Francis And Gertrude Levett Foundation — Form 990PF, tax year 2017

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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 12-01-2017 , and ending 11-30-2018
Name of foundation
FRANCIS AND GERTRUDE LEVETT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 16508
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAINT PETERSBURG, FL33733
A Employer identification number

59-3614021
B Telephone number (see instructions)

(727) 824-8710
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$31,041,153J 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) 363,064
2 Check bullet.............
3 Interest on savings and temporary cash investments 14,675 14,675  
4 Dividends and interest from securities... 653,064 653,064  
5a Gross rents............ 460,259 460,259  
b Net rental income or (loss) 330,442
6a Net gain or (loss) from sale of assets not on line 10 -6,500
b Gross sales price for all assets on line 6a 10,966,069
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........ 1,484,562 1,127,998  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 324,675 324,675   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 31,243 31,243   0
b Accounting fees (attach schedule)....... Click to see attachment 22,720 22,720   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,201 6,201   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 128,205 128,205  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,055 4,055   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,248 12,248   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 529,347 529,347   0
25 Contributions, gifts, grants paid....... 1,375,798 1,375,798
26 Total expenses and disbursements. Add lines 24 and 25 1,905,145 529,347   1,375,798
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -420,583
b Net investment income (if negative, enter -0-) 598,651
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......... 1,705,559 560,658 560,658
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) 50,705 Click to see attachment50,486 49,771
b Investments—corporate stock (attach schedule)....... 11,800,770 Click to see attachment12,092,710 13,812,441
c Investments—corporate bonds (attach schedule)....... 9,261,263 Click to see attachment9,822,065 9,418,283
11 Investments—land, buildings, and equipment: basis bullet7,200,000
Less: accumulated depreciation (attach schedule) bullet154,915 7,173,290 Click to see attachment7,045,085 7,200,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,991,587 29,571,004 31,041,153
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 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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 29,991,587 29,571,004
30 Total liabilities and net assets/fund balances (see instructions). 29,991,587 29,571,004
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
29,991,587
2
Enter amount from Part I, line 27a .....................
2
-420,583
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
29,571,004
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,571,004
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.)
1 a 4100 SH AT&T P 2017-09-22 2018-05-08
b 9600 SH AT&T P   2018-08-08
c 1075 SH ABBVIE INC P   2018-02-16
d 3475 SH ABBVIE INC P   2018-07-17
e 1050 SH AIR PRODUCTS & CHEMICAL P   2018-02-26
1700 SH AIR PRODUCTS & CHEMICAL P   2018-07-17
1975 SH BB&T CORP P   2018-05-08
1825 SH BANK OF MONTREAL P   2018-02-26
50000 SH BECTON DICKINSON P 2017-02-16 2018-02-01
2500 SH BERKSHIRE HATHAWAY P 2013-09-19 2018-08-15
750 SH BLACKROCK INC P 2018-02-26 2018-07-17
375 SH BOEING CO P 2016-08-31 2018-02-26
6875 BRISTOL MYERS SQUIBB P   2018-06-08
2725 SH CISCO SYS P   2018-06-05
5575 SH DOMINION RES INC P 2018-02-26 2018-04-16
4650 SH DUKE ENERGY P   2018-02-26
6950 SH ENBRIDGE INC COM P   2018-05-08
9111 SH ENBRIDGE INC COM P   2018-05-08
6900 SH FIDELITY NATIONAL FINANCIAL P 2018-02-26 2018-10-03
4075 SH GENUINE PARTS CO P   2018-10-03
50000 SH GOLDMAN SACH GROUP P 2016-11-01 2018-01-22
2500 SH HALLIBURTON CO SR P 2013-09-04 2018-08-01
19250 SH HANESBRAND P   2018-03-28
