Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

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 10-01-2021 , and ending 09-30-2022
Name of foundation
HERBERT I & ELSA B MICHAEL FOUNDATION
US BANK NATIONAL ASSOCIATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3168
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97208
A Employer identification number

87-6122556
B Telephone number (see instructions)

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$5,865,183J 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 1  
4 Dividends and interest from securities... 152,865 152,865  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 237,492
b Gross sales price for all assets on line 6a 2,735,402
7 Capital gain net income (from Part IV, line 2)... 237,492
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 212 212  
12 Total. Add lines 1 through 11........ 390,570 390,570  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 89,902 71,922   17,980
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,200 1,760   440
c Other professional fees (attach schedule).... Click to see attachment 3,306 2,645   661
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,119 9,695   2,424
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 1,507 1,205   302
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 109,034 87,227   21,807
25 Contributions, gifts, grants paid....... 551,200 551,200
26 Total expenses and disbursements. Add lines 24 and 25 660,234 87,227   573,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -269,664
b Net investment income (if negative, enter -0-) 303,343
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............. 22,400 11,986 11,986
2 Savings and temporary cash investments......... 333,340 54,523 54,523
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,833,495 Click to see attachment5,869,989 5,798,663
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).......... 1,332 Click to see attachment1,221 11
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,190,567 5,937,719 5,865,183
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........ 6,190,567 5,937,719
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)..... 6,190,567 5,937,719
30 Total liabilities and net assets/fund balances (see instructions). 6,190,567 5,937,719
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,190,567
2
Enter amount from Part I, line 27a .....................
2
-269,664
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
16,816
4
Add lines 1, 2, and 3 ..........................
4
5,937,719
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
5,937,719
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 AIRBNB INC P 2021-06-25 2022-03-09
b BAIRD AGGREGATE BOND FD INSTL P 2021-02-05 2022-01-19
c COUPA SOFTWARE INC P 2021-03-10 2022-03-09
d EXACT SCIENCES CORPORATION P 2021-09-13 2022-03-09
e RINGCENTRAL INC P 2021-09-13 2022-03-09
TELADOC INC P 2021-05-11 2022-03-09
