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
THE JACKSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)104 SHOCKOE SLIP SUITE 2B
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23219
A Employer identification number

54-1186114
B Telephone number (see instructions)

(804) 648-1418
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$16,677,917J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 17 17  
4 Dividends and interest from securities... 331,576 331,576  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,266,217
b Gross sales price for all assets on line 6a 5,209,267
7 Capital gain net income (from Part IV, line 2)... 1,266,217
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........ 1,597,810 1,597,810  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 55,540 55,540   0
14 Other employee salaries and wages...... 24,950 24,950   0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 190 190   0
b Accounting fees (attach schedule)....... Click to see attachment 6,480 6,480   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,421 8,837   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 12,000 12,000   0
21 Travel, conferences, and meetings....... 1,002 1,002   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 83,741 83,741   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 216,324 192,740   0
25 Contributions, gifts, grants paid....... 822,400 822,400
26 Total expenses and disbursements. Add lines 24 and 25 1,038,724 192,740   822,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 559,086
b Net investment income (if negative, enter -0-) 1,405,070
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............. 464,124 388,324 388,324
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) 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) 2 0 0
b Investments—corporate stock (attach schedule)....... 5,204,300 Click to see attachment5,338,159 7,532,014
c Investments—corporate bonds (attach schedule)....... 1,109,072 Click to see attachment1,033,464 1,015,312
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,369,511 Click to see attachment6,983,195 7,742,267
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) 13,147,009 13,743,142 16,677,917
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment5,976
23 Total liabilities (add lines 17 through 22)......... 0 5,976
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........ 12,376,060 12,376,060
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 770,949 1,361,106
29 Total net assets or fund balances (see instructions)..... 13,147,009 13,737,166
30 Total liabilities and net assets/fund balances (see instructions). 13,147,009 13,743,142
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
13,147,009
2
Enter amount from Part I, line 27a .....................
2
559,086
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
31,071
4
Add lines 1, 2, and 3 ..........................
4
13,737,166
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
13,737,166
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 LITIGATION PROCEEDS P    
b JANUS HENDERSON FUND P    
c GARRETT MOTION INC P    
d GARRETT MOTION INC P    
e GLENCORE PLC UNSPON ADR P    
GLENCORE PLC UNSPON ADR P    
ISHS INTRM GOV ETF P    
ORACLE CORP P    
ORACLE CORP P    
RESIDEO TECHS INC P    
RESIDEO TECHS INC P    
AT&T INC 3.4 081424 P    
CAPITAL ONE 2.5 051220 P    
SOUTHERN CO 3.25 070126 P    
ACCENTURE PLC IRELD CL A P    
ADOBE SYSTEMS INC DEL P    
ADOBE SYSTEMS INC DEL P    
ADOBE SYSTEMS INC DEL P    
ALPHABET INC C P    
