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
DAVID AND LURA LOVELL FOUNDATION
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)4765 E CAMP LOWELL DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85712
A Employer identification number

34-1733685
B Telephone number (see instructions)

(520) 325-3656
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$12,952,770J 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 Check bullet.............
3 Interest on savings and temporary cash investments 1,571 1,571  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
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 4,946    
12 Total. Add lines 1 through 11........ 6,517 1,571  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 163,962 16,396   155,764
14 Other employee salaries and wages...... 69,761 3,487   17,607
15 Pension plans, employee benefits....... 51,787 2,589   49,198
16a Legal fees (attach schedule)......... Click to see attachment 1,290     1,290
b Accounting fees (attach schedule)....... Click to see attachment 13,551 10,163   3,388
c Other professional fees (attach schedule).... Click to see attachment 264,937 127,352   137,585
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,195 720   5,475
19 Depreciation (attach schedule) and depletion... Click to see attachment 43,457    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,865 280   1,585
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 113,544 8,324   105,457
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 730,349 169,311   477,349
25 Contributions, gifts, grants paid....... 6,800,850 6,800,850
26 Total expenses and disbursements. Add lines 24 and 25 7,531,199 169,311   7,278,199
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,524,682
b Net investment income (if negative, enter -0-) 0
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......... 20,468,495 12,952,770 12,952,770
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) bullet250,000
Less: allowance for doubtful accounts bullet   250,000 Click to see attachment250,000  
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).......      
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 bullet387,346
Less: accumulated depreciation (attach schedule) bullet110,240 286,063 Click to see attachment277,106  
15 Other assets (describe bullet) Click to see attachment15,090 Click to see attachment15,090  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,019,648 13,494,966 12,952,770
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 21,019,648 13,494,966
29 Total net assets or fund balances (see instructions)..... 21,019,648 13,494,966
30 Total liabilities and net assets/fund balances (see instructions). 21,019,648 13,494,966
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
21,019,648
2
Enter amount from Part I, line 27a .....................
2
-7,524,682
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
13,494,966
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
13,494,966
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.)
1a
b
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
b
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
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  
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  
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  
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 6,898
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,898
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 6,898
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,898 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)
    bulletAZ
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.LOVELLFOUNDATION.ORG
    14
    The books are in care ofbulletJOHN AMOROSO Telephone no.bullet (520) 325-3656

    Located atbullet4765 E CAMP LOWELL DRIVETUCSONAZ ZIP+4bullet85712
    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)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    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
     