WOODSIDE PETROLEUM LTD P 2022-06-01 2022-06-23
XP INC P 2021-10-08 2021-10-25
AIR LIQUIDE P 2018-02-05 2022-07-15
ALIBABA GROUP HOLDINGS LTD P 2020-05-28 2022-03-09
ALPHABET INC P 2015-07-21 2022-03-09
BAIRD AGGREGATE BOND FD INSTL P 2019-06-13 2022-03-09
BANK OF NEW YORK MELLON CORP P 1911-11-11 2021-10-01
CANADIAN NATL P 2017-01-04 2022-03-09
CENTENE CORP COM P 2020-08-12 2022-03-09
COPART INC P 2020-07-07 2022-03-09
COSTCO WHSL CORP NEW COMMON STOCK P 2015-07-21 2022-03-09
EQUIFAX INC P 1911-11-11 2022-04-28
FACEBOOK INC P 2015-07-21 2022-03-09
FEDERATED HERMES P 2014-05-07 2022-03-09
FEDERATED HERMES P 2014-04-11 2022-06-16
INFINEON TECHNOLOGIES P 2019-04-22 2022-03-09
INTUIT INC P 2020-04-03 2022-03-09
ISHARES CORE US TREASURY BOND P 2020-06-16 2022-01-19
ISHARES RUSSEL 3000 INDEX P 2013-12-04 2022-03-09
ISHARES MSCI EMERGING MKTS P 2019-12-12 2022-03-09
ITAU UNIBANCO HOLDINGS P 2017-01-04 2022-03-09
LONZA GROUP P 2018-05-30 2022-03-09
MATCH GROUP INC P 2020-02-07 2022-03-09
MICROSOFT CORP P 2015-07-21 2022-03-09
NESTLE SA P 2017-01-04 2022-03-09
NVIDIA CORP P 2021-03-02 2022-03-09
PAYPAL HOLDINGS INC P 2019-11-26 2022-03-09
PGIM P 2020-08-17 2022-03-09
RINGCENTRAL INC P 2018-12-07 2022-03-09
ROCHE HLDG LTD P 2017-01-04 2022-03-09
ROWE T PRICE MID-CAP GROWTH FD INC P 2014-08-18 2022-03-09
SHELL PLC P 2017-01-04 2022-03-09
SAP SE P 2017-01-04 2022-03-09
SCHWAB CHARLES CORP P 2015-07-21 2022-03-09
TAIWAN SEMICONDUCTOR MFG CO LTD P 2017-01-04 2022-03-09
TELADOC INC P 2020-08-12 2022-03-09
TRADE DESK INC P 2019-10-02 2022-03-09
VANGUARD EQUITY P 2019-12-12 2022-03-09
VANGUARD MIDCAP P 2019-06-28 2022-03-09
VANGUARD REAL ESTATE P 2019-06-28 2022-03-09
VIATRIS INC P 2016-09-02 2022-03-09
CAPITAL GAIN DIST - 20% P 2020-01-01 2022-09-30
(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 11,246   11,504 -258
b 2,507   2,622 -115
c 11,286   24,914 -13,628
d 11,428   16,796 -5,368
e 9,600   20,241 -10,641
6,214   13,797 -7,583
10   10  
10   12 -2
17   15 2
4,675   9,426 -4,751
26,367   9,906 16,461
882,442   902,798 -20,356
9     9
11,993   6,647 5,346
21,046   14,761 6,285
10,302   7,094 3,208
18,941   5,218 13,723
61     61
19,119   12,307 6,812
55,413   61,056 -5,643
125,905   149,737 -23,832
15,474   14,232 1,242
12,013   5,675 6,338
10,059   10,596 -537
37,507   16,445 21,062
194,553   141,411 53,142
3,902   5,755 -1,853
12,126   4,987 7,139
11,560   9,045 2,515
21,082   3,481 17,601
20,340   11,721 8,619
11,116   6,670 4,446
9,622   10,281 -659
316,078   345,165 -29,087
7,402   5,084 2,318
14,213   8,681 5,532
94,716   91,994 2,722
8,166   9,185 -1,019
7,289   5,617 1,672
11,008   4,863 6,145
29,884   8,414 21,470
9,982   28,130 -18,148
16,516   4,596 11,920
45,715   40,493 5,222
302,541   235,464 67,077
218,845   183,355 35,490
11,628   17,709 -6,081
53,474     53,474
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       -258
b       -115
c       -13,628
d       -5,368
e       -10,641
      -7,583
       