AMERICAN TOWER CORP NEW P    
AMERICAN TOWER CORP NEW P    
AMERISOURCEBERGEN CORP P    
AMERISOURCEBERGEN CORP P    
AMGEN INC P    
BROOKFIELD ASSET MGMNT A P    
CME GROUP INC CL A P    
CAPITAL ONE FINL CORP P    
CAPITAL ONE FINL CORP P    
CAPITAL ONE FINL CORP P    
CAPITAL ONE FINL CORP P    
CARMAX INC P    
CELGENE CORP P    
CHEVRON CORP P    
CITIGROUP INC NEW P    
CITIGROUP INC NEW P    
DANAHER CORP P    
WALT DISNEY CO P    
ECOLAB INC P    
ECOLAB INC P    
EXXON MOBIL CORP P    
ISHS 7-10Y TRSY ETF P    
ISHS 7-10Y TRSY ETF P    
ISHS U S HOME CONSTR ETF P    
ISHS INTRM GOV ETF P    
JPMORGAN CHASE & CO P    
JOHNSON CTLS INTL PLC P    
JOHNSON & JOHNSON P    
JOHNSON & JOHNSON P    
LIBERTY MEDIA CORP C P    
LIBERTY MEDIA CORP C P    
MARATHON PETROLEUM CORP P    
MASTERCARD INC A P    
NESTLE S A SPON ADR P    
NIKE INC B P    
PEPSICO INC P    
PRICELINE GROUP INC P    
PRICELINE GROUP INC P    
SCHLUMBERGER LTD P    
SCHLUMBERGER LTD P    
SCHLUMBERGER LTD P    
SCHLUMBERGER LTD P    
SCHLUMBERGER LTD P    
SOUTHWEST AIRLINES CO P    
STARBUCKS CORP P    
UNION PACIFIC CORP P    
VISA INC CLASS A P    
WEYERHAEUSER COMPANY P    
AMAZON COM 3.3 120521 P    
APPLE INC 3.2 051325 P    
AUTOMATIC DAT2.25 091520 P    
BAC MTN 2.65 040119 P    
GECC MTN 4.65 101721 P    
FORD MOTOR 4.346 120826 P    
ADVANCED AUTO PARTS P    
ADVANCED AUTO PARTS P    
ALLERGAN PLC P    
ALLSTATE CORP P    
ALLSTATE CORP P    
ALLSTATE CORP P    
AMC NETWORKS-A P    
AMC NETWORKS-A P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
AVNET INC P    
AVNET INC P    
AVNET INC P    
AVNET INC P    
BERKSHIRE HATHAWAY INC-CL P    
CARDINAL HEALTH INC P    
CARDINAL HEALTH INC P    
CIGNA CORP P    
CISCO SYSTEMS INC P    
CISCO SYSTEMS INC P    
CIT GROUP INC P    
CITIGROUP INC P    
COCA COLA CO P    
COMCAST CORP-CL A P    
COMCAST CORP-CL A P    
DELL TECHNOLOGIES INC CL V P    
DELL TECHNOLOGIES INC CL V P    
DELL TECHNOLOGIES INC CL V P    
DELL TECHNOLOGIES INC CL V P    
DISH NETWORK CORP CL A P    
DISH NETWORK CORP CL A P    
DOMINION ENERGY INC P    
DOMINION ENERGY INC P    
DXC TECHNOLOGY CO P    
EBAY INC P    
EXPRESS SCRIPTS HLDG CO P    
FEDERATED US TRSY CASH RES-1#125 FFS P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FNMA PL #555455 6.000% 4/01/18 P    
FNMA PL #555455 6.000% 4/01/18 P    
FORD MOTOR CO DEL P    
GILEAD SCIENCES INC P    
HEWLETT PACKARD ENTERPRISE P    
JETBLUE AIRWAYS CORP P    
KAR AUCTION SERVICES INC P    
KAR AUCTION SERVICES INC P    
KELLOGG CO P    
LABORATORY CORP P    
LABORATORY P    
LIBERTY INTERACTIVE P    
LIBERTY INTERACTIVE P    
LIBERTY INTERACTIVE P    
LIBERTY INTERACTIVE P    
LIBERTY INTERACTIVE P    
LIBERTY INTERACTIVE CORP QVC GROUP P    
LOEWS CORPORATION P    
MCKESSON COPR P    
NATL GRID PLC P    
NETAPP INC. P    
NETAPP INC. P    
NETAPP INC. P    
NEWS CORP/NEW A P    
NEWS CORP/NEW B P    
NEWS CORP/NEW B P    
NEWS CORP/NEW B P    
PFIZER INC P    
PFIZER INC P    
PFIZER INC P    
PFIZER INC P    
PPL CORP P    
PROGRESSIVE CORP OHIO P    
PROGRESSIVE CORP OHIO P    
PROGRESSIVE CORP OHIO P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
RANGE RESOURCES CORP P    
RANGE RESOURCES CORP P    
RANGE RESOURCES CORP P    
RANGE RESOURCES CORP P    
RANGE RESOURCES CORP P    
SOUTHWEST AIRLINES CO P    
TARGET CORP P    
TARGET CORP P    
TARGET CORP P    
TARGET CORP P    
TORCHMARK CORP P    
TWENTY-FIRST CENTURY P    
TWENTY-FIRST CENTURY P    
UNITED CONTINENTAL HOLDINGS INC COM P    
UNITED CONTINENTAL HOLDINGS INC COM P    
VERIZON COMMUNICATIONS INC P    
