efile Public Visual Render
ObjectId: 202121029349101142 - Submission: 2021-04-12
TIN: 86-0870436
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
TIMOTHY T DAY FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)
3219 E CAMELBACK RD NO 841
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHOENIX
,
AZ
85018
A Employer identification number
86-0870436
B
Telephone number (see instructions)
(602) 595-8880
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
77,056,664
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
1,503,808
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
1,192,080
1,191,262
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-841,256
b
Gross sales price for all assets on line 6a
9,988,375
7
Capital gain net income (from Part IV, line 2)
...
0
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
1,854,632
1,191,262
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
11,550
5,775
0
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
52,814
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
28,485
26,939
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
92,849
32,714
0
25
Contributions, gifts, grants paid
.......
3,567,044
3,567,044
26
Total expenses and disbursements.
Add lines 24 and 25
3,659,893
32,714
3,567,044
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-1,805,261
b
Net investment income
(if negative, enter -0-)
1,158,548
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2020)
Page 2
Form 990-PF (2020)
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
1
Cash—non-interest-bearing
.............
533,328
2,513,554
2,513,554
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
31,333,182
26,901,082
28,079,955
b
Investments—corporate stock (attach schedule)
.......
24,062,011
26,703,736
46,463,155
c
Investments—corporate bonds (attach schedule)
.......
3,151,528
0
0
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
59,080,049
56,118,372
77,056,664
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
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
59,080,049
56,118,372
29
Total net assets or fund balances
(see instructions)
.....
59,080,049
56,118,372
30
Total liabilities and net assets/fund balances
(see instructions)
.
59,080,049
56,118,372
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
59,080,049
2
Enter amount from Part I, line 27a
.....................
2
-1,805,261
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
57,274,788
5
Decreases not included in line 2 (itemize)
5
1,156,416
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
56,118,372
Form
990-PF
(2020)
Page 3
Form 990-PF (2020)
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
US TREAS NTS DTD 03/31/2015 1.375%
2017-04-05
2020-03-31
b
US TREAS NTS DTD 03/31/2015 1.125%
2017-01-01
2020-03-31
c
MFB NORTHERN FUNDS ULTRA SHORT FIXED INCOME
2019-04-24
2020-03-27
d
MFB NORTHERN FUNDS ULTRA SHORT FIXED INCOME
2019-02-04
2020-03-27
e
MFC INVESCO EXCHANGE-TRADED FD TR
2019-04-03
2020-03-20
CAPITAL GAIN DISTRIBUTIONS
(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
1,800,000
1,795,446
4,554
b
2,965,000
2,965,000
0
c
1,142,480
1,165,094
-22,614
d
1,980,325
2,004,993
-24,668
e
2,099,991
2,899,098
-799,107
579
579
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
4,554
b
0
c
-22,614
d
-24,668
e
-799,107
579
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
-841,256
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
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1
Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved
...........................
2
3
Reserved
...........................
3
4
Reserved
...........................
4
5
Reserved
...........................
5
6
Reserved
...........................
6
7
Reserved
...........................
7
8
Reserved
,..........................
8
Form
990-PF
(2020)
Page 4
Form 990-PF (2020)
Page
4
Part VI
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
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
16,104
c
All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% 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
16,104
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
16,104
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
32,400
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
32,400
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
16,296
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
16,296
Refunded
11
0
Part VII-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 Instructions
for 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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
AZ
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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
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
(2020)
Page 5
Form 990-PF (2020)
Page
5
Part VII-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 address
TDAYFOUNDATION.ORG
14
The books are in care of
THE TIMOTHY T DAY FAMILY OFFICE LLC
Telephone no.
(602) 595-8880
Located at
3219 E CAMELBACK RD 841
PHOENIX
AZ
ZIP+4
85018
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
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
Part VII-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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
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)?
...............
Yes
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.)
.......
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
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 2020?
.............
1c
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 2020, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2020?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2020 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 2020.)
..................
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 2020?
4b
No
Form
990-PF
(2020)
Page 6
Form 990-PF (2020)
Page
6
Part VII-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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
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?
.....
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
.........
c
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?
..........
Yes
No
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?
.....................
Yes
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?
Yes
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?
.................
Yes
No
Part VIII
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
TIMOTHY T DAY
CHAIRMAN/ PRESIDENT/ DIREC
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
SANDRA R DAY
VICE CHAIRMAN/ DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
RICHARD MALLERY
SECRETARY/ DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
WILLIAM ERIC CHRISTOPHER GLEASON
DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
LESLIE DAY PELLILLO
VP/ TREASURER/ DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
TIMOTHY T DAY JR
DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
BRYAN W DAY
DIRECTOR
0.04
0
0
0
3219 E CAMELBACK RD 841
PHOENIX
,
AZ
85018
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
...................
