Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
SPENCER F AND CLEONE P ECCLES FAMILY
FOUNDATION C/O HANNAH ELDREDGE
Number and street (or P.O. box number if mail is not delivered to street address)79 S MAIN ST 13TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALT LAKE CITY, UT84111
A Employer identification number

87-6227329
B Telephone number (see instructions)

(801) 246-5331
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$18,975,717J 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 14 14  
4 Dividends and interest from securities... 60,750 60,750  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,147,126
b Gross sales price for all assets on line 6a 2,698,149
7 Capital gain net income (from Part IV, line 2)... 1,147,126
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 854,951 458,046  
12 Total. Add lines 1 through 11........ 2,062,841 1,665,936  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 2,316 0   2,316
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,118 0   4,118
b Accounting fees (attach schedule)....... Click to see attachment 9,075 6,806   2,269
c Other professional fees (attach schedule).... Click to see attachment 171,364 64,623   106,741
17 Interest............... 1,019 1,019   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,482 41   818
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 9,828 0   9,828
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 320,114 313,753   6,361
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 528,316 386,242   132,451
25 Contributions, gifts, grants paid....... 84,300 84,300
26 Total expenses and disbursements. Add lines 24 and 25 612,616 386,242   216,751
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,450,225
b Net investment income (if negative, enter -0-) 1,279,694
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............. 141,117 709,180 709,180
2 Savings and temporary cash investments.........      
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) bullet59,092
Less: allowance for doubtful accounts bullet0 0 59,092 59,092
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 65,171 Click to see attachment112,276 103,713
b Investments—corporate stock (attach schedule)....... 3,556,161 Click to see attachment4,035,279 4,155,691
c Investments—corporate bonds (attach schedule)....... 260,193 Click to see attachment172,918 160,504
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,980,847 Click to see attachment11,749,558 13,787,537
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) 19,003,489 16,838,303 18,975,717
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) Click to see attachment550,000 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 550,000 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........ 16,637,602 16,637,602
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,815,887 200,701
29 Total net assets or fund balances (see instructions)..... 18,453,489 16,838,303
30 Total liabilities and net assets/fund balances (see instructions). 19,003,489 16,838,303
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
18,453,489
2
Enter amount from Part I, line 27a .....................
2
1,450,225
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,903,714
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,065,411
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,838,303
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b SALE OF SCP II CONTINUATION FUND A INTEREST P    
c LT PASSTHROUGH INVESTMENT CAPITAL GAINS/LOSSES P    
d ST PASSTHROUGH INVESTMENT CAPITAL GAINS/LOSSES P    
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,904,096   1,551,023 353,073
b 13,138     13,138
c 736,034     736,034
d 41,921     41,921
e 2,960     2,960
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       353,073
b       13,138
c       736,034
d       41,921
e       2,960
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,147,126
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 17,788
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 17,788
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 13,720
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 17,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 151
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 12,781
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet12,781 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletUT
    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 ofbulletHANNAH ELDREDGE Telephone no.bullet (801) 532-0934