WESTERN DIGITAL CORP P    
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 183     183
b 200,000   165,248 34,752
c 2   2 0
d 678   665 13
e 49,627   65,563 -15,936
17,893   21,101 -3,208
38,491   39,853 -1,362
55,742   63,485 -7,743
17,032   20,397 -3,365
1,568   1,766 -198
20   21 -1
35,350   35,078 272
34,496   35,212 -716
27,888   29,709 -1,821
21,807   4,833 16,974
14,289   6,108 8,181
19,484   8,826 10,658
20,357   6,941 13,416
12,024   1,826 10,198
9,376   1,919 7,457
7,934   3,969 3,965
73,620   34,023 39,597
15,024   11,901 3,123
53,949   27,771 26,178
13,407   6,379 7,028
14,061   6,107 7,954
3,594   1,746 1,848
8,063   4,282 3,781
14,086   10,030 4,056
14,545   7,080 7,465
16,563   4,880 11,683
61,489   44,384 17,105
12,540   10,401 2,139
3,631   2,657 974
10,893   8,513 2,380
14,197   2,575 11,622
57,578   17,849 39,729
6,286   4,831 1,455
17,285   13,410 3,875
53,099   8,603 44,496
35,614   36,121 -507
4,594   4,711 -117
13,087   10,593 2,494
4,277   4,414 -137
14,434   5,785 8,649
44,680   56,206 -11,526
12,619   8,384 4,235
1,402   1,039 363
50,013   27,765 22,248
11,647   7,831 3,816
20,942   11,613 9,329
16,769   7,668 9,101
14,696   12,941 1,755
26,754   17,083 9,671
13,038   6,812 6,226
43,743   28,371 15,372
39,939   24,650 15,289
12,538   21,036 -8,498
7,833   17,355 -9,522
12,581   26,285 -13,704
10,919   17,596 -6,677
13,056   17,278 -4,222
15,463   11,331 4,132
43,277   36,780 6,497
14,738   8,723 6,015
30,802   16,511 14,291
62,420   53,597 8,823
35,109   35,261 -152
29,534   30,624 -1,090
29,649   30,333 -684
65,371   65,296 75
61,439   60,549 890
33,678   35,106 -1,428
22,705   14,407 8,298
45,497   20,582 24,915
9,273   11,986 -2,713
13,571   9,630 3,941
33,937   21,213 12,724
28,971   18,000 10,971
12,055   12,101 -46
26,470   26,879 -409
27,471   21,699 5,772
4,175   3,100 1,075
13,973   9,260 4,713
29,162   29,124 38
19,598   17,658 1,940
20,893   17,807 3,086
31,944   27,259 4,685
24,912   21,177 3,735
23,410   23,044 366
28,996   26,215 2,781
20,761   5,473 15,288
34,882   21,907 12,975
15,543   8,212 7,331
14,603   7,639 6,964
24,660   13,927 10,733
1,220   1,073 147
21,888   23,856 -1,968
26,473   25,388 1,085
16,167   11,898 4,269
46,692   29,017 17,675
25,345   13,529 11,816
38,341   20,730 17,611
4,598   6,318 -1,720
14,670   21,481 -6,811
33,223   35,675 -2,452
7,345   7,348 -3
12,311   8,526 3,785
36,748   21,855 14,893
32,658   25,352 7,306
879,691   879,691 0
11,510   11,047 463
19,080   17,583 1,497
22,334   19,383 2,951
18,033   15,238 2,795
10,399   8,822 1,577
13,527   11,228 2,299
1   1 0
1   1 0
45,857   47,537 -1,680
21,691   26,835 -5,144
22,773   19,604 3,169
27,574   24,726 2,848
23,675   22,579 1,096
29,011   25,279 3,732
22,217   21,771 446
24,879   18,920 5,959
25,411   18,199 7,212
19,195   15,844 3,351
10,024   8,142 1,882
16,304   12,654 3,650
12,303   9,614 2,689
8,019   6,087 1,932
12,985   11,265 1,720
40,127   30,768 9,359
30,162   32,550 -2,388
35,214   38,688 -3,474
20,364   10,369 9,995
16,152   6,124 10,028
41,752   15,589 26,163
32,017   25,057 6,960
7,357   5,207 2,150
19,171   13,596 5,575
11,579   8,100 3,479
7,400   3,756 3,644
15,353   7,042 8,311
15,587   6,625 8,962
34,186   11,070 23,116
25,621   28,064 -2,443
24,443   13,074 11,369
31,008   15,916 15,092
2,912   1,405 1,507
6,884   5,144 1,740
14,817   10,545 4,272
14,765   10,288 4,477
1,382   2,774 -1,392
6,714   13,808 -7,094
2,774   5,511 -2,737
9,664   17,300 -7,636
38,099   35,471 2,628
6,329   6,075 254
18,936   15,737 3,199
17,800   14,018 3,782
21,578   16,789 4,789
14,711   10,473 4,238
10,945   10,738 207