      -2
      2
      -4,751
      16,461
      -20,356
      9
      5,346
      6,285
      3,208
      13,723
      61
      6,812
      -5,643
      -23,832
      1,242
      6,338
      -537
      21,062
      53,142
      -1,853
      7,139
      2,515
      17,601
      8,619
      4,446
      -659
      -29,087
      2,318
      5,532
      2,722
      -1,019
      1,672
      6,145
      21,470
      -18,148
      11,920
      5,222
      67,077
      35,490
      -6,081
      53,474
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 2 237,492
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 -37,595
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 4,216
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 4,216
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,492
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 5,492
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 1,276
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,276 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)
    bullet
    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 ofbulletUS BANK NATIONAL ASSOCIATION Telephone no.bullet (503) 464-3578

    Located atbulletPO BOX 3168PORTLANDOR ZIP+4bullet97208
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    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
    US BANK NATIONAL ASSOCIATION Trustee
    0.00     		81,851    
    PO BOX 3168
    PORTLAND,OR97208
    JASON W HARDIN CO-TRUSTEE
    0.00     		581    
    215 S STATE ST STE 1200
    SALT LAKE CITY,UT84111
    SWENSON LAW FIRM LLC CO-TRUSTEE
    0.00     		0    
    160 MILL RD
    KAYSVILLE,UT84037
    KEITH ODENDAHL CHAR COMMITTEE
    0.00     		2,490    
    855 N HOMESTEAD BLVD
    PRICE,UT84501
    TAYLOR RANDALL CHAR COMMITTEE
    0.00     		2,490    
    203 PARK BLDG
    SALT LAKE CITY,UT84112
    MATTHEW DURRANT CHAR COMMITTEE
    0.00     		2,490    
    9617 MORYWOOD LN
    SOUTH JORDAN,UT84095
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    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
    7,001,770
    b
    Average of monthly cash balances.......................
    1b
    155,199
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,156,969
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    7,156,969
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    107,355
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    7,049,614
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    352,481
    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
    352,481
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,216
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,216
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    348,265
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    348,265
    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
    348,265
    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 7 348,265
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 73,536
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 573,007
    a Applied to 2020, but not more than line 2a 73,536
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 348,265
    e Remaining amount distributed out of corpus 151,206
    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 5 151,206
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		151,206
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 151,206
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ATTN SONGA CORBIN
    PO BOX 3058
    PORTLAND,OR97204
    (801) 534-6045