    Located atbullet79 S MAIN STREET 13TH FLOORSALT LAKE CITYUT ZIP+4bullet84111
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SPENCER ECCLES CHAIR/TRUSTEE/COMMITTEE ME
    1.00     		0 0 0
    79 SOUTH MAIN 13TH FLOOR
    SALT LAKE CITY,UT84111
    LISA ECCLES TRUSTEE/COMMITTEE MEMBER
    1.00     		0 0 0
    79 SOUTH MAIN 13TH FLOOR
    SALT LAKE CITY,UT84111
    C HOPE ECCLES TRUSTEE/COMMITTEE MEMBER
    1.00     		0 0 0
    79 SOUTH MAIN 13TH FLOOR
    SALT LAKE CITY,UT84111
    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
    5,249,903
    b
    Average of monthly cash balances.......................
    1b
    986,763
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,844,643
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,081,309
    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
    20,081,309
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    301,220
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    19,780,089
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    989,004
    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
    989,004
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    17,788
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    2,722
    c
    Add lines 2a and 2b............................
    2c
    20,510
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    968,494
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    968,494
    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
    968,494
    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 7 968,494
    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......  
    b From 2017...... 311,034
    c From 2018...... 674,998
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 986,032
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 216,751
    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..... 216,751
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 751,743 751,743
    (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 5 234,289
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		234,289
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 234,289
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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).)
    SPENCER ECCLES
    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
    ALF ENGEN SKI MUSEUM FOUNDATION
    PO BOX 980187
    PARK CITY,UT840980121     		NONE PC GENERAL OPERATING SUPPORT 2,000
    AMERICAN CANCER SOCIETY INC
    250 WILLIAMS STREET NW
    ATLANTA,GA30303     		NONE PC GENERAL OPERATING SUPPORT-HOPE LODGE 11,000
    APPLIED TECHNOLOGY FOUNDATION DBA TECH CHARITIES
    50 NORTH 600 WEST SUITE C
    SALT LAKE CITY,UT84116     		NONE PC GENERAL OPERATING SUPPORT 5,000
    BALLET WEST
    52 WEST 200 SOUTH
    SALT LAKE CITY,UT84101     		NONE PC GENERAL OPERATING SUPPORT 2,500
    BETA THETA PI FRATERNITY
    5134 BONHAM RD
    OXFORD,OH450561429     		NONE PC PROGAM SUPPORT 1,000
    BOYS & GIRLS CLUBS OF GREATER SALT LAKE
    PO BOX 57071
    MURRAY,UT84157     		NONE PC GENERAL OPERATING SUPPORT 3,000
    BRIGHAM CITY LIBRARY
    26 E FOREST STREET
    BRIGHAM CITY,UT843022112     		NONE PC GENERAL OPERATING SUPPORT 500
    BRIGHAM YOUNG UNIVERSITY MARRIOTT SCHOOL OF MANAGEMENT
    PO BOX 21128
    PROVO,UT846021128     		NONE PC SCHOLARSHIPS 5,000
    COLUMBIA UNIVERSITY GRADUATE SCHOOL OF BUSINESS
    2 WORLD FINANCIAL CTR
    NEW YORK,NY102811008     		NONE PC PROGAM SUPPORT 5,000
    NEIGHBORHOOD HOUSE ASSOCIATION
    1050 WEST 500 SOUTH
    SALT LAKE CITY,UT84104     		NONE PC GENERAL OPERATING SUPPORT 10,000
    OGDEN SCHOOL FOUNDATION
    1950 MONROE BLVD
    OGDEN,UT844010619     		NONE PC GENERAL OPERATING SUPPORT 1,100
    OGDEN SURGICAL SOCIETY
    PO BOX 9311
    OGDEN,UT844090311     		NONE PC SPONSORSHIP-ANNUAL CONFERENCE 1,000
    OGDEN SURGICAL SOCIETY
    PO BOX 9311
    OGDEN,UT844090311     		NONE PC GENERAL OPERATING SUPPORT 1,000
    SNOWBIRD SPORTS EDUCATION FOUNDATION INC
    3165 E MILLROCK DR STE 190
    SALT LAKE CITY,UT841215571     		NONE PC SPONSORSHIP-SNOW CUP 1,000
    STANFORD UNIVERSITY BILL LANE CENTER FOR THE AMERICAN WEST
    473 VIA ORTEGA FIRST FLOOR
    STANFORD,CA943054225     		NONE PC GENERAL OPERATING SUPPORT 5,000
    STANFORD UNIVERSITY LAW SCHOOL
    559 NATHAN ABBOTT WAY
    STANFORD,CA943058610     		NONE PC GENERAL OPERATING SUPPORT 5,000
    UNITED WAY OF SALT LAKE
    257 E 200 S STE 300
    SALT LAKE CITY,UT84111     		NONE PC PROGRAM SUPPORT 2,500
    UNIVERSITY OF UTAH
    332 S 1400 E BLDG 73
    SALT LAKE CITY,UT84112     		NONE PC GENERAL OPERATING SUPPORT 1,500
    UNIVERSITY OF UTAH
    332 S 1400 E BLDG 73
    SALT LAKE CITY,UT84112     		NONE PC SCHOLARSHIPS 15,000
    UTAH SYMPHONY I UTAH OPERA
    123 WEST SOUTH TEMPLE
    SALT LAKE CITY,UT84101     		NONE PC GENERAL OPERATING SUPPORT 5,000
    VALLEY CLUB INC
    PO BOX 252
    SUN VALLEY,ID833530252     		NONE PC SCHOLARSHIP FUND 200
    WOUNDED WARRIOR PROJECT INC
    4899 BELFORT ROAD SUITE 300
    JACKSONVILLE,FL32256     		NONE PC GENERAL OPERATING SUPPORT 1,000
    Total .................................bullet 3a 84,300
    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 14  
    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 1,147,126  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHROUGH UNRELATED BUSINESS INCOME     		523000 371,426      
    bREIMBURSMENT OF CONTRACT SERVICES     01 16,200  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 371,426 1,691,415 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,062,841
    (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:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,075 6,806   2,269

