-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
WILLIAM B HAYNES TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 1558 DEPT EA5W86
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS
,
OH
43216
A Employer identification number
34-6509484
B
Telephone number (see instructions)
(330) 384-7302
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
2,774,649
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
67,510
67,322
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
144,233
b
Gross sales price for all assets on line 6a
2,340,408
7
Capital gain net income (from Part IV, line 2)
...
144,233
8
Net short-term capital gain
.........
0
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
........
211,743
211,555
13
Compensation of officers, directors, trustees, etc.
32,693
16,346
16,346
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
1,000
500
0
500
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
494
405
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
200
100
100
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
34,387
17,351
0
16,946
25
Contributions, gifts, grants paid
.......
126,000
126,000
26
Total expenses and disbursements.
Add lines 24 and 25
160,387
17,351
0
142,946
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
51,356
b
Net investment income
(if negative, enter -0-)
194,204
c
Adjusted net income
(if negative, enter -0-)
...
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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
44,748
148,948
148,948
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
1,626,805
1,302,555
1,651,443
c
Investments—corporate bonds (attach schedule)
.......
710,045
970,196
974,258
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
0
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
2,381,598
2,421,699
2,774,649
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
2,381,598
2,421,699
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)
.....
2,381,598
2,421,699
30
Total liabilities and net assets/fund balances
(see instructions)
.
2,381,598
2,421,699
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
2,381,598
2
Enter amount from Part I, line 27a
.....................
2
51,356
3
Other increases not included in line 2 (itemize)
3
1,622
4
Add lines 1, 2, and 3
..........................
4
2,434,576
5
Decreases not included in line 2 (itemize)
5
12,877
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
2,421,699
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
390. ABBOTT LABORATORIES
2017-12-15
2019-04-24
b
255. ABBVIE INC
2017-11-16
2019-04-24
c
4. ADOBE SYS INC W/1 RT/SH
2019-06-11
2019-07-01
d
10. ADOBE SYS INC W/1 RT/SH
2019-06-11
2019-07-18
e
30. ALIBABA GROUP HOLDING LTD
2018-05-17
2019-04-24
175. ALIBABA GROUP HOLDING LTD
2018-02-15
2019-04-24
6. ALPHABET INC - CL A
2019-06-11
1. ALPHABET INC - CL A
2017-08-24
2019-06-19
2. ALPHABET INC - CL A
2017-08-24
2019-07-01
2. ALPHABET INC - CL A
2017-08-24
2019-07-18
291. ALTRIA GROUP INC
2019-06-19
5. AMAZON.COM INC
2017-08-24
2019-06-11
1. AMAZON.COM INC
2017-08-24
2019-07-01
4. AMAZON.COM INC
2017-08-24
2019-07-18
1. AMAZON.COM INC
2017-08-24
2019-12-17
1. AMERISOURCEBERGEN CORP
2019-04-24
2019-06-11
1. AMERISOURCEBERGEN CORP
2019-04-24
2019-06-19
10. AMERISOURCEBERGEN CORP
2019-04-24
2019-07-01
14. AMERISOURCEBERGEN CORP
2019-04-24
2019-07-18
. AMGEN INC.
