Form990-PF
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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
ADRIAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)735 STATE STREET SUITE 511
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA, CA93101
A Employer identification number

33-0783199
B Telephone number (see instructions)

(805) 898-1969
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$5,604,306J 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 30,835 30,835  
4 Dividends and interest from securities... 80,519 80,520  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,432
b Gross sales price for all assets on line 6a 362,975
7 Capital gain net income (from Part IV, line 2)... 2,432
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 113,786 113,787  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 7,750 0   7,750
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,000 150   850
b Accounting fees (attach schedule)....... Click to see attachment 25,336 2,000   23,336
c Other professional fees (attach schedule).... Click to see attachment 53,310 53,310   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,486 4,801   685
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 4,200 0   4,200
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,997 0   8,997
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 106,079 60,261   45,818
25 Contributions, gifts, grants paid....... 397,000 397,000
26 Total expenses and disbursements. Add lines 24 and 25 503,079 60,261   442,818
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -389,293
b Net investment income (if negative, enter -0-) 53,526
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......... 255,465 265,965 265,965
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)..... 40,000    
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,185,552 Click to see attachment795,337 795,337
b Investments—corporate stock (attach schedule)....... 3,150,563 Click to see attachment3,746,025 3,746,025
c Investments—corporate bonds (attach schedule)....... 444,382 Click to see attachment423,718 423,718
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 352,289 Click to see attachment373,261 373,261
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,428,251 5,604,306 5,604,306
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........... 5,428,251 5,604,306
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    
29 Total net assets or fund balances (see instructions)..... 5,428,251 5,604,306
30 Total liabilities and net assets/fund balances (see instructions). 5,428,251 5,604,306
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
5,428,251
2
Enter amount from Part I, line 27a .....................
2
-389,293
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
565,348
4
Add lines 1, 2, and 3 ..........................
4
5,604,306
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,604,306
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 STOCK - ST P 2020-12-31 2021-12-31
b PUBLICLY TRADED STOCK - LT P 2020-12-31 2021-12-31
c CAPITAL GAINS DIVIDENDS P    
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 146,097   145,095 1,002
b 216,328   215,448 880
c 550     550
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       1,002
b       880
c       550
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 2,432
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 744
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 744
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,697
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,697
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,953
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,953 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 addressbulletN/A
    14
    The books are in care ofbulletGINA ADRIAN-GIANNETTO Telephone no.bullet (805) 898-1969

    Located atbullet735 STATE STREET SUITE 511SANTA BARBARACA ZIP+4bullet93101
    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)
    Yes
     