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLY FINL INC NOTE 5.75000% 11/20/2025 (CALL DATE 10/21/25) 4,328 3,945
    BK OF AMERICA CORP SER L MTN 4.18300% 11/25/2027 (CALL DATE 11/25/26) 4,973 4,867
    CENTENE CORP DEL SER B NOTE 4.62500% 12/15/2029 (CALL DATE 12/15/24) 7,624 6,494
    CITIGROUP INC NOTE 3.87500% 03/26/2025 6,999 6,908
    DCP MIDSTREAM OPERATING PL NOTE 5.62500% 07/15/2027 (CALL DATE 04/15/27) 6,402 5,811
    ENERGY TRANSFER L P BOND PERPETUAL 6.75000% (CALL DATE 05/15/25) 7,061 5,841
    FORD MOTOR CREDIT COMPANY NOTE 3.35000% 11/01/2022 3,992 3,971
    ISHARES TR MBS ETF 36,833 33,537
    ISHARES TRUST CMBS ETF 7,135 6,639
    JANUS DETROIT STR TR HENDERSON MTG 36,646 33,572
    JANUS DETROIT STR TR HENDRSON AAA CL 6,989 6,817
    KIMCO REALTY CORP MTN CALL MAKE WHOLE 3.30000% 02/01/2025 5,956 5,875
    KIRBY CORP NOTE CALL MAKE WHOLE 4.20000% 03/01/2028 (CALL DATE 12/01/27) 2,910 2,806
    KRAFT HEINZ FOODS CO SER B NOTE 3.87500% 05/15/2027 (CALL DATE 02/15/27) 5,176 4,842
    MOSAIC CO NOTE CALL MAKE WHOLE 4.05000% 11/15/2027 (CALL DATE 08/15/27) 8,783 7,844
    OCCIDENTAL PETE CORP NOTE CALL MAKE WHOLE 5.87500% 09/01/2025 4,147 3,983
    TEVA PHARMACEUTICAL FIN NETH NOTE 2.80000% 07/21/2023 10,754 10,564
    T-MOBILE US INC NOTE CALL MAKE WHOLE 7.87500% 09/15/2023 6,210 6,188