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN FORM, CLEARLY SETTING FORTH THE INTENDED PURPOSE.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOR BENEFITS OF RESIDENTS AND PERSONS LIVING IN THE STATE OF UTAH.
    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
    UNIV OF UTAH - COLLEGE OF SCIENCE
    1430 E PRESIDENTS CIR RM 220 JTB
    SALT LAKE CITY,UT84112     		NONE PUBLIC SCHOLARSHIPS FOR COLLEGE OF SCIENCE 5,000
    THE CHILDREN'S CENTER
    1855 EAST MEDICAL DRIVE
    SALT LAKE CITY,UT84112     		NONE PUBLIC THERAPEUTIC PRESCHOOL 10,000
    WESTMINSTER COLLEGE
    1840 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105     		NONE PUBLIC STUDENT LEADERS IN CIVIC ENGAGEMENT 10,200
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NONE PUBLIC EMERGENCY FOOD PANTRY, THRIFT STORE, AND FOOD CO OP 27,000
    RAPE RECOVERY CENTER
    2035 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105     		NONE PUBLIC PREVENTIVE COMMUNITY EDUCATION PROGRAM 5,000
    THE ROAD HOME
    210 SOUTH RIO GRANDE ST
    SALT LAKE CITY,UT84101     		NONE PUBLIC SELF-SUFFICIENCY PROGRAM 14,500
    UTAH DISPUTE RESOLUTION
    645 SOUTH 200 EAST
    SALT LAKE CITY,UT84111     		NONE PUBLIC COMMUNITY MEDIATION CENTER - FAMILY MEDIATION PROGRAM 2,000
    UTAH YOUTH VILLAGE
    5800 SOUTH HIGHLAND DRIVE
    SALT LAKE CITY,UT84121     		NONE PUBLIC FAMILIES FIRST PROGRAM 4,000
    CHILDREN'S SERVICE SOCIETY
    124 SOUTH 400 EAST 400
    SALT LAKE CITY,UT84111     		NONE PUBLIC GRANDFAMILIES RELATIVES AS PARENTS 5,000
    SCOTTISH RITE FOUNDATION OF UTAH
    1140 36TH STREET 160
    OGDEN,UT84403     		NONE PUBLIC SPEECH/LANGUAGE THERAPY FOR CHILDREN 10,000
    ALLIANCE HOUSE
    1724 S MAIN STREET
    SALT LAKE CITY,UT84115     		NONE PUBLIC FUNDING TO ALLOW THOSE WITH SERIOUS MENTAL ILLNESS, WHO HAVE NO MEDICADE INSURANCE, TO BECOME MEMBERS OF ALLIANCE HOUSE 5,000
    UNIV OF UTAH - KUED
    101 S WASATCH DR
    SALT LAKE CITY,UT84112     		NONE PUBLIC PUBLIC TELEVISION BROADCASTING 5,000
    NEIGHBORHOOD HOUSE
    1050 WEST 500 SOUTH
    SALT LAKE CITY,UT84104     		NONE PUBLIC DAY CARE TUITION ASSISTANCE FOR LOW-INCOME CHILDREN 14,000
    GUADALUPE SCHOOLS
    340 S GOSHEN STREET
    SALT LAKE CITY,UT84104     		NONE PUBLIC IN HOME PROGRAM 5,000
    PLANNED PARENTHOOD OF UTAH
    654 SOUTH 900 WEST
    SALT LAKE CITY,UT84102     		NONE PUBLIC EDUCATION PROGRAMS FOR YOUTH & FAMILIES 10,000
    BIG BROTHERSBIG SISTERS
    151 E 5600 S SUITE 200
    MURRAY,UT84107     		NONE PUBLIC COMMUNITY BASED MENTORING PROGRAM 4,000
    COMMUNITY NURSING SERVICES
    6949 HIGH TECH DRIVE
    SALT LAKE CITY,UT84047     		NONE PUBLIC UNINSURED/UNDERINSURED PATIENT PROGRAM 5,000
    ASSISTANCE LEAGUE OF SLC
    PO BOX 9353
    SALT LAKE CITY,UT84109     		NONE PUBLIC FOR OPERATION SCHOOL BELL PROGRAM 5,000
    RONALD MCDONALD HOUSE
    1135 E SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NONE PUBLIC SHARE-A-NIGHT PROGRAM 6,000
    THE SHARING PLACE
    1695 EAST 3300 SOUTH
    SALT LAKE CITY,UT84106     		NONE PUBLIC COMPLICATED GRIEF SUPPORT GROUPS 10,000
    JUNIOR LEAGUE - SLC
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84101     		NONE PUBLIC WOMEN HELPING WOMEN 10,000
    UTAH FOOD BANK
    1025 SOUTH 700 WEST
    SALT LAKE CITY,UT84105     		NONE PUBLIC FOOD COLLECTION AND DISTRIBUTION 10,000
    VOLUNTEERS OF AMERICA-UT
    511 W 200 S 160
    SALT LAKE CITY,UT84101     		NONE PUBLIC HOMELESS YOUTH RESOURCE CENTER 20,000
    SOUTH VALLEY SANCTUARY
    PO BOX 1028
    WEST JORDAN,UT84084     		NONE PUBLIC DOMESTIC VIOLENCE CRISIS SHELTER 2,500
    UNIV OF UTAH - LOWELL BENNION CENTE
    200 SOUTH CENTRAL CAMPUS DR RM 101