    (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
    Yes
     
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    NANCY ADRIAN PRESIDENT
    5.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    GINA GIANNETTO SECRETARY/TREASURER
    10.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    SHIRLEY KOVAR BOARD MEMBER
    1.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,321,335
    b
    Average of monthly cash balances.......................
    1b
    210,047
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,531,382
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,531,382
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    82,971
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    5,448,411
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    272,421
    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
    272,421
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    744
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    744
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    271,677
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    271,677
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    271,677
    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 7 271,677
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 127
    b From 2017......  
    c From 2018...... 24,900
    d From 2019......  
    e From 2020...... 112,411
    f Total of lines 3a through e ........ 137,438
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 442,818
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 271,677
    e Remaining amount distributed out of corpus 171,141
    5 Excess distributions carryover applied to 2021. 0 0
    (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 5 308,579
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		127
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		308,452
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 24,900
    c Excess from 2019....  
    d Excess from 2020.... 112,411
    e Excess from 2021.... 171,141
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    DAUGHTERS FOR LIFE
    20 DE BOERS DR
    TORONTO    
    CA     		  NC WOMEN'S EDUCATION 10,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC COVID RELIEF 30,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE STREET
    MONTGOMERY,AL36104     		  PC SOCIAL JUSTICE/EQUITY 25,000
    FLORESTA INC RD
    56 CALLE RAFAEL RAMOS
    SANTO DOMINGO    
    DR     		  NC AGRICULTURE EDUCATION/RURAL FARMING COMMUNITIES 27,000
    ISLAMIC RELIEF USA
    3655 WHEELER AVENUE
    ALEXANDRIA,VA22304     		  PC GLOBAL DISASTER RELIEF 50,000
    PARTNERS IN HEALTH
    800 BOYLSTON STREET SUITE 300
    BOSTON,MA02199     		  PC GLOBAL HEALTH/COVID RESPONSE 50,000
    PATH SANTA BARBARA
    340 N MADISON AVE
    LOS ANGELES,CA90004     		  PC HOMELESS ASSISTANCE AND REHABILITATION 15,000
    PEOPLE ADVANCING REINTEGRATION
    342 E WALNUT LANE
    PHILADELPHIA,PA19144     		  PC SOCIAL JUSTICE/EQUITY EMPLOYMENT PROCUREMENT ASSISTANCE, JOB TRAINING 15,000
    SEVEN SISTERS INTERNATIONAL
    PO BOX 3069
    BRECKERNRIDGE,CO80424     		  PC WOMEN'S EDUCATION 60,000
    WORLDWIDE FISTULA FUND
    1100 EAST WOODFIELD RD SUITE 350
    SCHAUMBURG,IL60173     		  PC WOMEN'S REPRODUCTIVE HEALTH 85,000
    YELLOWHAMMER FUND
    PO BOX 1565
    TUSCALOOSA,AL35403     		  PC WOMEN'S REPRODUCTIVE RIGHTS/HEALTH 30,000
    Total .................................bullet 3a 397,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 30,835  
    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 2,432  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 113,786 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    113,786
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,336 2,000   23,336

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    THE DAUGHTERS FOR LIFE FOUNDATION
          		20 DE BOERS DR
    TORONTO,ONTARIOM3J 0H1
    CA     		2021-02-22 10,000 WOMEN'S EDUCATION 10,000   12/31/21 2021-12-31  
    FLORESTA INC RD
          		56 CALLE RAFAEL RAMOS
    SANTO DOMINGO    
    DR     		2021-12-31 27,000 REGENERATIVE AGRICULTURE/RURAL FARMING COMMUNITIES 27,000   12/31/21 2021-12-31  

    TY 2021 GeneralExplanationAttachment
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Identifier Return Reference Explanation
      PART VI-B, LINE 1A(2) AND 1B ON 12/7/20 A TRANSFER IN ERROR OF $40,000 WAS MADE FROM THE ADRIAN FAMILY FOUNDATION EIN 33-0783199 TO A PERSONAL FUND HELD BY AN OFFICER OF THE ADRIAN FAMILY FOUNDATION. THIS CREATED A LOAN RECEIVABLE FROM THE OFFICER. WHEN THE ERROR WAS DISCOVERED, CORRECTION WAS SWIFTLY MADE ON 2/19/21 INCLUDING ACCRUED INTEREST OF $17. PROCEDURES HAVE BEEN PUT IN PLACE TO INSURE THIS DOES NOT HAPPEN IN THE FUTURE. THE ORGANIZATION AND DISQUALIFIED PERSON FILED THE FORM 4720 TO REPORT SELF-DEALING FOR BOTH 2020 AND 2021 IN OCTOBER 2021.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA 3.95%25 42,781 42,781
    APPLE INC. 1.125%25 79,763 79,763
    ORACLE CORP 2.95%25 41,465 41,465
    VISA INC. 3.15%25 47,998 47,998
    WELLS FARGO & CO 4.1%26 86,843 86,843
    CITIGROUP INC 3.2%26 42,366 42,366
    QUALCOMM INC 3.25%27 43,119 43,119
    BIOGEN INC. 2.25%30 39,383 39,383