17,953   14,569 3,384
44,757   34,433 10,324
8,819   6,630 2,189
6,855   4,972 1,883
21,197   17,704 3,493
68,356   29,084 39,272
409,086     409,086
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       183
b       34,752
c       0
d       13
e       -15,936
      -3,208
      -1,362
      -7,743
      -3,365
      -198
      -1
      272
      -716
      -1,821
      16,974
      8,181
      10,658
      13,416
      10,198
      7,457
      3,965
      39,597
      3,123
      26,178
      7,028
      7,954
      1,848
      3,781
      4,056
      7,465
      11,683
      17,105
      2,139
      974
      2,380
      11,622
      39,729
      1,455
      3,875
      44,496
      -507
      -117
      2,494
      -137
      8,649
      -11,526
      4,235
      363
      22,248
      3,816
      9,329
      9,101
      1,755
      9,671
      6,226
      15,372
      15,289
      -8,498
      -9,522
      -13,704
      -6,677
      -4,222
      4,132
      6,497
      6,015
      14,291
      8,823
      -152
      -1,090
      -684
      75
      890
      -1,428
      8,298
      24,915
      -2,713
      3,941
      12,724
      10,971
      -46
      -409
      5,772
      1,075
      4,713
      38
      1,940
      3,086
      4,685
      3,735
      366
      2,781
      15,288
      12,975
      7,331
      6,964
      10,733
      147
      -1,968
      1,085
      4,269
      17,675
      11,816
      17,611
      -1,720
      -6,811
      -2,452
      -3
      3,785
      14,893
      7,306
      0
      463
      1,497
      2,951
      2,795
      1,577
      2,299
      0
      0
      -1,680
      -5,144
      3,169
      2,848
      1,096
      3,732
      446
      5,959
      7,212
      3,351
      1,882
      3,650
      2,689
      1,932
      1,720
      9,359
      -2,388
      -3,474
      9,995
      10,028
      26,163
      6,960
      2,150
      5,575
      3,479
      3,644
      8,311
      8,962
      23,116
      -2,443
      11,369
      15,092
      1,507
      1,740
      4,272
      4,477
      -1,392
      -7,094
      -2,737
      -7,636
      2,628
      254
      3,199
      3,782
      4,789
      4,238
      207
      3,384
      10,324
      2,189
      1,883
      3,493
      39,272
      409,086
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,266,217
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 825,500 16,121,728 0.051204
2017 738,250 14,466,733 0.051031
2016 804,750 15,518,619 0.051857
2015 760,561 14,226,777 0.053460
2014 717,050 13,016,453 0.055088
2
Total of line 1, column (d) .....................
2
0.262640
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
0.052528
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
17,070,013
5
Multiply line 4 by line 3......................
5
896,654
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,051
7
Add lines 5 and 6........................
7
910,705
8
Enter qualifying distributions from Part XII, line 4,.............
8
822,400
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 28,101
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 28,101
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 28,101
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 23,670
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 23,670
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 4,431
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)
    bulletVA
    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 addressbulletWWW.JACKSONF.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (804) 644-5735