0
Form
990-PF
(2020)
Page 7
Form 990-PF (2020)
Page
7
Part VIII
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
.............
0
Part IX-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
PROVIDE SUPPORT TO 501(C)(3)'S FOR ACTIVITIES, RESEARCH, PUBLICATIONS & ORGANIZATIONS THAT SUPPORT MARINES & THE UNITED STATES MARINE CORPS.
0
2
PROVIDE SUPPORT TO 501(C)(3)'S FOR ACTIVITIES, RESEARCH, PUBLICATIONS & ORGANIZATIONS THAT SUPPORT ANIMAL WELFARE & ORGANIZATIONS THAT HELP TO RESCUE ABUSED & ABANDONED DOGS.
0
3
PROVIDE SUPPORT TO 501(C)(3)'S FOR ACTIVITIES, RESEARCH, PUBLICATIONS & ORGANIZATIONS THAT EDUCATE, FOSTER & DEVELOP ENTREPRENEURS.
0
4
PROVIDE SUPPORT TO 501(C)(3)'S FOR ACTIVITIES, FACILITIES & PROGRAMS THAT ENCOURAGE PHYSICAL FITNESS, SOUND NUTRITION & A HEALTHY LIFESTYLE AT SELECTED EDUCATION INSTITUTIONS.
0
Part IX-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
.........................
0
Form
990-PF
(2020)
Page 8
Form 990-PF (2020)
Page
8
Part X
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
58,747,991
b
Average of monthly cash balances
.......................
1b
10,701,110
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
69,449,101
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
69,449,101
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
1,041,737
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
68,407,364
6
Minimum investment return.
Enter 5% of line 5
..................
6
3,420,368
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
3,420,368
2a
Tax on investment income for 2020 from Part VI, line 5
......
2a
16,104
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
16,104
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
3,404,264
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
3,404,264
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 XIII, line 1
...
7
3,404,264
Part XII
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
3,567,044
b
Program-related investments—total from Part IX-B
..................
1b
0
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 V, line 8, and Part XIII, line 4
4
3,567,044
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
3,567,044
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2020)
Page 9
Form 990-PF (2020)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2019
(c)
2019
(d)
2020
1
Distributable amount for 2020 from Part XI, line 7
3,404,264
2
Undistributed income, if any, as of the end of 2020:
a
Enter amount for 2019 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2020:
a
From 2015
......
b
From 2016
......
c
From 2017
......
3,118
d
From 2018
......
348,716
e
From 2019
......
505,864
f
Total
of lines 3a through e
........
857,698
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
3,567,044
a
Applied to 2019, 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 2020 distributable amount
.....
3,404,264
e
Remaining amount distributed out of corpus
162,780
5
Excess distributions carryover applied to 2020.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
1,020,478
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 2020
..........
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 2015 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
1,020,478
10
Analysis of line 9:
a
Excess from 2016
....
b
Excess from 2017
....
3,118
c
Excess from 2018
....
348,716
d
Excess from 2019
....
505,864
e
Excess from 2020
....
162,780
Form
990-PF
(2020)
Page 10
Form 990-PF (2020)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-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 2020, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2020