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A A O N INC 1,824 1,824
    A A R CORP 507 507
    AAC TECH HLDGS INC F 1,599 1,599
    ABB LTD F 24,085 24,085
    ABBVIE INC 33,985 33,985
    ACTIVISION BLIZZARD 4,258 4,258
    ADOBE INC 26,085 26,085
    AGILENT TECHNOLOGIES 10,856 10,856
    AIR LEASE CORP 2,742 2,742
    AIRBUS GROUP F 16,721 16,721
    AKAMAI TECHNOLOGIES INC 4,682 4,682
    AKZO NOBEL N V IAM COM F 16,606 16,606
    ALARM COM HLDGS INC SH 2,205 2,205
    ALBEMARLE CORP 6,779 6,779
    ALIBABA GROUP HOLDING F 5,583 5,583
    ALLEGIANT TRAVEL CO 1,683 1,683
    ALPHABET INC. 75,233 75,233
    AMADEUS IT GROUP S A F 12,731 12,731
    AMAZON.COM INC 46,681 46,681
    AMERICA MOVIL SAB F 6,819 6,819
    AMERICAN INTL GROUP 42,304 42,304
    AMERIPRISE FINL 31,976 31,976
    AMERISOURCEBERGEN CORP 3,588 3,588
    AMERN EQTY INVT LIFE 1,518 1,518
    AMGEN INC. 29,246 29,246
    ANGLO AMERICAN PLC F 4,425 4,425
    ANHUI CONCH CEMENT F 3,131 3,131
    ANSYS INC 8,424 8,424
    APPLIED MATERIALS 12,746 12,746
    ARCELOR MITTAL NY F 7,257 7,257
    ARROW ELECTRONICS 5,774 5,774
    ASM PACIFIC TECH F 3,738 3,738
    ASTRAZENECA PLC F 11,592 11,592
    ATLAS CORP F 18,930 18,930
    AUTODESK INC 53,426 53,426
    AVISTA CORP 935 935
    AXA SA F 20,958 20,958
    AXOS FINL INC 1,286 1,286
    AZENTA INC 619 619
    BAIDU INC F 11,159 11,159
    BALCHEM CORP 2,529 2,529
    BANCO BILBAO VIZCAYA A F 20,639 20,639
    BANCO DO BRASIL S A F 3,198 3,198
    BARCLAYS PLC F 18,806 18,806
    BARNES GROUP INC 745 745
    BASF SE F 19,844 19,844
    BAYER AG F 7,213 7,213
    BB SEGURIDADE PARTICIP F 1,940 1,940
    BIDVEST GRP LTD F 3,116 3,116
    BIO-RAD LABS INC 10,578 10,578
    BIO-TECHNE CORP 4,656 4,656
    BLACK HILLS CORP 1,129 1,129
    BLACK KNIGHT INC 4,559 4,559
    BLACKBAUD INC 948 948
    BLACKLINE INC 1,967 1,967
    BNP PARIBAS MEDIUM TER F 20,109 20,109
    BOTTOMLINE TECH 1,355 1,355
    BP PLC F 10,146 10,146
    BRIGHT HORIZON FAM 1,762 1,762
    BRIT AMER TOBACCO F 16,273 16,273
    BROWN FORMAN CORP 19,162 19,162
    C V B FINL CORP 1,006 1,006
    CACTUS INC 1,487 1,487
    CAIXABANK F 14,215 14,215
    CARDINAL HEALTH INC 17,095 17,095
    CARREFOUR SA F 10,157 10,157
    CBRE GROUP INC 9,549 9,549
    CERENCE INC 843 843
    CHAMPIONX CORP 1,354 1,354
    CHEESECAKE FACTORY 1,175 1,175
    CHEVRON CORP 21,710 21,710
    CHINA CONSTR BANK F 3,160 3,160
    CHINA MERCHANTS BK F 4,954 4,954
    CHINA SHENHUA ENRGY F 3,144 3,144
    CHUBB LTD F 27,063 27,063
    CINTAS CORP 46,090 46,090
    CISCO SYSTEMS INC 26,996 26,996
    CITIGROUP INC 15,158 15,158
    CMC MATLS INC 4,792 4,792
    CME GROUP INC 16,678 16,678
    CNOOC LIMITED F 1,820 1,820
    COLUMBIA BANKING SYS 1,440 1,440
    COMCAST CORP 24,561 24,561
    COMMERCIAL INTERNTNL B F 2,003 2,003
    COMMVAULT SYSTEMS 2,137 2,137
    COMPAGNIE FINANCIERE R F 29,003 29,003
    COMPASS GROUP F 9,689 9,689