    Located atbullet104 SHOCKOE SLIPRICHMONDVA ZIP+4bullet23219
    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
     
    No
    ........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
    ANTHONY JAMES ASCH PRESIDENT
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    THOMAS ANDREW ASCH VICE PRESIDENT
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    NANCY BELLEMAN DIRECTOR
    0.50     		0 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    JILL MCCORMICK EXEC. DIR.
    20.00     		55,540 0 0
    104 SHOCKHOE SLIP SUITE 2B
    RICHMOND,VA23219
    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
    16,733,448
    b
    Average of monthly cash balances.......................
    1b
    596,514
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,329,962
    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
    17,329,962
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    259,949
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,070,013
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    853,501
    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
    853,501
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    28,101
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,101
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    825,400
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    825,400
    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
    825,400
    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
    822,400
    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
    822,400
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    822,400
    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 7 825,400
    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...... 84,429
    b From 2015...... 74,115
    c From 2016...... 57,905
    d From 2017...... 38,636
    e From 2018...... 43,088
    fTotal of lines 3a through e........ 298,173
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 822,400
    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..... 822,400
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 3,000 3,000
    (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 5 295,173
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		81,429
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		213,744
    10 Analysis of line 9:
    a Excess from 2015.... 74,115
    b Excess from 2016.... 57,905
    c Excess from 2017.... 38,636
    d Excess from 2018.... 43,088
    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 e-mail address of the person to whom applications should be addressed:
    JILL MCCORMICK
    104 SHOCKOE SLIP SUITE 2B
    RICHMOND,VA23219
    (804) 644-5735
    bThe form in which applications should be submitted and information and materials they should include:
    NO PRESCRIBED FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADVISORY COUNCIL OF THE VTCC
    800 EAST LEE ST 1500
    RICHMOND,VA23298     		NONE PUBLIC CHARITY GENERAL PURPOSES 32,900
    J SARGENT REYNOLDS COMMUNITY COLLEGE EDUCATIONAL FOUNDATION
    PO BOX 26924
    RICHMOND,VA232616924     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    CHALLENGE DISCOVERY
    22 WESTHAMPTON WAY
    RICHMOND,VA23173     		NONE PUBLIC CHARITY GENERAL PURPOSES 35,000
    CHILDREN'S HOME SOCIETY OF VIRGINIA
    4200 FITZHUGH AVE
    RICHMOND,VA23230     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    FAMILY LIFELINE
    2325 W BROAD ST
    RICHMOND,VA23220     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    FRIENDS OF RICHMOND COMMUNITY HIGH SCHOOL
    201 E BROOKLAND PARK BLVD
    RICHMOND,VA23222     		NONE PUBLIC CHARITY GENERAL PURPOSES 52,000
    BETTER HOUSING COALITION
    23 W BROAD ST
    RICHMOND,VA23241     		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000
    GREATER RICHMOND CHAMBER FOUNDATION
    600 E MAIN ST SUITE 700
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 7,500
    GREATER RICHMOND FIT4KIDS
    1111 N 25TH ST
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000
    GREATER RICHMOND SCAN
    103 E GRACT ST
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000
    HEALTH BRIGADE
    1010 N THOMPSON ST
    RICHMOND,VA23230     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    SHALOM FARMS
    1010 W LABURNUM AVE
    RICHMOND,VA23227     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    JAMES RIVER ASSOCIATION
    4833 OLD MAIN ST
    RICHMOND,VA23231     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    ROBINSON THEATER COMMUNITY ARTS CENTER
    2903 Q ST
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    PARTNERSHIP FOR THE FUTURE
    4521 HIGHWOODS PKWY
    GLEN ALLEN,VA23060     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    PETER PAUL DEVELOPMENT CENTER
    1708 N 22ND ST
    RICHMOND,VA23223     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    RICHMOND OPPORTUNITIES INC
    626 E BROAD ST 400
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    HUMANKIND
    800 W GRAHAM RD
    RICHMOND,VA23222     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    SACRED HEART CENTER
    1400 PERRY ST
    RICHMOND,VA23224     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    SCIENCE MUSEUM OF VIRGINIA FOUNDATION
    PO BOX 11624
    RICHMOND,VA23230     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    THE VALENTINE
    1015 E CLAY ST
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000
    VIRGINIA CENTER FOR INCLUSIVE COMMUNITIES
    5511 STAPLES MILL R 202
    RICHMOND,VA23228     		NONE PUBLIC CHARITY GENERAL PURPOSES 35,000
    VIRGINIA LEAGUE FOR PLANNED PARENTHOOD
    201 N HAMILTON ST
    RICHMOND,VA23221     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    VIRGINIA MENTORING PARTNERSHIP
    4900 AUGUSTA AVE 140
    RICHMOND,VA23230     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    VIRGINIAFIRST
    5305 VALLEYPARK DRIVE
    ROANOKE,VA24019     		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
    VOICES FOR VIRGINIA'S CHILDREN
    701 E FRANKLIN ST 807
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 35,000
    YWCA OF RICHMOND
    6 N 5TH ST
    RICHMOND,VA23219     		NONE PUBLIC CHARITY GENERAL PURPOSES 20,000
    Total .................................bullet 3a 822,400
    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 17  
    4 Dividends and interest from securities....     14 331,576  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,266,217  
    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 1,597,810 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,597,810
    (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