    No
    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
    ANN W LOVELL PRESIDENT
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    MARTY COHEN TRUSTEE
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    KENDRA MOUSHEY TRUSTEE
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    JOHN AMOROSO EXECUTIVE DI
    40.00     		163,962 0 0
    4765 E CAMP LOWELL
    TUCSON,AZ85712
    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
    ANN BORDEN OFFICE MANAG
    40.00     		51,227    
    C/O THE DAVID AND LURA LOVELL FNDN
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    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
    ROSSETTI CONSULTING GROUP CONSULTING 114,704
    4729 E SUNRISE DRIVE PMB 240
    TUCSON,AZ85718
    WILLIAM BLAIR LLC INV ADVISORY 82,670
    222 WEST ADAMS STREET
    CHICAGO,IL60606
    IMPACT PARTNERS FILM SERVICES LLC FILM 53,000
    55 WASHINGTON ST - STE 656
    BROOKLYN,NY11201
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    15,905,910
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,905,910
    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
    15,905,910
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    238,589
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    15,667,321
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    783,366
    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
    783,366
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    783,366
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    783,366
    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
    783,366
    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 7 783,366
    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...... 158,474
    b From 2017...... 1,828,130
    c From 2018...... 2,717,482
    d From 2019...... 3,319,943
    e From 2020...... 3,911,057
    f Total of lines 3a through e ........ 11,935,086
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,278,199
    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..... 783,366
    e Remaining amount distributed out of corpus 6,494,833
    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 18,429,919
    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) ...     		158,474
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		18,271,445
    10 Analysis of line 9:
    a Excess from 2017.... 1,828,130
    b Excess from 2018.... 2,717,482
    c Excess from 2019.... 3,319,943
    d Excess from 2020.... 3,911,057
    e Excess from 2021.... 6,494,833
    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).)
    NONE
    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.
    NONE
    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
    A PLACE TO TURN INC
    5743 CORSA AVE
    SUITE 207
    WESTLAKE VILLAGE,CA91362     		N/A PC MATCHING GRANT 1,000
    ACT ONE
    910 EAST OSBORN ROAD
    SUITE C
    PHOENIX,AZ85014     		N/A PC YOUTH EDUCATION 98,000
    AFTERIMAGE PUBLIC MEDIA
    39 MESA STREET
    SUITE 206
    SAN FRANCISCO,CA94129     		N/A PC MATCHING GRANT 75,000
    AMERICAN SOCIETY OF ACUPUNCTURISTS
    6651 N FAIRFIELD AVE
    CHICAGO,IL60645     		NA PC PLANNING PROJECT 110,500
