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. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2017 , and ending 12-31-2017
Name of foundation
THE CARY FOUNDATION INC
C/O TINSLEY & TERRY CPAS PA
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 11848
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLESTON, WV253391848
A Employer identification number

56-2002202
B Telephone number (see instructions)

(304) 415-1263
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$9,020,583J 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) 500,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 89,968 89,968  
4 Dividends and interest from securities... 31,194 31,194  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -4,921
b Gross sales price for all assets on line 6a 109,944
7 Capital gain net income (from Part IV, line 2)...  
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 1,765,025 1,870,898 -105,873
12 Total. Add lines 1 through 11........ 2,381,266 1,992,060 -105,873
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,026,965   1,026,965  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,676 4,496    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,031,641 4,496 1,026,965 0
25 Contributions, gifts, grants paid....... 576,375 576,375
26 Total expenses and disbursements. Add lines 24 and 25 1,608,016 4,496 1,026,965 576,375
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 773,250
b Net investment income (if negative, enter -0-) 1,987,564
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,730,602 3,587,119 3,587,119
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment1,861,121 1,972,133
c Investments—corporate bonds (attach schedule).......   Click to see attachment1,349,681 1,346,557
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,192,903 Click to see attachment1,626,842 2,061,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment53,774 Click to see attachment53,774
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,923,505 8,478,537 9,020,583
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,468,732  
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,454,773 8,478,537
29 Total net assets or fund balances (see instructions)..... 6,923,505 8,478,537
30 Total liabilities and net assets/fund balances (see instructions). 6,923,505 8,478,537
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,923,505
2
Enter amount from Part I, line 27a .....................
2
773,250
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
781,787
4
Add lines 1, 2, and 3 ..........................
4
8,478,542
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,478,537
Form 990-PF (2019)
Form 990-PF (2019)
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 522,663 7,067,135 0.073957
2017 259,755 3,888,145 0.066807
2016 345,367 3,641,707 0.094837
2015 266,732 3,263,248 0.081738
2014 315,181 2,830,660 0.111345
2
Total of line 1, column (d) .....................
2
0.428684
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.085737
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
8,816,722
5
Multiply line 4 by line 3......................
5
755,919
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
19,876
7
Add lines 5 and 6........................
7
775,795
8
Enter qualifying distributions from Part XII, line 4,.............
8
576,375
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
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 Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 39,751
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% 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  
3 Add lines 1 and 2........................... 3 39,751
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 39,751
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 35,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,064
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 14,185
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet14,185 RefundedBullet 11  
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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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 addressbulletN/A
    14
    The books are in care ofbulletA BRAY CARY JR Telephone no.bullet (304) 345-7711

    Located atbulletPO BOX 11848CHARLESTONWV ZIP+4bullet253391848
    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 2019, 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 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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
     
    ........bullet
    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 2019?.............
    1c
     
     
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2019 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 2019.)..................
    3b
     