2575 SH INTERNATIONAL BUSINESS MACHINGES P 2017-12-15 2018-07-17
2875 SH JOHNSON & JOHNSON P   2018-02-26
1350 SH LOCKHEED MARTIN CORP P   2018-07-17
1000 SH MICROSOFT CORP P   2017-12-15
925 SH MICROSOFT CORP P 2016-08-31 2018-06-05
2025 PAYCHEK INC COMM P   2018-02-26
3800 SH PFIZER INC P   2018-02-26
25000 SH POTASH CORP P 2011-04-05 2017-12-01
2425 SH PROCTER & GAMBLE P   2018-05-08
7250 SH QUALCOM INC P   2018-05-08
7275 SH SOUTHERN CO P   2018-02-26
7325 SH STARBUCKS CORP P   2018-06-05
25000 SH TARGET CORP P 2009-01-06 2018-01-15
3150 TEXAS INSTRUMENTS P 2018-06-05 2018-10-03
825 SH 3M COMPANY P   2018-02-26
1175 SH 3M COMPANY P   2018-06-05
30000 SH VODAFONE P 2010-04-26 2018-07-15
5400 SH WELLTOWER INC P   2018-04-16
2200 SH WELLTOWER INC P   2018-04-16
4200 SH EATON CORP PLC P 2018-10-03 2018-11-14
2775 SH CHUBB LIMITED P   2018-06-05
3425 SH PROCTER & GAMBLE P   2018-06-05
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 130,012   157,719 -27,707
b 304,417   370,657 -66,240
c 129,670   68,685 60,985
d 332,953   214,980 117,973
e 173,466   148,275 25,191
264,691   241,236 23,455
107,343   70,058 37,285
143,274   117,434 25,840
497,008   506,989 -9,981
25,000   25,000 0
377,977   420,276 -42,299
135,666   48,744 86,922
356,008   385,318 -29,310
118,742   82,749 35,993
358,894   423,170 -64,276
362,682   355,373 7,309
216,585   257,936 -41,351
283,928   349,192 -65,264
270,601   278,483 -7,882
401,681   401,861 -180
500,000   500,000 0
25,000   25,000 0
356,046   436,274 -80,228
370,533   392,826 -22,293
379,865   326,698 53,167
428,989   361,514 67,475
85,260   40,392 44,868
94,081   53,234 40,847
135,073   107,988 27,085
140,165   131,864 8,301
25,000   25,000 0
173,465   206,893 -33,428
380,374   397,932 -17,558
320,434   358,005 -37,571
408,214   408,134 80
25,000   25,000 0
341,107   368,772 -27,665
199,930   143,385 56,545
236,469   208,429 28,040
30,000   30,000 0
283,344   365,401 -82,057
115,437   118,460 -3,023
305,796   369,884 -64,088
362,511   354,724 7,787
253,358   292,625 -39,267
20     20
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       -27,707
b       -66,240
c       60,985
d       117,973
e       25,191
      23,455
      37,285
      25,840
      -9,981
      0
      -42,299
      86,922
      -29,310
      35,993
      -64,276
      7,309
      -41,351
      -65,264
      -7,882
      -180
      0
      0
      -80,228
      -22,293
      53,167
      67,475
      44,868
      40,847
      27,085
      8,301
      0
      -33,428
      -17,558
      -37,571
      80
      0
      -27,665
      56,545
      28,040
      0
      -82,057
      -3,023
      -64,088
      7,787
      -39,267
      20
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 -6,500
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 417,505 9,243,619 0.045167
2017 0 1,853,944 0.000000
2016 89,000 1,675,228 0.053127
2015 89,935 1,596,784 0.056323
2014 86,542 1,424,095 0.060770
2
Total of line 1, column (d) .....................
2
0.215387
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
0.043077
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
30,791,184
5
Multiply line 4 by line 3......................
5
1,326,392
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,987
7
Add lines 5 and 6........................
7
1,332,379
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,375,798
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 5,987
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 0
3 Add lines 1 and 2........................... 3 5,987
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 5,987
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 3,240
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 3,240
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.......Bullet 9 2,747
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletSABAL TRUST COMPANY Telephone no.bullet (727) 824-8700

    Located atbullet101 CENTRAL AVENUESAINT PETERSBURGFL ZIP+4bullet33701
    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
     
    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 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
     