    ARIZONA GRANTMAKERS FORUM
    2201 EAST CAMELBACK ROAD
    SUITE 405B
    PHOENIX,AZ85016     		N/A PC CAPACITY BUILDING 2,500
    ARIZONA HOSPITAL & HEALTHCARE ASSOC
    2800 NORTH CENTRAL AVENUE
    NO 1450
    PHOENIX,AZ85004     		N/A PC PUBLIC EDUCATION 35,000
    ARIZONA THEATRE COMPANY
    343 SOUTH SCOTT AVENUE
    TUCSON,AZ85701     		N/A PC YOUTH EDUCATION 15,000
    ARIZONA YOUTH PARTNERSHIPS
    7575 W TWIN PEAKS RD
    SUITE 165
    TUCSON,AZ85743     		N/A PC MENTAL HEALTH 438,186
    BANNER HEALTH FOUNDATION
    2901 N CENTRAL AVENUE
    SUITE 160
    PHOENIX,AZ85012     		N/A PC END OF LIFE CARE AND PLANNING 125,000
    BAY VIEW ASSOCIATION
    PO BOX 583
    PETOSKEY,MI49770     		N/A PC GENERAL OPERATIONS 2,000
    BLACK SWAMP CONSERVENCY
    PO BOX 332
    PERRYSBURG,OH43552     		N/A PC GENERAL OPERATIONS 2,000
    CARDINAL MOONEY HIGH SCHOOL
    2545 ERIE STREET
    YOUNGSTOWN,OH44507     		N/A PC MATCHING GRANT 700
    CATHOLIC COMMUNITY SERVICES
    140 W SPEEDWAY
    SUITE 230
    TUCSON,AZ85705     		N/A PC END OF LIFE CARE AND PLANNING 86,173
    CENTER FOR BIOLOGICAL DIVERSITY
    PO BOX 710
    TUCSON,AZ857020710     		N/A PC MATCHING GRANT 210
    CENTER FOR INDEPENDENT DOCUMENTARY
    1300 SOLDIERS FIELD ROAD
    SUITE 5
    BOSTON,MA02135     		N/A PC COMMUNITY EDUCATION 106,500
    CENTER FOR MIND-BODY MEDICINE
    5225 CONNECTICUT AVENUE
    NW SUITE 414
    WASHINGTON,DC20015     		N/A PC HEALTH CARE 200,075
    CHILDREN'S MUSEUM OF TUCSON
    200 S 6TH AVE
    TUCSON,AZ85701     		N/A PC IDEA CAPACITY BUILDING 15,000
    COMMUNITY FOUNDATION OF SOUTHERN AZ
    5049 E BROADWAY BLVD
    SUITE 201
    TUCSON,AZ85711     		N/A PC COVID-19 RESPONSE 15,000
    LIFT OUR VOICES
    1000 BROADWAY
    SUITE 480
    OAKLAND,CA94607     		N/A PC GENDER PARITY 300,000
    COOK FAMILY FOUNDATION
    120 W EXCHANGE
    ST 202
    OWOSSO,MI48867     		N/A PC MENTAL HEALTH 110,000
    DOCTORS WITHOUT BORDERS
    40 RECTOR ST
    16TH FLOOR
    NEW YORK,NY10006     		N/A PC HEALTH CARE 1,000
    DUNBAR COALITION
    PO BOX 86132
    TUCSON,AZ85754     		N/A PC HEALTH CARE 25,000
    EL RIO SANTA CRUZ NEIGHBORHOOD
    HEALTH CENTER
    839 WEST CONGRESS STREET
    TUCSON,AZ85745     		N/A PC HEALTH CARE 40,000
    ELLA CENTER INC
    53 WEST MARBLE CANYON RD
    ORO VALLEY,AZ85755     		N/A PC GENERAL OPERATIONS 550
    FRIENDS OF PIMA ANIMAL CARE CENTER
    4000 N SILVERBELL RD
    TUCSON,AZ85745     		N/A PC MATCHING GRANT 210
    GIRL SCOUTS OF THE USA
    420 FIFTH AVENUE
    NEW YORK,NY10018     		N/A PC ORGANIZATION CAPACITY BUILDING 491,368
    GREATER TOLEDO COMMUNITY FOUNDATION
    300 MADISON AVE
    SUITE 1300
    TOLEDO,OH43604     		N/A PC DONOR-ADV FUND FOR MENTAL HEALTH 450,000
    HAVASUPAI TRIBE
    PO BOX 10
    SUPAI,AZ86435     		N/A PC COVID-19 OPPORTUNITY GRANT - TRIBAL 10,000
    HEALTH CARE FOR ALL
    ONE FEDERAL STREET
    5TH FLOOR
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 4,000
    HEALTH CURRENT
    3877 N 7TH ST
    STE 150
    PHOENIX,AZ85014     		N/A PC END OF LIFE CARE AND PLANNING 350,000
    HOOFSNHORNS FARM SANCTUARY
    9740 W LARIAT DR
    TUCSON,AZ85743     		N/A PC MATCHING GRANT 210
