UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
06-30-2020
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
FOUNDATION RESOURCE MANAGEMENT INC
Address:
401 W CAPITOL AVE
SUITE 503
LITTLE ROCK, AR 72201
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Lauren Sanders
Title:
Portfolio Accounting Manager
Phone:
5015342685


Signature, Place, and Date of Signing:

Lauren Sanders
                         [Signature]
Little Rock, ARKANSAS
                 [City, State]
07-08-2020
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
54
Form 13F Information table Value Total:
325373
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABBVIE INCCOM00287y1094,24643,251SHSOLE43,151 0 100
APACHE CORPCOM03741110598572,946SHSOLE72,946 0 0
BAKER HUGHES A GE CO CL ACOM05722g10086756,347SHSOLE56,147 0 200
BANCORPSOUTH BANKCOM05971j10261126,886SHSOLE26,886 0 0
BARRICK GOLD CORPCOM06790110816,381608,067SHSOLE605,567 0 2,500
BERKSHIRE HATHAWAY CL BCOM08467070221,338119,536SHSOLE119,086 0 450
BERKSHIRE HATHAWAY HLD ACOM0846701081,3365SHSOLE5 0 0
CAMECO CORPCOM13321l1085,479534,512SHSOLE532,102 0 2,410
CENOVUS ENERGY, INC.COM15135U1091,563334,601SHSOLE334,071 0 530
CHEVRONCOM16676410013,321149,287SHSOLE148,987 0 300
CISCO SYSTEMSCOM17275R1027,557162,029SHSOLE161,376 0 653
CONOCOPHILLIPSCOM20825c10413,209314,355SHSOLE313,450 0 905
CORNINGCOM21935010513,299513,464SHSOLE511,364 0 2,100
DEVON ENERGYCOM25179m10378168,837SHSOLE68,837 0 0
DIAMOND OFFSHORE DRILLINGCOM25271C10268265,555SHSOLE264,465 0 1,090
EASTMAN CHEMICALCOM2774321002093,000SHSOLE3,000 0 0
EXXON MOBILCOM30231G10218,732418,877SHSOLE416,657 0 2,220
FEDERATED HERMES, INCCOM3142111035,724241,515SHSOLE240,315 0 1,200
FORD MOTORCOM34537086010717,680SHSOLE17,280 0 400
FRANKLIN RES INCCOM3546131018,811420,180SHSOLE418,380 0 1,800
FREEPORT-MCMORAN INC.COM35671d8573,042262,897SHSOLE262,237 0 660
GILEAD SCIENCES INCCOM37555810311,664151,603SHSOLE151,003 0 600
HP INCCOM40434L1056,178354,456SHSOLE352,756 0 1,700
IMPERIAL OIL LTDCOM45303840817210,725SHSOLE10,725 0 0
INTEL CORP.COM4581401005,79496,836SHSOLE96,136 0 700
JEFFERIES FINANCIAL GROUP INCCOM47233w10910,469673,225SHSOLE669,825 0 3,400
KRAFT HEINZ COMPANYCOM5007541069,524298,656SHSOLE297,156 0 1,500
LOEWSCOM5404241085,024146,516SHSOLE146,366 0 150
MARATHON PETROLEUM CORPCOM56585a1022115,634SHSOLE5,634 0 0
MERCK AND CO. INC.COM58933Y10518,683241,600SHSOLE240,360 0 1,240
MOSAICCOM61945c1038,044643,028SHSOLE640,328 0 2,700
NEWMONT GOLDCORPCOM65163910638,620625,524SHSOLE622,942 0 2,582
NOBLE ENERGYCOM6550441051,477164,803SHSOLE164,603 0 200
NOKIACOM6549022042,007456,158SHSOLE455,058 0 1,100
OVINTIV INCCOM69047q1021,303136,442SHSOLE135,636 0 806
PEMBINA PIPELINE CORPCOM7063271031,07442,950SHSOLE42,950 0 0
PERMIAN BASIN ROYALTY TRUSTCOM7142361062,673810,146SHSOLE807,341 0 2,805
PFIZERCOM71708110313,099400,567SHSOLE398,467 0 2,100
PHILLIPS 66COM7185461045,12371,255SHSOLE71,105 0 150
PILGRIM'S PRIDECOM72147k10825915,355SHSOLE15,355 0 0
PRECISION DRILLING CORPCOM74022d308359472,608SHSOLE469,508 0 3,100
RED RIVER BANCSHARES INCCOM75686r2022154,898SHSOLE 0 0 4,898
SAN JUAN BASIN ROYALTY TRUSTCOM7982411053716,125SHSOLE16,125 0 0
SANOFICOM80105n10512,320241,337SHSOLE240,137 0 1,200
SEACOR HOLDINGS INCCOM8119041013,563125,807SHSOLE125,257 0 550
SIMMONS FIRST NATIONALCOM82873020018811,014SHSOLE11,014 0 0
TECK RESOURCES LIMITED FCLASSCOM87874220411,2961,084,045SHSOLE1,078,945 0 5,100
TEJON RANCH COCOM8790801092,354163,488SHSOLE163,008 0 480
THE TRAVELERS COS., INC.COM89417e1093993,499SHSOLE3,499 0 0
TRANSOCEAN, LTDCOMH8817H100775423,592SHSOLE421,692 0 1,900
TSAKOS ENERGY NAVIGATION LTDCOMg9108l108953474,068SHSOLE473,568 0 500
TYSON FOODSCOM90249410368711,513SHSOLE11,513 0 0
VIACOMCBS INCCOM92556h20612,688544,078SHSOLE540,478 0 3,600
WAL-MART STORESCOM9311421034743,957SHSOLE3,957 0 0