2019-07-26
96. AMPHENOL CORP CL A
2017-08-24
2019-06-11
158. AMPHENOL CORP CL A
2019-06-19
144. APPLE COMPUTER
2019-06-11
4. APPLE COMPUTER
2009-06-29
2019-07-01
8. APPLE COMPUTER
2009-06-29
2019-07-18
14. APPLE COMPUTER
2009-06-29
2019-09-10
5. BECTON DICKINSON AND CO.
2019-05-17
2019-07-01
12. BECTON DICKINSON AND CO.
2019-05-17
2019-07-18
50. BLACKROCK INC
2017-10-31
2019-04-24
15. BOOKING HOLDINGS INC
2019-04-24
1. BRISTOL-MYERS SQUIBB CO
2019-06-03
2019-06-11
13. BRISTOL-MYERS SQUIBB CO
2019-06-03
2019-07-01
29. BRISTOL-MYERS SQUIBB CO
2019-06-03
2019-07-18
222. BRISTOL-MYERS SQUIBB CO
2019-06-03
2019-11-19
17. BROADCOM INC
2017-08-24
2019-06-11
5. BROADCOM INC
2017-08-24
2019-07-01
19. BROADCOM INC
2017-08-24
2019-07-18
1. CBOE HOLDINGS INC
2019-04-24
2019-06-11
8. CBOE HOLDINGS INC
2019-04-24
2019-07-01
20. CBOE HOLDINGS INC
2019-04-24
2019-07-18
1. CHEVRONTEXACO CORP
2019-04-24
2019-06-11
6. CHEVRONTEXACO CORP
2019-04-24
2019-07-01
14. CHEVRONTEXACO CORP
2019-04-24
2019-07-18
1. CISCO SYSTEMS, INC.
2019-05-17
2019-06-11
17. CISCO SYSTEMS, INC.
2019-05-17
2019-07-01
1.00344 COMCAST CORP CL A
2019-06-19
2019-07-01
39.99656 COMCAST CORP CL A
2019-06-19
2019-07-01
138. COMCAST CORP CL A
2019-06-19
2019-07-18
123. CONOCOPHILLIPS
2019-06-19
1. CONSTELLATION BRANDS INC CL A
2017-10-31
2019-06-19
6. CONSTELLATION BRANDS INC CL A
2017-10-31
2019-07-01
18. CONSTELLATION BRANDS INC CL A
2017-10-31
2019-07-18
62. CONSTELLATION BRANDS INC CL A
2019-06-11
2019-11-19
57. CONSTELLATION BRANDS INC CL A
2019-11-19
85. COSTCO WHOLESALE CORP
2019-04-24
8. CROWN CASTLE INTL CORP
2019-07-01
19. CROWN CASTLE INTL CORP
2017-04-17
2019-07-18
1. DIGITAL REALTY TRUST (REIT)
2017-08-24
2019-06-19
7. DIGITAL REALTY TRUST (REIT)
2017-08-24
2019-07-01
32. DIGITAL REALTY TRUST (REIT)
2017-08-24
2019-07-18
1. DISNEY (WALT) CO
2019-04-24
2019-06-11
8. DISNEY (WALT) CO
2019-04-24
2019-07-01
19. DISNEY (WALT) CO
2019-04-24
2019-07-18
2. DOLLAR TREE INC
2019-04-24
2019-07-01
7. DOLLAR TREE INC
2019-04-24
2019-07-01
100. EOG RESOURCES INC
2018-05-17
2019-04-24
79. ECOLAB INC
2019-04-24
74. EDWARDS LIFESCIENCES CORP
2017-10-31
2019-06-11
8. EDWARDS LIFESCIENCES CORP
2017-10-31
2019-07-01
20. EDWARDS LIFESCIENCES CORP
2017-10-31
2019-07-18
29. EDWARDS LIFESCIENCES CORP
2017-10-31
2019-11-19
180. ELECTRONIC ARTS INC
2019-04-24
8. EXPEDIA INC
2019-04-24
2019-07-01
20. EXPEDIA INC
2019-04-24
2019-07-18
150. EXPEDIA INC
2019-04-24
2019-09-10
129. FACEBOOK INC-A
2019-06-11
8. FACEBOOK INC-A
2017-01-12
2019-07-01
11. FACEBOOK INC-A
2017-01-12
2019-07-18
200000. FHLMC 1.75% 05/30/2019
2012-05-16
2019-05-30
50.18818 FEDERATED INSTITUTIONAL HIGH YIELD BOND
2014-05-30
2019-06-03
1865.64282 FEDERATED INSTITUTIONAL HIGH YIELD BOND
2014-05-30
2019-06-03
93.152 FEDERATED INSTITUTIONAL HIGH YIELD BOND
2014-05-30
2019-07-02
9223.645 FEDERATED SHORT TERM INCOME FUND - CLASS
2019-04-24
843.71 FEDERATED TOTAL RETURN BOND FUND-R6
2015-05-28
2019-07-02