(b)
2019
(c)
2018
(d)
2017
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
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 X, 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 XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
TIMOTHY T DAY
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2020)
Page 11
Form 990-PF (2020)
Page
11
Part XV
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)
a
Paid during the year
2ND CHANCE DOG RESCUE
2449 W ANGEL WAY
QUEEN CREEK
,
AZ
85142
NONE
501(C)3
ANIMAL WELFARE
9,000
AMERICAN HUMANE
1400 16TH STREET NW SUITE 360
WASHINGTON
,
DC
20036
NONE
501(C)3
ANIMAL WELFARE
35,000
ANIMAL ADOPTION CENTER
175 N GLENWOOD ST
JACKSON
,
WY
83001
NONE
501(C)3
ANIMAL WELFARE
55,000
ANIMAL GUARDIAN NETWORK
4815 E CAREFREE HIGHWAY 108-504
CAVE CREEK
,
AZ
85331
NONE
501(C)3
ANIMAL WELFARE
75,000
APARN
1106 N GILBERT RD 2 PMB 192
MESA
,
AZ
85203
NONE
501(C)3
ANIMAL WELFARE
25,000
AZ PET PROJECT
16 W CAMELBACK RD
PHOENIX
,
AZ
85013
NONE
501(C)3
ANIMAL WELFARE
40,000
BAD RAP
PO BOX 27005
OAKLAND
,
CA
94602
NONE
501(C)3
ANIMAL WELFARE
3,000
COCHISE CANINE RESCUE
PO BOX 87
POMERANE
,
AZ
85627
NONE
501(C)3
ANIMAL WELFARE
4,000
COLORADO STATE UNIVERSITY FOUNDATION
1062 CAMPUS DELIVERY
FORT COLLINS
,
CO
80523
NONE
501(C)3
ANIMAL WELFARE
5,000
COMMUNITY FOUNDATION OF JACKSON HOLE
P O BOX 574
JACKSON
,
WY
83001
NONE
501(C)3
SOCIAL SERVICES
19,500
DEERFIELD ACADEMY
7 BOYDEN RD
DEERFIELD
,
MA
01342
NONE
501(C)3
EDUCATION
5,000
DOG IS MY COPILOT
PO BOX 3399
JACKSON HOLE
,
WY
83001
NONE
501(C)3
ANIMAL WELFARE
15,000
FIGHTING FOR DAWN
PO BOX 17664
ATLANTA
,
GA
30316
NONE
501(C)3
ANIMAL WELFARE
9,000
HARVARD BUSINESS SCHOOL
SOLDIERS FIELD
BOSTON
,
MA
02163
NONE
501(C)3
EDUCATION
750,000
HBS ADVANCED MANAGEMENT PROGRAM
SOLDIERS FIELD
BOSTON
,
MA
02163
NONE
501(C)3
EDUCATION
3,704
HBS MARINE CORPS ENTREPRENEUR FELLOWSHIP
SOLDIERS FIELD
BOSTON
,
MA
02163
NONE
501(C)3
EDUCATION
164,000
LOST OUR HOME PET RESCUE
2323 S HARDY DR
TEMPE
,
AZ
85282
NONE
501(C)3
ANIMAL WELFARE
11,000
LUV OF DOGZ FUND INC
7841 E VIA DE BELLEZA
SCOTTSDALE
,
AZ
85258
NONE
501(C)3
ANIMAL WELFARE
10,500
MARINE CORPS ASSOCIATION FOUNDATION
715 BROADWAY ST
QUANTICO
,
VA
22134
NONE
501(C)3
SOCIAL SERVICES
50,000
MARINE CORPS HERITAGE FOUNDATION
3800 FETTLER PARK DRIVE STE 104
DUMFRIES
,
VA
22025
NONE
501(C)3
SOCIAL SERVICES
1,200,840
MARINE CORPS SCHOLARSHIP FOUNDATION
909 N WASHINGTON STREET STE 400
ALEXANDRIA
,
VA
22314
NONE
501(C)3
EDUCATION
100,000
MARINE CORPS UNIVERSITY FOUNDATION
PO BOX 122
QUANTICO
,
VA
22134
NONE
501(C)3
EDUCATION
100,000
MAYO CLINIC
13400 EAST SHEA BLVD
SCOTTSDALE
,
AZ
85259
NONE
501(C)3
HEALTH SERVICES
100,000
NATIONAL MILL DOG RESCUE
PO BOX 88468
COLORADO SPRINGS
,
CO
80908
NONE
501(C)3
ANIMAL WELFARE
13,000
OLD FRIENDS SENIOR DOG SANCTUARY
PO BOX 93
MOUNT JULIET
,
TN
37121
NONE
501(C)3
ANIMAL WELFARE
4,000
PACC911
10645 N TATUM BLVD STE 200-516
PHOENIX
,
AZ
85028
NONE
501(C)3
ANIMAL WELFARE
70,000
PAWS OF JACKSON HOLE
PO BOX 10333
JACKSON
,
WY
83001
NONE
501(C)3
ANIMAL WELFARE
30,000
PINTLER PETS
205 N SILVER ST
ANACONDA
,
MT
59711
NONE
501(C)3
ANIMAL WELFARE
9,000
PUG NATION RESCUE OF LOS ANGELES
PO BOX 270
TORRANCE
,
CA
90507
NONE
501(C)3
ANIMAL WELFARE
18,500
PUG RESCUE OF SAN DIEGO COUNTY
PO BOX 151449
SAN DIEGO
,
CA
92175
NONE
501(C)3
ANIMAL WELFARE
10,500
RUSTY'S ANGEL SANCTUARY
49459 N 7TH AVE
NEW RIVER
,
AZ
85087
NONE
501(C)3
ANIMAL WELFARE
6,000
SCRIPPS HEALTH FOUNDATION
PO BOX 2669