    INTERFAITH COMMUNITY SERVICE
    2820 WEST INA ROAD
    TUCSON,AZ85741     		N/A PC COMMUNITY EDUC & CAPACITY BUILDING 152,983
    INTERNATIONAL DOCUMENTARY
    ASSOCIATION - UPPER EAST FILMS
    49 EAST 78 STREET
    SUITE 2A
    NEW YORK,NY10075     		N/A PC EDUCATION 50,000
    JEWISH FAMILY SERVICES OF METROWEST
    475 FRANKLIN STREET
    SUITE 101
    FRAMINGHAM,MA01702     		N/A PC MATCHING GRANT 1,000
    MASS ASSOC FOR MENTAL HEALTH
    50 FEDERAL STREET
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 1,000
    METROWEST LEGAL SERVICE
    63 FOUNTAIN STREET
    SUITE 304
    FRAMINGHAM,MA01702     		N/A PC GENERAL OPERATIONS 1,000
    NAVAJO NATION DEPARTMENT OF JUSTICE
    PO BOX 520
    WINDOW ROCK,AZ86515     		N/A PC COVID-19 OPPORTUNITY GRANT-TRIBAL 10,000
    NEEDHAM COMMUNITY COUNCIL
    570 HILLSIDE AVE
    NEEDHAM HEIGHTS,MA02494     		N/A PC MATCHING GRANT 1,000
    OREGON COLLAB FOR INTEGRATED HEALTH
    PO BOX 2216
    LAKE OSWEGO,OR97035     		N/A PC HEALTH CARE 784,690
    PAIN COMMUNITY
    6325 WEST 101ST TERRACE
    OVERLAND PARK,KS66212     		N/A PC HEALTH CARE 179,630
    PIMA COUNCIL ON AGING
    8467 E BROADWAY BLVD
    TUCSON,AZ85710     		N/A PC END OF LIFE CARE AND PLANNING 165,384
    SAFE PASSAGE PROJECT
    185 WEST BROADWAY
    NEW YORK,NY10013     		N/A PC MATCHING GRANT 6,000
    SATORI SCHOOL
    3801 N 1ST AVE
    TUCSON,AZ85719     		N/A PC MATCHING GRANT 2,000
    SOUND MUSIC LIVE
    451 WARBURTON AVE 3
    HASTINGS ON HUDSON,NY10706     		N/A PC MENTAL HEALTH 50,000
    SOUTHERN ARIZONA AIDS FOUNDATION
    375 SOUTH EUCLID AVENUE
    TUCSON,AZ85719     		N/A PC ORGANIZATION CAPACITY BUILDING 50,000
    SOUTHWEST FOLKLIFE ALLIANCE
    PO BOX 42044
    TUCSON,AZ85733     		N/A PC COMMUNITY EDUCATION 50,000
    SOUTHWEST WILDLIFE CONSERVATION CEN
    27026 N 156TH ST
    SCOTTSDALE,AZ85262     		N/A PC MATCHING GRANT 4,000
    ST ANDREW'S PRESBYTERIAN CHRUCH
    7650 N PASEO DEL NORTE
    TUCSON,AZ85704     		N/A PC MATCHING GRANT 1,000
    SUNDANCE INSTITUTE
    5900 WILSHIRE BOULEVARD
    SUITE 800
    LOS ANGELES,CA90036     		N/A PC EDUCATION 150,000
    SUNNYSIDE FOUNDATION
    2054 GRINTER RD
    TUCSON,AZ85706     		N/A PC EDUCATION 15,000
    TAPAZ - RENTAL ASSISTANCE COLLAB
    2929 NORTH CENTRAL AVENUE
    SUITE 1550
    PHOENIX,AZ85012     		N/A PC OPPORTUNITY GRANT 10,000
    THE 19TH NEWS
    3571 FAR WEST BLVD
    3497
    AUSTIN,TX78731     		N/A PC MENTAL HEALTH 100,000
    TOLEDO JAZZ ORCHESTRA
    PO BOX 353123
    TOLEDO,OH43635     		N/A PC GENERAL OPERATIONS 1,000
    TOLEDO MUSEUM OF ART
    2445 MONROE STREET
    TOLEDO,OH43620     		N/A PC EDUCATION 1,000
    TUCSON JEWISH COMMUNITY CENTER
    3800 E RIVER RD
    TUCSON,AZ85718     		N/A PC IDEA CAPACITY BUILDING 15,000
    TUCSON MEDICAL CENTER FOUNDATION
    5301 E GRANT RD
    TUCSON,AZ85712     		N/A PC END OF LIFE CARE AND PLANNING 159,000
    TUCSON REFUGEE MINISTRY
    4520 NORTH AVENIDA DE PAZ
    TUCSON,AZ85718     		N/A PC GENERAL OPERATIONS 217
    TUCSON SYMPHONY ORCHESTRA
    2175 NORTH 6TH AVENUE
    TUCSON,AZ85705     		N/A PC YOUTH EDUCATION 5,050
    U OF AZ - COLLEGE OF EDUCATION
    U OF AZ FOUNDATION