    CONOCOPHILLIPS 45,979 45,979
    CONTINENTAL RESOURCE 5,550 5,550
    CORTEVA INC 27,091 27,091
    COSTCO WHOLESALE CO 22,140 22,140
      5,567 5,567
    CREDIT SUISSE GROUP AG F 1,138 1,138
    CSX CORP 5,189 5,189
    CUMMINS INC 21,160 21,160
    D R HORTON CO 15,400 15,400
    DANAHER CORP 34,875 34,875
    DANONE F 12,117 12,117
    DARDEN RESTAURANTS 11,449 11,449
    DENNYS CORP 1,504 1,504
    DENTSPLY SIRONA INC 3,794 3,794
    DESCARTES SYS GROUP F 2,565 2,565
    DEUTSCHE POST AG F 1,858 1,858
    DEXCOM INC 30,069 30,069
    DIODES INC 3,953 3,953
    DONALDSON CO 948 948
    DORMAN PRODUCTS INC 1,356 1,356
    DOVER CORP 5,085 5,085
    DYCOM INDUSTRIES INC 2,063 2,063
    EAGLE MATERIALS INC 1,998 1,998
    EAGLE PHARMACEUTICAL 1,018 1,018
    EASTMAN CHEMICAL CO 6,046 6,046
    EDWARDS LIFESCIENCES 31,999 31,999
    ELECTRONIC ARTS INC 25,984 25,984
    ENEL-SOCIETA PER AZION F 10,380 10,380
    ENGIE BRASIL ENERGIA S F 1,665 1,665
    ENN ENERGY HOLDINGS F 3,364 3,364
    ENPRO INDUSTRIES INC 2,422 2,422
    ENVESTNET INC 2,063 2,063
    EPLUS INC 1,509 1,509
    EQUINOR A S A F 33,070 33,070
    ESCO TECHNOLOGIES 1,530 1,530
    ESTEE LAUDER CO INC 32,207 32,207
    EVO PMTS INC 1,203 1,203
    EXLSERVICE HOLDINGS 2,606 2,606
    EXPONENT INC 3,385 3,385
    F N B CORP PA 1,371 1,371
    FAIR ISAAC INTL CORP 2,602 2,602
    FANUC LTD JAPAN F 12,242 12,242
    FERRO CORP 1,877 1,877
    FIRST AMER FINL 23,625 23,625
    FIRST FINL BANCORP 1,219 1,219
    FIRST INDUSTRIAL RLT 1,456 1,456
    FIRST MIDWEST BANCRP 1,454 1,454
    FORTIVE CORP DISC 21,743 21,743
    FOX FACTORY HOLDING 4,253 4,253
    FRESH DEL MONTE PROD F 1,187 1,187
    G III APPAREL GROUP 1,271 1,271
    GALP ENERGIA SGPS SA F 2,159 2,159
    GATX CORP 3,647 3,647
    GENERAL DYNAMICS CO 3,336 3,336
    GENPACT LIMITED F 19,693 19,693
    GENUINE PARTS CO 21,310 21,310
    GLATFELTER 1,548 1,548
    GLOBAL PAYMENTS INC 4,326 4,326
    GLOBUS MEDICAL INC 1,588 1,588
    GRUPO FINANCIERO BANOR F 9,611 9,611
    HARSCO CORP 1,203 1,203
    HEALTHEQUITY INC 841 841
    HENGAN INTL GROUP F 2,724 2,724
    HOULIHAN LOKEY INC 8,592 8,592
    HUB GROUP INC 1,769 1,769
    INDEPENDENT BK GROUP 1,659 1,659
    INFINEON TECH AG F 19,182 19,182
    INFOSYS LTD F 11,617 11,617
    ING GROEP ADR REP 1 OR F 31,584 31,584
    INGREDION INC 18,845 18,845
    INTERCONTINENTAL EXC 7,933 7,933
    INTERNTNL CONS AIRLS G F 4,161 4,161
    INTUIT INC 76,543 76,543
    INTUITIVE SURGICAL 67,908 67,908
    ITT INC 3,474 3,474
    I3 VERTICALS INC 729 729
    J & J SNACK FOOD COR 1,580 1,580
    JACK IN THE BOX INC 2,012 2,012
    JELD WEN HOLDING INC 586 586
    KASIKORNBANK PUB CO LT F 633 633
    KB FINL GROUP INC F 2,878 2,878
    KEMPER CORP 4,108 4,108
    KEYCORP INC 941 941
    KEYSIGHT TECH INC 4,973 4,973
    KIMBERLY CLARK DE MX F 9,912 9,912
    KINDER MORGAN INC 1,648 1,648
    KINSALE CAPITAL GROUP IN 14,750 14,750