690.269 FEDERATED TOTAL RETURN BOND FUND-R6
2015-05-28
2019-07-19
1036.852 FEDERATED TOTAL RETURN BOND FUND-R6
2015-05-28
2019-11-20
95. FEDEX CORP COM
2017-10-31
2019-04-24
55. FEDEX CORP COM
2018-05-17
2019-04-24
8. FISERV INC
2019-06-19
2019-07-01
1. FISERV INC
2019-06-19
2019-07-18
14. GARRETT MOTION INC
2019-04-24
1352.191 GOLDMAN SACHS INFLATION PROTECTED SECURI
2017-02-16
2019-06-03
86.202 GOLDMAN SACHS INFLATION PROTECTED SECURI
2017-02-16
2019-07-02
73.685 GUGGENHEIM LIMITED DURATION CL INSTL
2019-06-03
2019-07-02
230. HALLIBURTON CO
2017-12-15
2019-04-24
4745.777 HARTFORD MIDCAP FUND - Y
2018-03-14
2019-04-24
535.635 HARTFORD MIDCAP FUND - Y
2019-04-24
19. HONEYWELL INTL INC COM
2017-08-24
2019-06-11
6. HONEYWELL INTL INC COM
2017-08-24
2019-07-01
5. HONEYWELL INTL INC COM
2017-08-24
2019-07-18
28. INTUIT INC
2017-08-24
2019-06-11
5. INTUIT INC
2017-08-24
2019-07-01
8. INTUIT INC
2017-08-24
2019-07-18
2. INTUITIVE SURGICAL INC
2019-04-24
2019-07-01
5. INTUITIVE SURGICAL INC
2019-04-24
2019-07-18
1. ISHARES S & P MIDCAP 400
2019-04-24
2019-06-19
41. ISHARES S & P MIDCAP 400
2019-04-24
2019-07-01
37. ISHARES S & P MIDCAP 400
2019-04-24
2019-07-18
806. ISHARES S & P MIDCAP 400
2019-09-10
364. ISHARES S & P SMALLCAP 600
2018-03-14
2019-04-24
331. ISHARES S & P SMALLCAP 600
2019-06-03
1. ISHARES S & P SMALLCAP 600
2013-03-06
2019-06-11
50. ISHARES S & P SMALLCAP 600
2013-03-06
2019-07-01
44. ISHARES S & P SMALLCAP 600
2013-03-06
2019-07-18
271. ISHARES S & P SMALLCAP 600
2019-12-17
12. JOHNSON & JOHNSON CO
2019-05-17
2019-07-01
37. JOHNSON & JOHNSON CO
2019-05-17
2019-07-18
212. JOHNSON & JOHNSON CO
2019-05-17
2019-09-10
55. LAM RESEARCH CORP
2017-10-31
2019-04-24
2599.905 LORD ABBETT SHORT DURATION INCOME FUND -
2019-06-03
2019-07-02
3590.164 LORD ABBETT SHORT DURATION INCOME FUND -
2019-07-19
2019-11-20
70. LOWES COMPANIES INC
2018-05-17
2019-04-24
210. LOWES COMPANIES INC
2017-12-15
2019-04-24
1.615 MFS GLOBAL REAL ESTATE FUND-R6
2019-06-11
2019-06-20
113.536 MFS GLOBAL REAL ESTATE FUND-R6
2019-07-02
106.902 MFS GLOBAL REAL ESTATE FUND-R6
2019-07-19
2019-12-18
90. MARTIN MARIETTA MATLS INC COM
2019-04-24
5. MASTERCARD INC CL A
2017-08-24
2019-07-01
2. MASTERCARD INC CL A
2017-08-24
2019-07-18
43. MCDONALDS CORP
2017-08-24
2019-06-11
6. MCDONALDS CORP
2017-08-24
2019-07-01
18. MCDONALDS CORP
2017-08-24
2019-07-18
1. MERCK & CO INC
2019-06-03
2019-06-11
14. MERCK & CO INC
2019-06-19
2019-07-01
48. MERCK & CO INC
2019-06-19
2019-07-18
159. MICROSOFT CORP
2018-04-20
2019-05-17
22. MICROSOFT CORP
2018-04-20
2019-07-01
50. MICROSOFT CORP
2018-04-20
2019-07-18
67. MICROSOFT CORP
2019-11-19
60. MOHAWK INDUSTRIES INC
2017-10-31
2019-04-24
460. MORGAN STANLY DN WTTR DISCVR COM NEW
2019-05-17
344. NASDAQ INC
2019-04-24
1.00071 NETFLIX INC
2019-04-24
2019-07-01
1.99929 NETFLIX INC
2019-04-24
2019-07-01
7. NETFLIX INC
2019-04-24
2019-07-18
644.95 AMERICAN FUNDS - NEW WORLD FUND - R6
2018-03-14
2019-04-24
782.693 AMERICAN FUNDS - NEW WORLD FUND - R6