     
    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
    SABAL TRUST COMPANY CO TRUSTEE
    20.00     		225,175 0 1,367
    101 CENTRAL AVENUE
    SAINT PETERSBURG,FL33701
    PATRICIA ROTH CO TRUSTEE
    3.00     		58,875 0 2,688
    3300 1ST STREET
    OCEANSIDE,NJ115725208
    J BAIRD LEFTER CO TRUSTEE
    3.00     		40,625 0 0
    136 22ND AVENUE SE
    SAINT PETERSBURG,FL33705
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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.............bullet0
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    22,947,473
    b
    Average of monthly cash balances.......................
    1b
    1,112,612
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,200,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,260,085
    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
    31,260,085
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    468,901
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,791,184
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,539,559
    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
    1,539,559
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    5,987
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,987
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,533,572
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,533,572
    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
    1,533,572
    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
    1,375,798
    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
    1,375,798
    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
    5,987
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,369,811
    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 1,533,572
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016...... 485
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 485
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,375,798
    a Applied to 2018, 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 2019 distributable amount..... 1,375,798
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 485 485
    (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 0
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		157,289
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    OCEANSIDE COMM FOUNDATION
    17 STUART PLACE
    OCEANSIDE,NY11572     		    FOR MEDICAL ADVANCEMENT 12,500
    ST ANTHONY'S CATHOLIC CHURCH
    110 ANCHOR AVENUE
    OCEANSIDE,NY11572     		    FOR EDUCATION 10,000
    TAMPA BAY WATCH
    3000 PINELLAS BAYWAY SOUTH
    TIERRA VERDE,FL33715     		    FOR EDUCATION 25,000
    TAMPA BAY RESEARCH
    11208 BLUE HERON BLVD N
    ST PETERSBURG,FL33716     		    FOR RESEARCH 25,000
    R'CLUBHAPPY WORKER'S DAYCARE
    4140 49TH STREET N
    ST PETERSBURG,FL33709     		    FOR EDUCATION 150,000
    FAMILY PROMISE
    6201 22ND AVENUE N
    ST PETERSBURG,FL33710     		    FOR MEDICAL ADVANCEMENT 50,000
    JOHN HOPKINSACH
    501 6TH AVENUE S
    ST PETERSBURG,FL33701     		    FOR RESEARCH 50,000
    CASA
    PO BOX 414
    ST PETERSBURG,FL33731     		    FOR EDUCATIONFOR FAMILY ASSISTANCE 100,000
    CHILDREN'S DREAM FUND
    PO BOX 1881
    ST PETERSBURG,FL33731     		    FOR CHILDREN CARE 50,000
    ACADEMY PREP
    2301 22ND AVENUE S
    ST PETERSBURG,FL33712     		    FOR EDUCATION 50,000
    DALI MUSEUM
    ONE DALI BLVD
    ST PETERSBURG,FL33701     		    FOR EDUCATION 30,000
    EASTER SEALS
    2403 HENRY AVENUE
    TAMPA,FL33610     		    FOR DISABILITY ASSISTANCE 2,000
    MUSEUM OF FINE ARTS
    255 BEACH DRIVE NE
    ST PETERSBURG,FL33701     		    FOR EDUCATION 50,000
    OCEANSIDE COMMUNITY SERVICES
    17 STUART PLACE
    OCEANSIDE,NY11572     		    FOR MEDICAL ADVANCEMENT 25,000
    OCEANSIDE SCHOLARSHIP FUND
    3160 SKILLMAN AVENUE
    OCEANSIDE,NY11572     		    FOR EDUCATION 26,548
    STARTING RIGHT NOW
    5328 PRIMROSE LAKE CIRCLE
    TAMPA,FL33647     		    FOR EDUCATION 50,000
    WALDORF SCHOOL OF GARDEN CITY
    225 CAMBRIDGE AVENUE
    GARDEN CITY,NY11530     		    FOR EDUCATION 40,000
    YMCASPEER PRESCHOOL ACADEMY
    600 1ST AVENUE N
    ST PETERSBURG,FL33712     		    FOR EDUCATION 50,000
    ANSWERED PRAYERS PROJECT
    400 23RD STREET S
    ST PETERSBURG,FL33712     		    FOR EDUCATION 20,000
    KIND MOUSE
    1801 16TH STREET N
    ST PETERSBURG,FL33704     		    FOR MEDICAL ADVANCEMENT 20,000
    ST PETERSBURG FREE CLINIC
    863 3RD AVENUE N
    ST PETERSBURG,FL33701     		    FOR MEDICAL ADVANCEMENT 125,000
    SUNCOAST HOSPICE FOUNDATION
    5771 ROOSEVELT BLVD
    CLEARWATER,FL33760     		    FOR EDUCATION 50,000
    ALL CHILDREN'S HOSPITAL
    501 6TH AVENUE S
    ST PETERSBURG,FL11561     		    FOR EDUCATION 50,000
    ANCHOR PROJECT FUND INC
    630 LIDO BLVD
    LIDO BEACH,NY11561     		    FOR MEDICAL ADVANCEMENT 117,000
    ALLIANCE FOR WEEDON ISLAND
    1500 WEEDON DRIVE NE
    ST PETERSBURG,FL33702     		    FOR EDUCATION 50,000
    GREAT EXPLORATIONS
    1925 FOURTH STREET N
    ST PETERSBURG,FL33704     		    FOR MEDICAL ADVANCEMENT 50,000
    LION'S EYE INSTITUTE
    1410 NORTH 21ST STREET
    TAMPA,FL33602     		    FOR EDUCATION 97,750
    Total .................................bullet 3a 1,375,798
    bApproved for future payment
    Total .................................bullet 3b 0
    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 14,675  
    4 Dividends and interest from securities....     14 653,064  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 330,442  
    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 -6,500  
    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).. 0 991,681 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    991,681
    (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
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
     