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ857210109     		N/A PC HEALTH CARE 209,481
    U OF AZ - LEAD GUITAR
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC YOUTH EDUCATION 200,000
    UNITARIAN UNIVERSALIST CHURCH
    4831 E 22ND STREET
    TUCSON,AZ85711     		N/A PC MATCHING GRANT 210
    UNITED WAY OF GREATER TOLEDO
    424 JACKSON STREET
    TOLEDO,OH43604     		N/A PC GENERAL OPERATIONS 2,000
    UNITED WAY OF TUCSON
    330 NORTH COMMERCE
    PARK LOOP
    TUCSON,AZ85745     		N/A PC PLANNING & MULTI-ORG CAP BUILDING 345,671
    WOMEN'S FOUNDATION OF S AZ
    PO BOX 30
    TUCSON,AZ85719     		N/A PC YOUTH & PUBLIC EDUCATION 963,152
    WOODLAWN CEMETARY HISTORICAL ASSOC
    1502 WEST CENTRAL AVENUE
    TOLEDO,OH43606     		N/A PC GENERAL OPERATIONS 3,000
    WORLD VISION INC
    PO BOX 9716
    MS 216
    FEDERAL WAY,WA98063     		N/A PC GENERAL OPERATIONS 1,200
    Total .................................bullet 3a 6,800,850
    bApproved for future payment
    ACT ONE
    910 EAST OSBORN ROAD
    SUITE C
    PHOENIX,AZ85014     		N/A ACCRUED YOUTH EDUCATION 167,000
    AFTERIMAGE PUBLIC MEDIA
    39 MESA STREET
    SUITE 206
    SAN FRANCISCO,CA94129     		N/A ACCRUED MENTAL HEALTH 150,000
    AMERICAN PUBLIC MEDIA
    480 CEDAR STREET
    ST PAUL,MN55101     		N/A ACCRUED MENTAL HEALTH 187,500
    ARIZONA GRANTMAKERS FORUM
    2201 EAST CAMELBACK ROAD
    SUITE 405B
    PHOENIX,AZ85016     		N/A ACCRUED CAPACITY BUILDING 5,000
    BOYS TO MEN TUCSON
    5925 E BROADWAY BLVD
    SUITE 125
    TUCSON,AZ85711     		N/A ACCRUED MATCHING GRANT 694,721
    PAIN COMMUNITY
    6325 WEST 101ST TERRACE
    OVERLAND PARK,KS66212     		N/A ACCRUED HEALTH CARE 168,080
    SOUND MIND LIVE
    451 WARBURTON AVE 3
    HASTINGS ON HUDSON,NY10706     		N/A ACCRUED MENTAL HEALTH 40,000
    THE 19TH NEWS
    3571 FAR WEST BLVD
    3497
    AUSTIN,TX78731     		N/A ACCRUED MENTAL HEALTH 200,000
    U OF AZ - COLLEGE OF EDUCATION
    U OF AZ FOUNDATION
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A ACCRUED HEALTH CARE 334,000
    U OF AZ - LEAD GUITAR
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A ACCRUED YOUTH EDUCATION 800,000
    ACADEMIC CONSORTUIM FOR INTEGRATIVE
    PO BOX 2216
    LAKE OSWEGO,OR97035     		N/A ACCRUED HEALTH CARE 1,152,753
    HEALTH CURRENT
    3877 N 7TH ST
    STE 150
    PHOENIX,AZ85014     		N/A ACCRUED END OF CARE PLANNING 400,000
    LIFT OUR VOICES
    36 W 44TH ST
    SUITE 7074
    NEW YORK,NY10036     		N/A ACCRUED GENDER PARITY 300,000
    Total .................................bullet 3b 4,599,054
    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 1,571  
    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 ............     		         
    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) ..   1,571 4,946
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,517
    (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.)
    1A PROGRAM RELATED INVESTMENTS HAVE BEEN MADE WITH GROWTH PARTNERS OF ARIZONA IN THE COMBINED AMOUNT OF 250,000. DURING 2021, INTEREST INCOME OF 4,816 WAS EARNED ON THESE INVESTMENTS.
    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:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,551 10,163   3,388