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC 6,933 45,535
    ADDUS HOMECARE CORP COM USD0.001 4,149 3,914
    ADVANCE AUTO PARTS INC 5,835 4,847
    ARTISAN INTL VALUE FUND INSTL 538,203 453,922
    AT&T INC COM USD1 82,159 78,216
    BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B 12,699 40,407
    BJS WHSL CLUB HLDGS INC COM 3,863 8,600
    BLACKROCK STRATEGIC INCOME OPPRTSI INSTL 171,847 164,243
    BRIGHAM MINERALS INC CL A COM 2,881 4,089
    BROADRIDGE FINANCIAL SOLUTION INC COM USD0.01 40,798 42,123
    BROOKFIELD ASSET MANAGEMENT INC ISIN #CA1125851040 SEDOL #2092599 33,402 43,358
    BROOKFIELD INFRASTRUCTURE CORP COM SUB VTG SHS CL A ISIN 4,084 3,613
    BURFORD CAPITAL LTD ORD NPV (DI) 6,686 5,913
    CAL MAINE FOODS INC COM NEW 43,024 55,586
    CARLISLE COMPANIES INC 2,995 5,965
    CAVCO INDUSTRIES INC 4,674 3,136
    CELSIUS HLDGS INC COM NEW 188 3,132
    CH ROBINSON WORLDWIDE INC COM USD0.10 36,460 43,893
    CHURCH &DWIGHT CO INC COM 40,793 44,691
    COGENT COMMUNICATIONS HOLDINGS INC 5,745 4,557
    CORCEPT THERAPEUTICS INC 3,507 3,305
    CORE &MAIN INC CL A 3,484 2,743
    CORECARD CORPORATION COM STK USD0.01 3,834 2,172
    CUMMINS INC 30,282 35,222
    DERMTECH INC COM 2,369 1,834
    DFA EMERGING MRKTS CORE EQU PORTF 108,039 96,445
    DISCOVER FINANCIAL SERVICES 12,382 41,615
    EMERSON ELECTRIC CO 31,943 39,850
    FIRST ADVANTAGE CORP NEW COM 4,425 2,331
    FIRSTCASH HOLDINGS INC COM 4,194 3,823
    FIRSTSERVICE CORP COM NPV ISIN #CA33767E2024 SEDOL #BJMKSJ5 2,788 4,000
    FLEETCOR TECHNOLOGIES INC COM USD0.001 4,900 5,253
    FOCUS FINL PARTNERS INC COM CL A 3,783 3,440
    GARTNER INC COM USD0.0005 40,049 77,869
    GILEAD SCIENCES INC COM USD0.001 38,834 40,980
    GOLDMAN SACHS GQG PARTNERS INTL OPP I 510,683 486,709
    GQG PARTNERS EMERG MARKETS EQ INSTL 203,892 188,198
    GRUPO AEROPORTUARIO DEL SUREST SPON ADR SER B 4,856 4,910
    HEALTHCARE SVCS GROUP INC COM 4,212 3,969
    HOME BANCSHARES INC. COM USD0.01 3,356 3,967
    ICON PLC ORD EUR0.06 3,595 3,684
    IHS HOLDING LIMITED COM USD0.30 2,492 2,255
    INMODE LTD COM ILS0.01 3,400 4,191
    INNOVATIVE INDL PPTYS INC COM 4,201 5,384
    INTERNATIONAL MNY EXPRESS INC COM 3,176 3,889
    KEYSIGHT TECHNOLOGIES INC COM USD0.01 WD 34,714 28,259
    LAM RESEARCH CORP COM USD0.001 15,328 43,041
    LANDSTAR SYSTEM INC COM USD0.01 4,328 6,253
    LGI HOMES INC 4,200 2,868
    LITHIA MTRS INC COM 1,979 2,473
    LKQ CORP 3,255 7,216
    MAGNOLIA OIL &GAS CORP CL A 1,399 3,757
    MERCK &CO. INC COM 29,701 51,420
    MSC INDUSTRIAL DIRECT CO INC 36,309 30,762
    NORDSON CORP 35,320 30,708
    OASIS PETROLEUM INC COM NEW 7,745 9,245
    PACIRA BIOSCIENCES INC COM 4,129 3,207
    PEPSICO INC 21,449 34,332
    PERIMETER SOLUTIONS SA COM USD1 2,534 2,569
    PERRIGO COMPANY PLC 5,573 5,842
    PHILLIPS 66 COM 38,821 38,699
    POLEN GROWTH FUND INST'L SHARES 972,685 689,088
    PREFERRED BANK 3,528 3,061
    PRICE T ROWE GROUPS COM USD0.20 18,781 32,152
    PROGRESS SOFTWARE CORP 7,054 6,342
    PROSPERITY BANCSHARES INC 5,636 6,554
    RIMINI STR INC DEL COM 12,504 10,223
    SEMLER SCIENTIFIC INC COM USD0.001 12,592 5,185
    SITEONE LANDSCAPE SUPPLY INC COM 3,628 3,447
    SITEONE LANDSCAPE SUPPLY INC COM 35,288 26,151
    SKYLINE CHAMPION CORPORATION COM 4,832 4,695
    SPDR SER TR S&P BIOTECH 2,499 2,080
    STANLEY BLACK & DECKER INC 35,364 19,416
    TERADATA CORP 4,372 3,775
    TEXAS INSTRUMENTS INC COM USD1.00 26,129 39,334
    TURNING PT BRANDS INC COM 4,373 3,174
    TWITTER INC COM USD0.000005 30,364 31,071
    UNDISCOVERED MGRS BEHAVIOR VALUE CL L 133,748 240,181
    UNITEDHEALTH GROUP INC 4,067 57,013
    VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 2,569 2,510
    VISA INC 93,049 112,587
    VIZIO HLDG CORP CL A COM 2,567 2,223
    VONTIER CORPORATION COM 42,749 31,128
    WALKER & DUNLOP INC COM 3,606 3,565
    WARNER BROS DISCOVERY INC COM SER A 24,778 11,944
    WATSCO INC 96,851 155,893
    WEBSTER FINL CORP COM 3,427 4,384
    WELLS FARGO CO NEW COM 42,057 45,281
    WELLS FARGO CO NEW COM 68,205 168,470
    ZIFF DAVIS INC COM 5,099 6,335