    Employer identification number

    59-3614021
    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
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
          		Employer identification number
    59-3614021
    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
    GERTRUDE LEVETT IRREV TRUST DTD 21991
     
    PO BOX 16508
     
    ST PETERSBURG, FL33733

    		$ 363,064


    (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
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
          		Employer identification number

    59-3614021
    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
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
          		Employer identification number

    59-3614021
    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:  

    TY 2017 AccountingFeesSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      22,720 22,720   0

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

    TY 2017 DepreciationSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 2017-09-07 1,665,000   L   0 0    
    BUILDING 2017-09-07 1,935,000 10,337 SL 39.000000000000 49,615 49,615    
    LAND 2017-09-07 535,000   L   0 0    
    BUILDING 2017-09-07 3,065,000 16,373 SL 39.000000000000 78,590 78,590    

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHUESER-BUSCH INBEV 49,537 47,182
    APPLE INC NOTE DTD 05/3/13 503,242 476,680
    APPLE INC SR NT DTD 05/13/15 50,321 48,975
    BERKSHIRE HATHAWAY INC NOTE 500,821 484,390
    CSX CORP SR NT DTD 07/21/14 508,781 490,550
    CHEVRON CORP SR GLBL NT 503,708 496,250
    CISCO SYSTEMS INC SR GLBL 495,342 480,435
    COCA-COLA CO NOTE DTD 11/15/10 25,175 24,990
    WALT DISNEY CO MTN DTD 495,762 479,695
    DU PONT E I DE NEMOURS & CO 25,116 24,849
    GENERAL ELECT CAP CORP MTN 512,241 446,760
    GENERAL MILLS INC NT DTD 11/28/11 50,538 49,031
    GOLDMAN SACHS GROUP INC MTN 503,407 477,450
    INTEL CORP SR NT DTD 12/11/12 50,170 48,674
    INTERNATIONAL BUSINESS MACHINES NT DTD 5/11/12 49,449 49,766
    INTERNATIONAL BUSINESS MACHINES SR GLBL NT DTD 11/18/09 505,153 483,315
    JPMORGAN CHASE & CO FR MTN DTD 10/22/14 503,065 495,865
    LOCKHEED MARTIN CORP SR 25,051 25,238
    LOCKHEED MARTIN CORP SR 503,307 491,430
    MERCK & CO INC SR NT DTD 510,027 476,320
    MORGAN STANLEY PERP MTN DTD 6/16/15 508,249 495,110
    ORACLE CORP NT DTD 7/16/13 25,020 24,986
    PEPSICO INC NOTE DTD 7/30/13 25,007 24,990
    PFIZER INC NOTE DTD 5/15/14 517,386 496,555
    RAYTHEON CO SSR NT DTD 10/20/10 50,601 50,014
    VERIZON COMMUNICATIONS INC SR NT DTD 10/29/14 539,999 517,655
    WELLPOINT INC SR NT DTD 5/7/12 49,671 48,975
    ORACLE CORP NT DTD 5/5/15 509,753 484,345
    AMGEN INC SR GLBL NT 481,149 466,485
    EXXON MOBIL CORP SR GLBL NT DTD 247,360 239,988
    PEPSICO INC DTD 2/24/16 497,657 471,335