2018-03-14
2019-06-03
17.835 AMERICAN FUNDS - NEW WORLD FUND - R6
2018-03-14
2019-06-11
.974 AMERICAN FUNDS - NEW WORLD FUND - R6
2018-03-14
2019-06-20
58.217 AMERICAN FUNDS - NEW WORLD FUND - R6
2018-03-14
2019-07-02
758.76 AMERICAN FUNDS - NEW WORLD FUND - R6
2019-12-18
4. NEXTERA ENERGY, INC
2019-04-24
2019-07-01
10. NEXTERA ENERGY, INC
2019-04-24
2019-07-18
14. NORTHROP GRUMMAN CORP W/1 RT/SH
2017-08-24
2019-06-11
3. NORTHROP GRUMMAN CORP W/1 RT/SH
2017-08-24
2019-07-01
6. NORTHROP GRUMMAN CORP W/1 RT/SH
2017-08-24
2019-07-18
195. NUCOR CORP
2018-05-17
2019-04-24
1.11077 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-06-20
.69423 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-06-20
126.284 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-07-02
114.295 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-07-19
715.617 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-11-20
85.323 NUVEEN EQUITY MARKET NEUTRAL FD CL I
2019-04-24
2019-12-18
33. O'REILLY AUTOMOTIVE INC
2017-10-05
2019-06-11
2. O'REILLY AUTOMOTIVE INC
2017-10-05
2019-07-01
9. O'REILLY AUTOMOTIVE INC
2017-10-05
2019-07-18
4. PEPSICO INC
2019-05-17
2019-07-01
11. PEPSICO INC
2019-05-17
2019-07-18
126. PFIZER INC
2019-06-11
2019-06-19
19. PFIZER INC
2019-06-11
2019-07-01
50. PFIZER INC
2019-06-11
2019-07-18
71. PFIZER INC
2019-06-11
2019-09-10
750.68 PIMCO INCOME FUND - INSTITUTIONAL CLASS
2018-06-08
2019-07-02
444.903 PIMCO INCOME FUND - INSTITUTIONAL CLASS
2018-06-08
2019-07-19
934.539 PIMCO INCOME FUND - INSTITUTIONAL CLASS
2018-06-08
2019-11-20
340.624 PIMCO LONG DURATION TOTAL RETURN FUND -I
2019-06-03
2019-07-02
452.59 PIMCO LONG DURATION TOTAL RETURN FUND -I
2019-07-19
2019-11-20
1. PRICE T ROWE GROUP INC
2019-06-03
2019-06-11
7. PRICE T ROWE GROUP INC
2019-06-03
2019-07-01
20. PRICE T ROWE GROUP INC
2019-06-03
2019-07-18
5. PROCTER & GAMBLE CO
2019-06-19
2019-07-01
6. PROCTER & GAMBLE CO
2019-06-19
2019-07-18
1. PRUDENTIAL FINL INC
2019-04-24
2019-06-19
6. PRUDENTIAL FINL INC
2019-04-24
2019-07-01
8. PRUDENTIAL FINL INC
2019-04-24
2019-07-18
116. PRUDENTIAL FINL INC
2019-04-24
2019-09-10
24. RESIDEO TECHNOLOGIES INC
2019-04-24
935. ROCHE HLDG LTD SPONSORED ADR
2017-08-24
2019-04-24
119. ROCKWELL INTL CORP NEW
2019-04-24
11. SALESFORCE.COM INC
2018-05-17
2019-07-01
23. SALESFORCE.COM INC
2018-05-17
2019-07-18
170. TJX COMPANIES INC W/1 RT/SH
2019-06-11
13. TJX COMPANIES INC W/1 RT/SH
2017-01-12
2019-07-01
29. TJX COMPANIES INC W/1 RT/SH
2017-01-12
2019-07-18
38. TEXAS INSTRUMENTS INC.
2017-08-24
2019-06-11
5. TEXAS INSTRUMENTS INC.
2017-08-24
2019-07-01
7. TEXAS INSTRUMENTS INC.
2017-08-24
2019-07-18
7. THERMO ELECTRON CORP W/1 RT/SH
2017-08-24
2019-06-11
6. THERMO ELECTRON CORP W/1 RT/SH
2017-08-24
2019-07-01
15. THERMO ELECTRON CORP W/1 RT/SH
2019-07-18
1062.809 TOUCHSTONE MID CAP FUND INSTL
2019-12-18
3. ULTA BEAUTY INC
2019-04-24
2019-07-01
16. ULTA BEAUTY INC
2019-04-24
2019-07-18
52. ULTA BEAUTY INC
2019-04-24