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    US Government Securities - End of Year Book Value:

    112,276
    US Government Securities - End of Year Fair Market Value:

    103,713
    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:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES MSCI EAFE ETF AT COST 1,559 1,984
    CARLYLE GLOBAL FINANCIAL SERVICES AT COST 18,283 7,936
    CORSAIR III AT COST 175,856 294,732
    CYNOSURE AVALON BUILDGROUP AT COST 458,240 534,325
    CYNOSURE AVALON HOLDINGS II AT COST 1,704,686 1,989,000
    CYNOSURE FENWAY SUMMER AT COST 501,526 1,264,000
    CYNOSURE FERNWEH AT COST 19,999 19,714
    CYNOSURE GPS AT COST 0 384,908
    CYNOSURE INVESTMENT PARTNERS AT COST 6,758,232 5,827,000
    CYNOSURE PARTNERS 2020 CO-INVESTMENT AT COST 162,326 448,449
    CYNOSURE PARTNERS 2020 LP AT COST 818,499 782,000
    CYNOSURE WEALTH PARTNERS AT COST 299,617 994,000
    SORENSON CAPITAL PARTNERS II AT COST 113,253 522,007
    WINDMILL INVESTMENTS LIMITED AT COST 106,591 106,591
    CRC BOND OPPORTUNITY TRADING FUND - SERIES D AT COST 610,891 610,891

    TY 2021 LegalFeesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,118 0   4,118


    TY 2021 OtherDecreasesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Description Amount
    PASSTHROUGH INCOME ADJUSTMENT 1,297,097
    INVESTMENT BASIS ADJUSTMENTS 1,768,314


    TY 2021 OtherExpensesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PASSTHROUGH EXPENSES 313,753 313,753   0
    INSURANCE 6,052 0   6,052
    PAYROLL EXPENSE 12 0   12
    PARKING 297 0   297


    TY 2021 OtherIncomeSchedule2
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH INVESTMENT INCOME 452,190 452,190 452,190
    OTHER INCOME 5,856 5,856 5,856
    TAX EXEMPT PASS THRU INCOME 9,279 0 9,279
    PASSTHROUGH UNRELATED BUSINESS INCOME 371,426   371,426
    REIMBURSMENT OF CONTRACT SERVICES 16,200   16,200


    TY 2021 OtherLiabilitiesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Description Beginning of Year - Book Value End of Year - Book Value
    LINE OF CREDIT OUTSTANDING 550,000 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 86,164 64,623   21,541
    MANAGEMENT FEES 85,200 0   85,200


    TY 2021 TaxesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES FAMILY
     
    FOUNDATION C/O HANNAH ELDREDGE
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 9,326 0   0
    STATE TAX 297 0   0
    PAYROLL TAXES 818 0   818
    FOREIGN TAXES 41 41   0