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMGEN INC 392,089 505,006
    APPLE INC 214,019 294,657
    BB&T CORP 294,359 351,313
    BANK OF MONTREAL COM 247,575 260,750
    BOEING CO 180,093 407,443
    CME GROUP INC 344,690 465,696
    CISCO SYSTEMS INC 271,125 417,666
    DUKE ENERGY 236,358 267,924
    EXXON MOBIL CORP 401,879 373,650
    MICROSOFT CORP 232,072 418,610
    PAYCHEX INC 248,648 297,192
    PEPSICO INC 345,317 414,596
    PFIZER INC 379,411 530,489
    PUBLIC STORAGE 391,054 389,199
    SOUTHERN CO 233,329 248,483
    UNITED PARCEL SERVICE 389,562 417,926
    MEDTRONIC PLC SHS 386,156 473,020
    AFLAC INC 421,070 427,669
    AMERICAN WATER WORKS CO 274,362 298,156
    ARCHER-DANIELS-MIDLAND CO 402,281 387,719
    AUTOMATIC DATA PROCESSING INC 255,504 280,098
    DIAGEO PLC SPONSORED ADR 250,876 245,395
    EMERSON ELECTRIC DO 363,442 337,600
    GENERAL MILLS INC 299,941 279,246
    HOME DEPOT INC 362,527 369,656
    JPMPORGAN CHASE & CO COM 422,862 397,504
    MCDONALDS CORP 374,801 428,860
    MERCK & CO 386,381 497,859
    NEXTERA ENERGY INC 270,963 291,645
    OCCIDENTAL PETROLEUM 270,342 281,080
    PROLOGIS INC 391,529 412,458
    ROYAL DUTCH SHELL PLC 259,118 223,308
    SYSCO CORP 363,669 390,920
    UNILEVER PLC SPONSORED ADR 401,936 392,245
    VERIZON COMMUNICATIONS 358,608 459,788
    WALGREENS BOOTS ALLIANCE INC 368,790 422,927
    WASTE MANAGEMENT INC 405,972 454,688

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    US Government Securities - End of Year Book Value:

    50,486
    US Government Securities - End of Year Fair Market Value:

    49,771
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2017 InvestmentsLandSchedule2
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 1,665,000 0 1,665,000  
    BUILDING 1,935,000 59,952 1,875,048  
    LAND 535,000 0 535,000  
    BUILDING 3,065,000 94,963 2,970,037  

    TY 2017 LegalFeesSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      31,243 31,243   0


    TY 2017 OtherExpensesSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE FEES 331 331   0
    MISCELLANEOUS 10,305 10,305   0
    INSURANCE 1,612 1,612   0


    TY 2017 SubstantialContributorsSch
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Name Address
    GERTRUDE LEVETT IRREV TRUST DTD 21991
          		PO BOX 16508
    ST PETERSBURG,FL33733


    TY 2017 TaxesSchedule
    Name:
    FRANCIS AND GERTRUDE LEVETT FOUNDATION
    EIN:
    59-3614021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 3,667 3,667   0
    INCOME TAX 2,534 2,534   0