    No
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    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?..........
    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?.....................
    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?
    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? .................
    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
    A BRAY CARY JR PRESIDENT
    000.00     		0 0 0
    8386 LIVERPOOL RD
    SANDYVILLE,WV252756725
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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.............bullet  
    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  
    2  
    3  
    4  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    4,695,707
    b
    Average of monthly cash balances.......................
    1b
    4,244,706
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,574
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,950,987
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,950,987
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    134,265
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,816,722
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    440,836
    Part XI
    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 X, line 6....................
    1
    440,836
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    39,751
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,751
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    401,085
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    401,085
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    401,085
    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
    576,375
    b
    Program-related investments—total from Part IX-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 V, line 8, and Part XIII, line 4
    4
    576,375
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    576,375
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 401,085
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 180,104
    b From 2015...... 108,744
    c From 2016...... 168,703
    d From 2017...... 70,725
    e From 2018...... 203,466
    fTotal of lines 3a through e........ 731,742
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 576,375
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount..... 401,085
    e Remaining amount distributed out of corpus 175,290
    5 Excess distributions carryover applied to 2019.    
    (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 5 907,032
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. 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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		180,104
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		726,928
    10 Analysis of line 9:
    a Excess from 2015.... 108,744
    b Excess from 2016.... 168,703
    c Excess from 2017.... 70,725
    d Excess from 2018.... 203,466
    e Excess from 2019.... 175,290
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    A BRAY CARY JR
    PO BOX 11848
    CHARLESTON,WV253391848
    (304) 345-7711
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUESTS FOR DONATIONS SHOULD BE SUBMITTED TO THE BOARD OF DIRECTORS. FOUNDATION ONLY MAKES DISTRIBUTIONS TO EXISTING 501 (C) (3) ORGANIZATIONS. PROOF OF EXEMPT STATUS SHOULD BE INCLUDED IN APPLICATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOUNDATION ONLY MAKES DISTRIBUTIONS TO IRC SECTION 501 (C) (3) ORGANIZATIONS.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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)
    aPaid during the year
    WEST VIRGINIA NETWORK
    837 CHESTNUT RIDGE RD
    MORGANTOWN,WV26505     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 10,000
    WV CHILD ADVOCACY NETWORK
    601 MORRIS ST 202
    CHARLESTON,WV25301     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 85,000
    CHRIST CHURCH
    1412 PROVIDENCE RD
    CHARLOTTE,NC28207     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 5,000
    BUCKSKIN COUNCIL BOY SCOUTS
    2829 KANAWHA BLLVD
    CHARLESTON,WV25311     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 25,000
    LYONS AVENUE BIBLE CHURCH
    509 LYONS AVE
    COLONIAL HEIGHTS,VA23834     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 5,000
    JACKSON COUNTY COMMISSION ON AGING
    214 EAST MAIN ST
    RIPLEY,WV25271     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 5,000
    CLAY CENTER FOR ARTS & SCIENCES
    1 CLAY SQUARE
    CHARLESTON,WV25301     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 20,000
    FACIAL PARALYSIS & BELLS PALSEY
    9401 WILSHIRE BLVD
    BEVERLY HILLS,CA90212     		NONE PUBLIC CHARI UNRESTRICTED CAS DONATION 10,000
    READ ALOUD
    9891 MONTGOMERY ROAD
    CINCINNATI,OH45242     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 4,000
    JACKSON COUNTY PUBLIC LIBRARY
    208 N CHURCH ST
    RIPLEY,WV25271     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 3,000
    COVENANT HOUSE
    461 EIGHT AVENUE
    NEW YORK,NY10001     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 12,000
    SALVATION ARMY
    301 TENNESSEE AVE
    CHARLESTON,WV25302     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 10,000
    REA OF HOPE
    1429 LEE ST E
    CHARLESTON,WV25301     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 10,000
    YMCA OF KANAWHA VALLEY
    100 YMCA DR
    CHARLESTON,WV25311     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 59,347
    BANCROFT CHURCH OF GOD
    5936 CHARLESTON RD
    BANCROFT,WV25011     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 2,000
    UNIVERSITY OF CHARLESTON
    2300 MACCORKLE AVE SE
    CHARLESTON,WV25304     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 64,620
    GREATER KANAWHA VALLEY FOUNDATION
    900 LEE ST E 1600
    CHARLESTON,WV25301     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 102,500
    RELIGIOUS COALITION FOR COMMUNITY
    1516 WASHINGTON ST E
    CHARLESTON,WV25311     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 1,924
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 26,105
    NORTHEASTERN UNIVERSITY
    101 N TRYON ST 1100
    CHARLOTTE,NC28246     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 36,257
    YALE UNIVERSITY
    YALE UNIVERSITY
    NEW HAVEN,CT06520     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 69,622
    NATIONAL YOUTH SCIENCE FOUNDATION
    1 CLAY SQUARE
    CHARLESTON,WV25301     		NONE PUBLIC CHARI UNRESTRICTED CASH DONATION 10,000
    Total .................................bullet 3a 576,375
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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.)
    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 89,968  
    4 Dividends and interest from securities....     14 31,194  
    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.....     14 1,870,898  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        -4,921
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aWV MEDIA HLDNGS UBIT FROM K     		515100 -30,724      
    bWV MEDIA PTRSGP UBIT FROM K 515100 -31,805      
    cWV MEDIA PTRLP UBIT FROM K 515100 -5,286      
    dEQT MIDSTREAM PARTNERS LP U 211110 12,491      
    eEQT GP HOLDINGS, LP UBIT FR 211110 -15,314      
    fEQT MIDSTREAM PARTNERS LP 211110 -23,887      
    gEQT GP HOLDINGS LP 211110 -10,089      
    hEQT MIDSTREAM PTRS IRC 1231     18 -411  
    iEQT GP HOLDINGS, LP IRC 123     18 -137  
    jEQT MIDSTREAM PTRS IRC 1231     18 -543  
    kEQT GP HOLDINGS LP IRC 1231     18 -168  
    12 Subtotal. Add columns (b), (d), and (e).. -104,614 1,990,801 -4,921
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,881,266
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 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 (2019)
    Form 990-PF (2019)
    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? ...........
    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 instr.)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2019
    Name of the organization
    THE CARY FOUNDATION INC
    C/O TINSLEY & TERRY CPAS PA
    Employer identification number