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

    TY 2021 DepreciationSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    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
    2 DELL OPTIPLEX 990 COMPUTERS 2011-05-29 3,381 3,381 200DB 5.0000        
    3 TABLE DESKS PRESENTATION CABINET & SUPPLY 2011-05-29 1,450 1,450 200DB 7.0000        
    PRESENTATION CABINET & SUPPLIES 2011-08-31 1,339 1,339 200DB 7.0000        
    FURNITURE & FIXTURES 2011-12-31 9,261 9,261 200DB 7.0000        
    FURNITURE & FIXTURES 2011-12-31 1,051 1,051 200DB 7.0000        
    NEW COMPUTERS 2016-02-26 2,495 2,423 200DB 5.0000 72      
    FURNITRURE & FIXTURES 2017-09-20 10,868 9,343 200DB 7.0000 436      
    BUILDING - 4765 E. CAMP LOWELL 2017-07-12 294,018 26,022 S/L 39.0000 7,539      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-08-25 3,490 302 S/L 39.0000 89      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-09-30 8,795 743 S/L 39.0000 226      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-10-17 2,176 180 S/L 39.0000 55      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-11-06 659 53 S/L 39.0000 17      
    RENOVATIONS - 4765 E. CAMP LOWELL 2018-01-08 551 42 S/L 39.0000 15      
    COMPUTER EQUIPMENT 2018-07-16 4,385 4,385 200DB 5.0000        
    EQUIPMENT 2018-10-05 4,360 4,360 200DB 5.0000        
    EQUIPMENT` 2011-01-01 398 398 200DB 5.0000        
    NEW COMPUTER 2019-01-03 1,626 1,626 200DB 5.0000        
    COMPUTER 2020-03-05 2,543 424 S/L 5.0000 508      
    WEBSITE 2021-11-20 34,500     3.0000 34,500      

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS    

    TY 2021 LandEtcSchedule2
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    2 DELL OPTIPLEX 990 COMPUTERS 387,346 110,240 277,106  
    3 TABLE DESKS        
    PRESENTATION CABINET & SUPPLIES        
    FURNITURE & FIXTURES        
    FURNITURE & FIXTURES        
    COMPUTERS        
    FURNITURE & FIXTURES        
    BUILDING - 4765 E. CAMP LOWEL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    COMPUTER EQUIIPMENT        
    EQUIPMENT        
    EQUIPMENT        
    COMPUTER        
    COMPUTER        


    TY 2021 LegalFeesSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,290     1,290


    TY 2021 OtherAssetsSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART WORK 15,090 15,090  


    TY 2021 OtherExpensesSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MEDICAL INSURANCE 24,604 1,230   23,374
    TEMPORARY LABOR 1,200 60   1,140
    SUBSCRIPTIONS 23,746 1,187   22,559
    CONVENINGS 16,592 2,489   14,103
    PAYROLL PROCESSING 10,386 520   9,866
    LICENSE & FEES 11,200 560   10,640
    OFFICE EXPENSES 6,680 334   6,346
    INTERNET SERVICES 4,775 239   4,536
    COPIER LEASE 3,209 160   3,049
    UTILITIES 2,567 129   2,438
    SWAN CENTER ASSOCIATION ASSES 2,807 140   2,667
    INSURANCE 2,416 237   2,416
    MISCELLANEOUS 807 40   767
    WORKER'S COMPENSATION INSURAN 838 42   796
    SECURITY 500 25   475
    WEB SITE PUBLICATION 300 15   285
    BANK FEES 917 917    


    TY 2021 OtherIncomeSchedule2
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROG-RELATED INVESTMENT INC 4,813    
    PROGRAM RELATED INTEREST INC 133    


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    TY 2021 OtherNotesLoansRcvblLongSch
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    GROWTH PARTNERS ARIZONA   50,000 50,000 2019-06 2022-06 SEMI-ANNUAL INTEREST PYMTS 2.00 % UNSECURED      
    GROWTH PARTNERS ARIZONA   200,000 200,000 2020-01 2022-01 SEMI-ANNUAL INTEREST PYMTS 2.00 % UNSECURED      

    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANT FEES 177,845 44,461   133,384
    INVESTMENT FEES 82,670 82,670    
    COMPUTER CONSULTANT 4,422 221   4,201


    TY 2021 TaxesSchedule
    Name:
    DAVID AND LURA LOVELL FOUNDATION
     
    FOUNDATION
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAX 432 432    
    PROPERTY TAXES 5,763 288   5,475