    SALT LAKE CITY,UT84112     		NONE PUBLIC COMMUNITY BUILDING SERVICES 5,000
    UNIV OF UTAH - NATURAL HISTORY MUSE
    301 WAKARA WAY
    SALT LAKE CITY,UT84108     		NONE PUBLIC FUNDING FOR NATURAL HISTORY MUSEUM 5,000
    HABITAT FOR HUMANITY SLC
    716 EAST4500 SOUTH SUITE N160
    SALT LAKE CITY,UT84107     		NONE PUBLIC FINANCIAL HOME MAINTENANCE EDUCATION CLASSES 3,000
    UNIV OF UTAH - SJ QUINNEY COLLEGE O
    332 SOUTH 1400 EAST RM 101
    SALT LAKE CITY,UT84112     		NONE PUBLIC SCHOLARSHIPS FOR COLLEGE OF LAW 15,000
    UNIV OF UTAH - UNV NEIGHBORHOOD PAR
    1060 SOUTH 900 WEST
    SALT LAKE CITY,UT84104     		NONE PUBLIC FACULTY PRACTICE-HEALTH CARE DELIVERY TO LOW-INCOME UTAHNS 15,000
    UNIV OF UTAH - WOMENS RESOURCE CENT
    200 SOUTH CENTRAL CAMPS DR RM 411
    SALT LAKE CITY,UT84112     		NONE PUBLIC YOUTH EDUCATION & SUCCESS/ACADEMIC CONSULTANT 17,500
    PEOPLE HELPING PEOPLE
    205 NORTH 400 WEST
    SALT LAKE CITY,UT84103     		NONE PUBLIC EMPLOYMENT PROGRAM 5,000
    LEGAL AID SOCIETY OF SLC
    205 NORTH 400 WEAT
    SALT LAKE CITY,UT84103     		NONE PUBLIC SELF REPRESENTED FAMILY LAW CLINIC 10,000
    TRACY AVIARY
    589 EAST 1300 SOUTH
    SALT LAKE CITY,UT84105     		NONE PUBLIC AID EDUCATIONAL PROGRAMS FOR K-12 4,000
    CATHOLIC COMMUNITY SERVICES
    250 E 300 S SUITE 380
    SALT LAKE CITY,UT84111     		NONE PUBLIC EMERGENCY ASSISTANCE 4,000
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    1600 W 2200 S 202
    WEST VALLEY CITY,UT84119     		NONE PUBLIC FAMILY TO FAMILY EDUCATION PROGRAM 2,500
    BOYS GIRLS CLUB OF GREATER SL
    464 CONCORD ST
    SALT LAKE CITY,UT84104     		NONE PUBLIC SMART GIRLS & PASSPORT TO MANHOOD 10,000
    ABILITY FOUNDATION
    5236 S GREENPINE DR
    SALT LAKE CITY,UT84123     		NONE PUBLIC 2011 EQUIPMENT PLACEMENT 5,000
    BICYCLE COLLECTIVE
    2312 S WEST TEMPLE ST
    SALT LAKE CITY,UT84115     		NONE PUBLIC PROMOTE CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND RECREATION 5,000
    MALIHEH FREE CLINIC
    415 EAST 3900 SOUTH
    SALT LAKE CITY,UT84107     		NONE PUBLIC 2011 HEALTHY FAMILIES SUPPORT PROGRAM 12,500
    SALT LAKE DONATED DENTAL SERVICES
    1383 SOUTH 900 WEST STE 128
    SALT LAKE CITY,UT84104     		NONE PUBLIC DENTAL SERVICES FOR LOW-INCOME FAMILIES 5,000
    UTAH LEGAL SERVICES
    205 NORTH 400 WEST
    SALT LAKE CITY,UT84103     		NONE PUBLIC LEGAL SERVICES FOR LOW-INCOME FAMILIES 10,000
    PREVENT CHILD ABUSE UTAH
    2955 HARRISON BLVD STE 104
    OGDEN,UT84403     		NONE PUBLIC PREVENT CHILD ABUSE AND STRENGTHEN FAMILIES 7,000
    UTAH CENTER FOR LEGAL INCLUSION
    645 S 200 E
    SALT LAKE CITY,UT84111     		NONE PUBLIC FACILITATE EDUCATIONAL OPPORTUNITIES OF THOSE WITH DIVERSE BACKGROUNDS AND ASSIST IN ELIMINATING BIAS IN UTAH'S JUSTICE SYSTEM 12,500
    GIRL SCOUTS OF UTAH
    PO BOX 57280
    SALT LAKE CITY,UT84157     		NONE PUBLIC HELP GIRLS CREATE POSITIVE CHANGES IN THEIR COMMUNITIES AND BEYOND 2,000
    UTAH AIDS FOUNDATION
    1408 SOUTH 1100 EAST
    SALT LAKE CITY,UT84105     		NONE PUBLIC PREVENT HIV INFECTION AND HELP THOSE AFFECTED 7,500
    ODYSSEY HOUSE
    344 E 100 S
    SALT LAKE CITY,UT84111     		NONE PUBLIC CHANGE BEHAVIORS AND LIFESTYLES OF THOSE STRUGGLING WITH DRUG AND ALCOHOL ABUSE 10,000
    CAMP HOBE
    PO BOX 520755
    SALT LAKE CITY,UT84152     		NONE PUBLIC SUMMER CAMP FOR CHILDREN BEING TREATED FOR CANCER 4,000
    UTAH PRIDE CENTER
    355 NORTH 300 WEST 1ST FLOOR
    SALT LAKE CITY,UT84103     		NONE PUBLIC SUPPORT AND SERVE LGBTQ COMMUNITY 1,000
    FRIENDS FOR SIGHT
    661 SOUTH 200 EAST