    56-2002202
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
    Name of organization
    THE CARY FOUNDATION INC
    C/O TINSLEY & TERRY CPAS PA         		Employer identification number
    56-2002202
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    A BRAY CARY JR
    PO BOX 11848
     
    CHARLESTON, WV253391848

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 3
    Name of organization
    THE CARY FOUNDATION INC
    C/O TINSLEY & TERRY CPAS PA         		Employer identification number

    56-2002202
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 4
    Name of organization
    THE CARY FOUNDATION INC
    C/O TINSLEY & TERRY CPAS PA         		Employer identification number

    56-2002202
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2017 GainLossSaleOtherAssetsSch
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    250 CHEVRON CORP 2017-02 PURCHASE 2017-03   26,999 28,310     -1,311  
    600 CONOCO 2017-02 PURCHASE 2017-03   27,581 29,604     -2,023  
    450 TARGET 2017-02 PURCHASE 2017-03   24,614 29,261     -4,647  
    3000 STAPLES INC 2017-02 PURCHASE 2017-09   30,750 27,690     3,060  

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MICROSOFT CORP 49,693 49,332
    HUMANA CORP 50,700 50,211
    ALTRIA GROUP 50,804 50,323
    JP MORGAN 50,317 49,967
    NATIONAL RURAL UTIIL 50,222 49,830
    WELLS FARGO 50,362 49,891
    APPLE 50,273 49,850
    GEORGIA POWER 75,259 74,516
    EI DUPONT 75,763 74,934
    AMGEN 75,524 74,585
    XEROX 75,558 74,867
    SCANA 34,081 33,702
    AMERICAN EXPRESS 76,166 75,243
    SHERWIN WILLIAMS 50,557 50,793
    COMCAST 50,427 51,314
    STATE STREET 51,762 51,960
    PHILLIP MORRIS 48,437 48,961
    DISCOVER FINANCIAL 71,243 69,983
    WELLS FARGO 51,341 52,431
    CATERPILLAR 43,405 43,106
    ORACLE 47,872 48,747
    JP MORGAN CHASE 48,047 49,112
    AFLAC INC 48,558 49,134
    GLEAD SCIENCE 73,310 73,765