    KNOLL INC 3,568 3,568
    KONINKLIJKE PHILIPS N F 8,070 8,070
    KONTOOR BRANDS INC 23,575 23,575
    KORN FERRY 2,196 2,196
    L H C GROUP 1,372 1,372
    LAB CO OF AMER HLDG 7,227 7,227
    LEAR CORP 17,563 17,563
    LEMAITRE VASCULAR 1,055 1,055
    LIFE HEALTHCARE GROUP F 2,439 2,439
    LULULEMON ATHLETICA 17,224 17,224
    L3HARRIS TECHNOLOGIES IN 18,552 18,552
    MARTEN TRANSPORT LTD 1,321 1,321
    MARVELL TECHNOLOGY INC 1,750 1,750
    MASCO CORP 6,039 6,039
    MASIMO CORP 2,928 2,928
    MASTERCARD INC 46,352 46,352
    MATCH GROUP INC NEW 29,889 29,889
    MC GRATH RENTCORP 1,525 1,525
    MEDTRONIC PLC F 17,173 17,173
    MERCK & CO. INC. 23,758 23,758
    METLIFE INC 28,620 28,620
    MICROSOFT CORP 74,327 74,327
    MILLERKNOLL INC 627 627
    MINERALS TECH INC 1,756 1,756
    MOBILE TELESYSTEMS PJS F 2,011 2,011
    MOLSON COORS BEVERAGE CL 16,223 16,223
    MONDELEZ INTL 13,262 13,262
    MONDI PLC F 2,327 2,327
    MONOLITHIC POWER SYS 3,453 3,453
    MOOG INC 1,457 1,457
    MORGAN STANLEY 21,988 21,988
    MUELLER INDS INC 1,958 1,958
    MURATA MFG CO LTD F 16,100 16,100
    NEDBANK GROUP LTD F 2,998 2,998
    NEOGEN CORP 1,726 1,726
    NETAPP INC 34,956 34,956
    NORTHERN TRUST CORP 13,396 13,396
    NORTHWESTERN CORP 1,715 1,715
    NOVANTA INC F 2,292 2,292
    NOVARTIS AG F 20,643 20,643
    NUTRIEN LTD F 39,330 39,330
    NXP SEMICONDUCTORS F 28,017 28,017
    O G E ENERGY CP HLDG 18,384 18,384
    OIL CO LUKOIL PJSC F 4,953 4,953
    OLLIES BARGAIN OUTLET HO 870 870
    OMNICELL INC 3,609 3,609
    ORGANON & CO 944 944
    ORION OFFICE REIT INC 504 504
    OXFORD INDS INC F 812 812
    PACIFIC PREMIER BANC 2,922 2,922
    PACKAGING CORP OF AM 5,310 5,310
    PALOMAR HLDGS INC 518 518
    PARKER-HANNIFIN CORP 12,089 12,089
    PARSONS CORP 1,346 1,346
    PATTERSON COMPANIES 1,673 1,673
    PAYPAL HOLDINGS INCORPOR 33,756 33,756
    PDC ENERGY INC 1,171 1,171
    PEPSICO INC 19,977 19,977
    PERFICIENT INC 1,551 1,551
    PERNOD RICARD S A F 9,163 9,163
    PETIQ INC 704 704
    PHIBRO ANIMAL HEALTH 653 653
    PHILLIPS 66 23,694 23,694
    PING AN INSURNCE GP F 1,850 1,850
    PLEXUS CORP 2,014 2,014
    PNM RES INC 1,277 1,277
    PRA GROUP INC 2,511 2,511
    PROGRESS SOFTWARE CO 1,400 1,400
    PROGRESSIVE CO OHIO 5,748 5,748
    PROSPERITY BANCSHARE 18,653 18,653
    PROTO LABS INC 514 514
    PRUDENTIAL PLC F 9,847 9,847
    PT ASTRA INTL TBK F 2,232 2,232
    PT BK MANDIRI PRSRO F 5,086 5,086
    Q2 HOLDINGS INC 1,192 1,192
    R B C BEARINGS INC 2,222 2,222
    RADIAN GROUP INC 11,305 11,305
    RAYMOND JAMES FINL 6,124 6,124
    RAYTHEON TECHNOLOGIES CO 20,827 20,827
    REINSURANCE GP AMER 2,956 2,956
    RENAISSANCERE HLDGS F 2,709 2,709
    RENASANT CORP 1,328 1,328
    REPUBLIC SERVICES 12,411 12,411
    RETAIL VALUE INC 2 2
    RIO TINTO PLC F 15,062 15,062
    ROCHE HLDG AG F 19,435 19,435
    ROGERS CORP 1,911 1,911
    ROLLS-ROYCE HOLDINGS P F 20,255 20,255