LA JOLLA
,
CA
92038
NONE
501(C)3
HEALTH SERVICES
5,000
SEMPER FI FUND
BOX 555193
CAMP PENDLETON
,
CA
92055
NONE
501(C)3
SOCIAL SERVICES
281,000
SOUTHWESTERN OKLAHOMA STATE UNIVERSITY FOUNDATION
100 W CAMPUS DR
WEATHERFORD
,
OK
73096
NONE
501(C)3
EDUCATION
60,000
STREET PAWS INC
925 ALEXANDER HAMILTON DR
MCDONOUGH
,
GA
30253
NONE
501(C)3
ANIMAL WELFARE
1,000
SURRENDERED SOULS RESCUE
3507 SSIESTA LANE
TEMPE
,
AZ
85282
NONE
501(C)3
ANIMAL WELFARE
7,000
THE INNER PUP OF NEW ORLEANS
465 LOWERLINE ST
NEW ORLEANS
,
LA
70118
NONE
501(C)3
ANIMAL WELFARE
6,000
THE LITTLE RED DOG
23046 AVENIDA DE LA CARLOTA
LAKE FOREST
,
CA
92630
NONE
501(C)3
ANIMAL WELFARE
16,000
VALLEY OF THE SUN UNITED WAY
3200 E CAMELBACK RD SUITE 375
PHOENIX
,
AZ
85018
NONE
501(C)3
SOCIAL SERVICES
10,000
WESLEYAN UNIVERSITY
45 WYLLYS AVE
MIDDLETOWN
,
CT
06459
NONE
501(C)3
EDUCATION
5,000
AZ HUMANE SOCITY
1521 W DOBBINS ROAD
PHOENIX
,
AZ
85041
NONE
501(C)3
ANIMAL WELFARE
6,500
BARROW NEUROLOGICAL FOUNDATION
124 W THOMAS ROAD SUITE 250
PHOENIX
,
AZ
85013
NONE
501(C)3
HEALTH SERVICES
5,000
BILLY GRAHAM EVANGELISTIC ASSOCIATION
1 BILLY GRAHAM PKWY
CHARLOTTE
,
NC
28201
NONE
501(C)3
SOCIAL SERVICES
15,000
CITY OF HOPE
1500 DUARTE RD
DUARTE
,
CA
91010
NONE
501(C)3
SOCIAL SERVICES
10,000
ENDURING WORDS INC
444 SILVERSTONE DRIVE
JONESBORO
,
AR
72404
NONE
501(C)3
SOCIAL SERVICES
6,000
GOLDWATER INSTITUTE
500 E CORONADO RD
PHOENIX
,
AZ
85004
NONE
501(C)3
SOCIAL SERVICES
5,000
KINGDOM X
731 DRAYTON AVE
TWIN FALLS
,
ID
83301
NONE
501(C)3
SOCIAL SERVICES
50,000
LILY'S LEGACY SENIOR DOG SANCTUARY
PO BOX 751002
PETALUMA
,
CA
94975
NONE
501(C)3
ANIMAL WELFARE
2,000
SAMARITAN'S PURSE
PO BOX 3000
BOONE
,
NC
28607
NONE
501(C)3
SOCIAL SERVICES
15,000
SCRATCH MY BELLY RESCUE
PO BOX 3879
RANCHO SANTA FE
,
CA
92067
NONE
501(C)3
ANIMAL WELFARE
500
SHADOW MOUNTAIN COMMUNITY CHURCH
2100 GREENFIELD DR
EL CAJON
,
CA
92019
NONE
501(C)3
SOCIAL SERVICES
5,000
SKY SANCTUARY RESCUE
11445 E VIA LINDA STE 2427
SCOTTSDALE
,
AZ
85259
NONE
501(C)3
ANIMAL WELFARE
6,000
ST JOHN'S HEALTH FOUNDATION
1600 N ROSE AVE
OXNARD
,
CA
93030
NONE
501(C)3
HEALTH SERVICES
5,000
THUNDERBIRD CHARITIES
7226 N 16TH ST STE 100
PHOENIX
,
AZ
85020
NONE
501(C)3
SOCIAL SERVICES
85,000
WYOMING PUG RESCUE
608 MAIN ST
LANDER
,
WY
82520
NONE
501(C)3
ANIMAL WELFARE
8,500
WOMEN'S BOARD OF BARROW'S NEUROLOGICAL FOUNDATION
124 W THOMAS ROAD SUITE 250
PHOENIX
,
AZ
85013
NONE
501(C)3
HEALTH SERVICES
1,000
Total
.................................
3a
3,567,044
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2020)
Page 12
Form 990-PF (2020)
Page
12
Part XVI-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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
1,192,080
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
-841,256
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
350,824
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
350,824
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-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
(2020)
Page 13
Form 990-PF (2020)
Page
13
Part XVII
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?
...........
Yes
No
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.
2021-04-12
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
SPENCER WRIGHT
Preparer's Signature
Date
Check if self-
employed
PTIN
P01431672
Firm's name
TFO PHOENIX INC
Firm's EIN
45-3635408
Firm's address
5060 NORTH 40TH STREET SUITE 200
PHOENIX
,
AZ
85018
Phone no.
(602) 466-2611
Form
990-PF
(2020)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description