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Name of Stock End of Year Book Value End of Year Fair Market Value
    18900 EQT CORP 1,012,964 1,075,788
    400 ALTRIA GROUP 28,966 28,564
    475 ABBVIE 28,892 45,937
    725 AT&T 29,541 28,188
    225 APPLE INC. 30,074 38,077
    50 BRIGHTHOUSE 3,229 2,932
    2500 CBL & ASSOC 26,895 14,150
    1225 CENTURYLINK 30,156 20,433
    300 CATERPILLAR 29,288 47,274
    950 CISCO SYSTEMS 30,084 36,385
    2400 FORD MOTOR CO 30,264 29,976
    1000 GENERAL ELECTRIC 29,820 17,450
    1900 HP INC 29,931 39,919
    200 HOME DEPOT 27,938 37,906
    825 INTEL CORP 29,227 38,082
    325 JP MORGAN 28,670 34,755
    250 JOHNSON AND JOHNSON 28,906 34,930
    325 KRAFT HEINZ 29,234 25,272
    225 KIMBERLY CLARK 27,829 27,148
    115 LOCKHEED MARTIN 30,174 36,921
    550 METLIFE 26,260 27,808
    925 MACYS 30,180 23,301
    450 MERCK AND CO 29,023 25,321
    1850 NEW RESIDENTIAL INVT 29,625 33,078
    825 PPL CORPORATION 29,227 25,534
    140 BROADCOM LTD 28,832 35,966
    450 SIEMENS 28,841 31,172
    1250 STARWOOD PPTY TR 28,621 26,687
    1100 UNITI GROUP 29,335 19,569
    600 VERIZON 29,034 31,758
    525 WELLS FARGO 30,061 31,852

    TY 2017 InvestmentsOtherSchedule2
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WEST VIRGINIA MEDIA PARTNERS GP, LLC FMV    
    WEST VIRGINIA MEDIA HOLDINGS, LLC FMV    
    EQT MIDSTREAM PARTNERS LP AT COST 150,431 877,200
    EQT MIDSTREAM PARTNERS LP AT COST 928,187 752,930
    WEST VIRGINIA MEDIA PARTNERS LP FMV    
    EQT GP HOLDINGS, LP AT COST 267,999 165,435
    EQT GP HOLDINGS LP AT COST 180,225 165,435
    PTP OTHER AT COST 100,000 100,000

    TY 2017 OtherAssetsSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM EQT MIDSTREAM   43,860 43,860
    DUE FROM EQT HOLDINGS   9,914 9,914


    TY 2017 OtherDecreasesSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Description Amount
    NONDEDUCTIBLE EXPENSES - WV MEDIA PTNRS GP 1
    NONDEDUCTIBLE EXPENSES - WV MEDIA HOLDINGS, LLC 1
    NONDEDUCTIBLE EXPENSES - EQT MIDSTREAM PARTNERS LP 3


    TY 2017 OtherExpensesSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES-02163 4,496 4,496    
    BANK CHARGES 180      
    WV MEDIA HOLDINGS - CHARITABL        
    WV MEDIA PARTNERS - CHARITABL        
    WV MEDIA PARTNERS - CHARITABL        


    TY 2017 OtherIncomeSchedule2
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GAINS WEST VIRGINIA MEDIA PTN 106,009 106,009  
    GAINS WEST VIRGINIA MEDIA LP 854,450 854,450  
    GAINS WEST VIRGINIA MEDIA HOL 608,758 608,758  
    WEST VIRGINIA MEDIA BASIS 301,681 301,681  
    WV MEDIA HLDNGS UBIT FROM K-1 -30,724   -30,724
    WV MEDIA PTRSGP UBIT FROM K-1 -31,805   -31,805
    WV MEDIA PTRLP UBIT FROM K-1 -5,286   -5,286
    EQT MIDSTREAM PARTNERS LP UBI 12,491   12,491
    EQT GP HOLDINGS, LP UBIT FROM -15,314   -15,314
    EQT MIDSTREAM PARTNERS LP -23,887   -23,887
    EQT GP HOLDINGS LP -10,089   -10,089
    EQT MIDSTREAM PTRS IRC 1231 -411   -411
    EQT GP HOLDINGS, LP IRC 1231 -137   -137
    EQT MIDSTREAM PTRS IRC 1231 -543   -543
    EQT GP HOLDINGS LP IRC 1231 -168   -168


    TY 2017 OtherIncreasesSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Description Amount
    CORRECTION TO EQT PTP BASIS 781,787


    TY 2017 TaxesSchedule
    Name:
    THE CARY FOUNDATION INC
     
    C/O TINSLEY & TERRY CPAS PA
    EIN:
    56-2002202
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 64,465   64,465  
    FEDERAL INCOME TAX 990-T 962,500   962,500