    ROPER TECHNOLOGIES 40,824 40,824
    RUSH ENTERPRISES 2,726 2,726
    RWE AG ORD F 11,187 11,187
    RYANAIR HLDGS PLC F 11,768 11,768
    S B A COMMUNICATIONS 36,957 36,957
    SAIA INC 5,055 5,055
    SANDERSON FARMS INC 2,102 2,102
    SANDS CHINA LTD F 4,080 4,080
    SANDY SPRING BANCORP 1,875 1,875
    SANLAM LTD F 1,457 1,457
    SANOFI S A F 18,236 18,236
    SAP SE F 12,610 12,610
    SBERBANK RUSSIA F 4,540 4,540
    SCOTTS MIRACLE GRO CO 5,796 5,796
    SEALED AIR CORP 6,342 6,342
    SELECTIVE INS GROUP 2,540 2,540
    SENSATA TECH F 7,033 7,033
    SERVICE NOW INC 27,263 27,263
    SHERWIN WILLIAMS CO 54,937 54,937
    SHINHAN FINL GROUP CO F 3,462 3,462
    SHOPIFY INC F 39,944 39,944
    SHOPRITE HOLDINGS LTD F 1,404 1,404
    SIEMENS A G F 22,603 22,603
    SINOPHARM GROUP CO F 3,102 3,102
    SITEONE LANDSCAPE SUPPLY 2,665 2,665
    SKYWORKS SOLUTIONS 7,136 7,136
    SNAP ON INC 4,523 4,523
    SOUTH ST CORP 1,762 1,762
    SOUTHWEST GAS HOLDINGS I 1,331 1,331
    STAAR SURGICAL CO 2,465 2,465
    STANDARD BK GROUP F 1,984 1,984
    STERICYCLE INC 3,936 3,936
    STERIS PLC F 730 730
    STIFEL FINL CO 5,563 5,563
    SUMITOMO MITSUI FINL F 10,701 10,701
    SYNEOS HEALTH INC 5,134 5,134
    SYNOPSYS INC 12,529 12,529
    SYSCO CORP 3,928 3,928
    TABULA RASA HEALTHCARE I 360 360
    TACTILE SYSTEMS TECHNOLO 647 647
    TAIWAN SEMICONDUCTR F 7,700 7,700
    TAKEDA PHARMA CO F 15,893 15,893
    TARGET CORP 34,022 34,022
    TE CONNECTIVITY LTD F 28,719 28,719
    TELEKOMINIK INDONESIA F 4,493 4,493
    TERNIUM S A F 2,089 2,089
    TEXAS CAPITAL BANCSH 603 603
    TEXAS INSTRUMENTS 16,585 16,585
    TEXAS ROADHOUSE 1,696 1,696
    THERMO FISHER SCNTFC 62,053 62,053
    TJX COMPANIES INC 5,618 5,618
    TOTAL SE F 14,294 14,294
    TOWNEBANK PORTSMOUTH VA 1,580 1,580
    TREX CO INC 3,916 3,916
    TRI POINTE GROUP INC 1,952 1,952
    TRIMAS CORP 1,628 1,628
    TRUEBLUE INC 1,605 1,605
    TYLER TECHNOLOGIES 1,614 1,614
    U M B FINL CORP 2,122 2,122
    UMPQUA HOLDINGS CORP 1,481 1,481
    UNICREDIT SPA F 37,543 37,543
    UNIFIRST CORP 1,683 1,683
    UNILEVER PLC F 4,949 4,949
    UNION PACIFIC CORP 22,674 22,674
    UNITED BANKSHRS INC 834 834
    UNITED COMMUNITY BKS 2,049 2,049
    UNITED PARCEL SRVC 17,576 17,576
    VALEO F 4,926 4,926
    VERIZON COMMUNICATN 20,316 20,316
    VIATRIS INC 7,631 7,631
    VICI PROPERTIES INC 18,156 18,156
    VINCI S A F 11,787 11,787
    VOCERA COMMUNICATION 3,047 3,047
    VODACOM GROUP LIMITED F 1,552 1,552
    VOLKSWAGEN A G F 47,275 47,275
    VOLVO AB F 7,689 7,689
    W E C ENERGY GROUP INC 6,407 6,407
    WALMART INC 15,482 15,482
    WD-40 CO 979 979
    WEICHAI POWER CO LTD F 3,479 3,479
    WESTROCK CO 11,933 11,933
    WOLVERINE WORLD WIDE 951 951
    WOODWARD INC 5,911 5,911
    XILINX INC 15,266 15,266
    ZOETIS INC 60,763 60,763
    ZURICH INSURANCE GROUP F 16,192 16,192
    3M CO 9,592 9,592