    TY 2017 AccountingFeesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 6,480 6,480   0

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DAVENPORT CORPORATE 1,033,464 1,015,312

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SUNTRUST COMMON 2,870,452 3,238,535
    DAVENPORT COMMON 2,467,707 4,293,479

    TY 2017 InvestmentsOtherSchedule2
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COLUMBIA FUND AT COST 1,920,681 2,335,983
    AMERICAN CENTURY FUND AT COST 1,582,873 1,998,237
    JANUS FUND AT COST 1,061,787 1,213,083
    SUNTRUST MUTUAL FUNDS AT COST 948,770 902,299
    REBOCO WPG FUND AT COST 1,293,635 1,116,961
    HBT LP AT COST 1,346 1,346
    DAVENPORT US OBLIGATIONS AT COST 174,103 174,358

    TY 2017 LegalFeesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LOGAL 190 190   0


    TY 2017 OtherExpensesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARKING 3,230 3,230   0
    INVESTMENT MANAGEMENT FEES 72,414 72,414   0
    UTILITIES 2,540 2,540   0
    MISCELLANEOUS EXPENSES 1,507 1,507   0
    TAXES AND LICENSES 139 139   0
    POSTAGE 50 50   0
    INTERNET SERVICE PROVIDER 1,927 1,927   0
    BANK SERVICE CHARGE 60 60   0
    INSURANCE 1,874 1,874   0


    TY 2017 OtherIncreasesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Amount
    BOOK/TAX DIFFERENCE ON SALE OF SECURITIES 31,071


    TY 2017 OtherLiabilitiesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 0 5,976


    TY 2017 TaxesSchedule
    Name:
    THE JACKSON FOUNDATION
    EIN:
    54-1186114
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 7,242 7,242   0
    FOREIGN TAXES 1,595 1,595   0
    EXCISE TAX PAID 23,584 0   0