    SALT LAKE CITY,UT84111     		NONE PUBLIC PROVIDE VISION SCREENING FOR CHILDREN FOR AMBLYOPIA 5,000
    JEWISH FAMILY SERVICE
    1111 EAST BRICKYARD RD
    SALT LAKE CITY,UT84106     		NONE PUBLIC PROVIDE SUPPORT FOR JEWISH AND SALT LAKE COMMUNITIES 8,000
    UNIV OF UTAH - COLLEGE OF EDUCATION
    1705 E CAMPUS DR 225 MBH
    SALT LAKE CITY,UT84112     		NONE PUBLIC SCHOLARSHIPS FOR COLLEGE OF EDUCATION 2,500
    UNIV OF UTAH - COLLEGE OF SOCIAL WO
    395 SOUTH 1500 EAST
    SALT LAKE CITY,UT84112     		NONE PUBLIC SCHOLARSHIPS FOR COLLEGE OF SOCIAL WORK 12,500
    SENIOR CHARITY CARE FOUNDATION
    PO BOX 744
    KAYSVILLE,UT84037     		NONE PUBLIC IMPROVE THE QUALITY OF LIFE OF ELDERS IN NEED 4,000
    UTAH COUNCIL OF THE BLIND
    1301 WEST 500 SOUTH
    WOODS CROSS,UT84087     		NONE PUBLIC ESTABLISH PROGRAMS TO HELP PEOPLE WHO ARE BLIND TO BE MORE INDEPENDENT AND ACTIVE IN THEIR COMMUNITIES 5,000
    CHRISTMAS BOX INTERNATIONAL
    3660 SOUTH WEST TEMPLE
    SALT LAKE CITY,UT84115     		NONE PUBLIC PREVENT CHILD ABUSE AND IMPROVE QUALITY OF LIFE FOR AFFECTED CHILDREN 6,000
    INN BETWEEN
    340 SOUTH GOSHEN ST
    SALT LAKE CITY,UT84104     		NONE PUBLIC HOSPICE FOR THE HOMELESS 15,000
    SPECIAL OLYMPICS
    1400 S FOOTHILL DRIVE STE 238
    SALT LAKE CITY,UT84108     		NONE PUBLIC EMPOWER PEOPLE WITH INTELLECTUAL DISABILITIES THROUGH SPORTS 4,000
    SANDY CLUB
    440 EAST 8680 SOUTH
    SANDY,UT84070     		NONE PUBLIC EMPOWER BOYS AND GIRLS BY GIVING THEM A SAFE PLACE TO LEARN AND GROW 2,500
    YWCA OF NORTHERN UTAH
    3098 S HIGHLAND DR STE 440
    SALT LAKE CITY,UT84106     		NONE PUBLIC RESPOND TO NEEDS OF LOCAL WOMEN, PROMOTE RIGHTS AND INTERESTS OF WOMEN, AND ADVOCATE POSITIVE SOCIAL CHANGES 6,500
    BAD DOG ARTS
    824 SOUTH 400 WEST STE B129
    SALT LAKE CITY,UT84101     		NONE PUBLIC CREATIVE ARTS FOR CHILDREN AND ADULTS 2,500
    WOMEN OF THE WORLD
    3347 S MAIN STREET
    SALT LAKE CITY,UT84115     		NONE PUBLIC SUPPORT REFUGEE AND IMMIGRANT WOMEN AND GIRLS IN UTAH 4,000
    ADOPT A NATIVE ELDER
    328 W GREGSON AVE
    SALT LAKE CITY,UT84115     		NONE PUBLIC SUPPORT FOR NATIVE NAVAJO ELDERS 3,000
    DISCOVERY GATEWAY
    444 W 100 S
    SALT LAKE CITY,UT84101     		NONE PUBLIC INTERACTIVE, HANDS-ON CHILDREN'S MUSEUM 5,000
    JUNIOR ACHIEVEMENT OF UT
    515 S 700 E STE 1F
    SALT LAKE CITY,UT84102     		NONE PUBLIC EMPOWER AND PREPARE YOUNG PEOPLE TO SUCCEED IN FINANCE, WORK, AND ENTREPRENEURSHIP 5,000
    THERAPY ANIMALS OF UTAH
    2459 W 300 N
    PROVO,UT84601     		NONE PUBLIC ANIMAL ASSISTED THERAPY 1,000
    ENGLISH SKILLS LEARNING CENTER
    650 E 4500 S STE 220
    SALT LAKE CITY,UT84107     		NONE PUBLIC FREE ENGLISH CLASSES TO ADULT LANGUAGE LEARNERS 3,000
    KIDS ON THE MOVE
    475 W 260 N
    OREM,UT84057     		NONE PUBLIC PROVIDE SERVICES TO CHILDREN WITH DISABILITIES AND DEVELOPMENTAL DELAYS 6,000
    SALT LAKE ACTING COMPANY
    168 W 500 N
    SALT LAKE CITY,UT84103     		NONE PUBLIC ENGAGE AND ENRICH COMMUNITY THROUGH BRAVE CONTEMPORARY THEATRE 2,000
    WASATCH FORENSIC NURSES
    1565 E 3300 S
    SALT LAKE CITY,UT84106     		NONE PUBLIC PROVIDE COMPASSIONATE CARE AND PROFESSIONAL TIMELY COLLECTION OF FORENSIC MEDICAL EVIDENCE FOLLOWING SEXUAL ASSAULT OR RAPE 9,000
    UNIV OF UTAH - COLLEGE OF SOCIAL WO
    395 S 1500 E RM 106
    SALT LAKE CITY,UT84112     		NONE PUBLIC SOCIAL WORK EDUCATION 5,000
    UNIV OF UTAH - TANNER HUMANITIES CE
    215 S CENTRAL CAMPUS DR RM 110
    SALT LAKE CITY,UT84112     		NONE PUBLIC ADVANCE HUMANITIES EXPLORATION AND ENGAGEMENT THROUGH RESEARCH AND PUBLIC OUTREACH 2,500
    UNIV OF UTAH - UTAH PRESENTS