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    US Government Securities - End of Year Book Value:

    795,337
    US Government Securities - End of Year Fair Market Value:

    795,337
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EATON VANCE GLBL MACR AB FMV 79,441 79,441
    GUGGENHEIM MACRO OPPORTU FMV 80,671 80,671
    HARTFORD FLOATING RATE I FMV 85,523 85,523
    TCW EMERGING MARKETS INC FMV 78,011 78,011
    AMERICOLD REALTY TRUST FMV 3,574 3,574
    BOSTON PROPERTIES FMV 2,995 2,995
    HLTHCARE REALTY TR FMV 1,455 1,455
    KITE REALTY GRP TR FMV 784 784
    PEBBLEBROOK HOTEL TR FMV 1,119 1,119
    PIEDMONT OFFICE REAL FMV 1,305 1,305
    PS BUSINESS PARKS FMV 2,210 2,210
    REALTY INCM CORP FMV 19,472 19,472
    STAG INDUSTRIAL INC FMV 2,206 2,206
    WEYERHAEUSER CO FMV 14,495 14,495

    TY 2021 LegalFeesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,000 150   850


    TY 2021 OtherExpensesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 3,478 0   3,478
    BANK FEES 2,114 0   2,114
    INSURANCE 3,205 0   3,205
    PAYROLL PROCESSING FEES 200 0   200


    TY 2021 OtherIncreasesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Description Amount
    UNREALIZED GAIN/LOSS 565,348


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISOR FEES 53,310 53,310   0


    TY 2021 TaxesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 50 0   50
    FOREIGN TAXES 4,801 4,801   0
    PAYROLL TAXES 635 0   635