   1 1


    TY 2021 OtherExpensesSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 17,900     17,900
    Bank Charges 109 109    
    State or Local Filing Fees 25     25


    TY 2021 OtherIncomeSchedule2
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Utah Warbird Income Reversal -4,274 -4,274  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 12,434 12,434    


    TY 2021 TaxesSchedule
    Name:
    The HydroPhilanthropy Foundation
    EIN:
    46-1547931
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 700      
    Foreign Tax Paid 130 130