    1395 E PRESIDENTS CIR
    SALT LAKE CITY,UT84104     		NONE PUBLIC BRING DIVERSE ARTISTIC AND CULTURAL EXPERIENCES TO CAMPUS AND THE REGION 4,000
    CHILDREN'S JUSTICE CENTER
    35 E 500 S
    SALT LAKE CITY,UT84111     		NONE   HELP VICTIMS OF ABUSE FIND SAFE, CHILD-ORIENTED FACILITIES 2,500
    DAY ONE
    2240 N HWY 89 STE C
    OGDEN,UT84404     		NONE   HELP FAMILIES EXPERIENCING HOMELESSNESS 2,500
    FLOURISH VENTURES
    1991 BROADWAY STE 200
    NEW YORK,NY10023     		NONE   INVEST IN FINTECH ENTREPRENEURS 2,000
    SALT LAKE COMMUNITY COLLEGE FOUNDAT
    4600 S REDWOOD RD
    SALT LAKE CITY,UT84123     		NONE   SUPPORT COMMUNITY POST-SECONDARY EDUCATION 2,000
    SHELTER THE HOMELESS
    242 W PARAMOUNT AVE
    SALT LAKE CITY,UT84115     		NONE   PROVIDE EMERGENCY SHELTER 5,000
    SOBRIETY FOUNDATION
    PO BOX 522252
    SALT ALKE CITY,UT84152     		NONE   HELP UTAH ADUSTS WITH SUBSTANCE USE DISORDERS 2,500
    SUAZO BUSINESS CENTER
    960 W 1700 S
    SALT LAKE CITY,UT84104     		NONE   SUPPORT MINORITY OWNED BUSINESSES 5,000
    UNIV OF UTAH - DAVID ECCLES SCHOOL
    1655 CAMPUS CENTER DR
    SALT LAKE CITY,UT84112     		NONE   SUPPORT FOR EDUCATION 4,000
    UNIV OF UTAH - DIVISION OF PHYSICAL
    85 N MEDICAL DR
    SALT LAKE CITY,UT84132     		NONE   SUPPORT FOR EDUCATION 5,000
    UNIV OF UTAH - FIRST STAR ACADEMY
    200 S CENTRAL CAMPUS DR RM 80
    SALT LAKE CITY,UT84112     		NONE   SUPPORT EDUCATION FOR YOUNG ADULTS IN FOSTER CARE 3,000
    UNIV OF UTAH - HONORS COLLEGE
    1975 DETROBRIAND ST
    SALT LAKE CITY,UT84113     		NONE   SUPPORT FOR MOTIVATED, ENGAGED STUDENTS 5,000
    UNIV OF UTAH - HUNTSMAN CANCER CENT
    2000 CIR OF HOPE DR STE 1950
    SALT LAKE CITY,UT84112     		NONE   CANCER RESEARCH 3,000
    UNIV OF UTAH - KUER
    101 S WASATCH DR
    SALT LAKE CITY,UT84112     		NONE   SUPPORT FOR CAMPUS PUBLIC RADIO 5,000
    Total .................................bullet 3a 551,200
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1  
    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 ............     		    18 237,492  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSALE OF RIGHTS     		    15 212  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   390,570  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    390,570
    (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: 21013475
    Software Version: 2021v4.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 2,200 1,760 0 440

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DOMESTIC COMMON STOCKS 778,914 1,007,338
    FOREIGN STOCKS 536,073 558,441
    MUTUAL FUNDS 4,555,002 4,232,884

    TY 2021 InvestmentsOtherSchedule2
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MINERAL INTERESTS AT COST 1,221 11

    TY 2021 OtherExpensesSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 558 446   112
    ROYALTY EXPENSES 949 759   190


    TY 2021 OtherIncomeSchedule2
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SALE OF RIGHTS 212 212  


    TY 2021 OtherIncreasesSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Amount
    PRIOR PERIOD ADJUSTMENT 16,816


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 2,335 1,868 0 467
    PROFESSIONAL FEES 971 777 0 194


    TY 2021 TaxesSchedule
    Name:
    HERBERT I & ELSA B MICHAEL FOUNDATION
     
    US BANK NATIONAL ASSOCIATION
    EIN:
    87-6122556
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 8,568 6,854   1,714
    FOREIGN TAX - NON QUAL 304 243   61
    FOREIGN TAX - QUAL DIV 2,117 1,694   423
    PROPERTY TAXES 311 249   62
    STATE TAXES 819 655   164