2019-09-10
153. UNION PACIFIC CORP
2019-05-17
1. UNION PACIFIC CORP
2017-12-15
2019-06-11
5. UNION PACIFIC CORP
2017-12-15
2019-07-01
16. UNION PACIFIC CORP
2017-12-15
2019-07-18
161. UNITED TECHNOLOGIES CORP
2019-04-24
124. UNITEDHEALTH GROUP INC
2019-04-24
840. VANGUARD FTSE DEVELOPED MARKETS ETF
2018-01-11
2019-04-24
376. VANGUARD FTSE DEVELOPED MARKETS ETF
2019-06-03
42. VANGUARD FTSE DEVELOPED MARKETS ETF
2018-03-14
2019-06-11
2. VANGUARD FTSE DEVELOPED MARKETS ETF
2018-03-14
2019-06-19
134. VANGUARD FTSE DEVELOPED MARKETS ETF
2018-03-14
2019-07-01
121. VANGUARD FTSE DEVELOPED MARKETS ETF
2018-03-14
2019-07-18
18859.63 VANGUARD INTERMEDIATE-TERM CORPORATE FUN
2019-05-17
5. VISA INC CLASS A SHARES
2017-08-24
2019-06-11
13. VISA INC CLASS A SHARES
2017-08-24
2019-07-01
64. VISA INC CLASS A SHARES
2017-08-24
2019-07-18
. CLASS ACTION PROCEEDS
2019-09-04
22. ACCENTURE PLC CL A
2016-02-04
2019-06-11
5. ACCENTURE PLC CL A
2016-02-04
2019-07-01
CAPITAL GAIN 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
29,737
21,633
8,104
b
20,171
24,146
-3,975
c
1,202
1,101
101
d
3,082
2,752
330
e
5,556
5,948
-392
32,410
32,580
-170
6,538
6,094
444
1,097
938
159
2,195
1,875
320
2,270
1,875
395
14,529
16,014
-1,485
9,347
4,771
4,576
1,917
954
963
7,837
3,817
4,020
1,782
954
828
85
74
11
87
74
13
850
738
112
1,204
1,033
171
11
11
9,175
7,631
1,544
14,926
8,368
6,558
27,962
11,980
15,982
803
82
721
1,633
163
1,470
3,008
286
2,722
1,263
1,147
116
3,028
2,752
276
23,936
23,596
340
28,187
26,798
1,389
47
46
1
597
604
-7
1,268
1,347
-79
12,622
10,314
2,308
4,779
4,330
449
1,484
1,274
210
5,420
4,840
580
107
102
5
846
813
33
2,295
2,032
263
122
120
2
746
721
25
1,732
1,682
50
57
57
929
966
-37
43
44
-1
1,695
1,749
-54
6,083
6,034
49
7,338
8,085
-747
183
218
-35
1,165
1,306
-141
3,610
3,919
-309
11,123
12,019
-896
10,226
12,420
-2,194
21,041
11,470
9,571
1,036
846
190
2,395
1,824
571
123
118
5
816
827
-11
3,810
3,780
30
136
134
2
1,128
1,075
53
2,665
2,554
111
218
220
-2
764
771
-7
10,582
12,543
-1,961
14,589
7,620
6,969
13,729
7,565
6,164
1,477
818
659
3,855
2,045
1,810
7,108
2,965
4,143
17,071
21,504
-4,433
1,065
1,002
63
2,708
2,505
203
19,408
18,790
618
23,016
16,693
6,323
1,541
1,009
532
2,199
1,388
811
200,000
200,000
483
521
-38
17,966
19,385
-1,419
915
968
-53
78,217
79,095
-878
9,256
9,306
-50
7,558
7,613
-55
11,468
11,436
32
18,618
21,642
-3,024
10,779
13,723
-2,944
737
712
25
95
89
6
266
174
92
14,509
14,252
257
914
909
5
1,818
1,822
-4
7,031
10,327
-3,296
175,024
182,380
-7,356
19,754
16,139
3,615
3,252
2,494
758
1,054
788
266
858
656
202
7,166
3,789
3,377
1,319
677
642
2,237
1,082
1,155
1,056
1,018
38
2,640
2,544
96
191
198
-7
7,957
8,113
-156
7,175
7,321
-146
155,827
159,475
-3,648
29,083
28,963
120
24,381
22,098
2,283
76
43
33
3,904
2,135
1,769
3,409
1,879
1,530
22,467
11,166
11,301
1,666
1,669
-3
4,867
5,147
-280
27,348
29,489
-2,141
10,770
11,523
-753
10,946
10,920
26
15,115
15,115
7,998
6,003
1,995
23,993
18,270
5,723
28
28
1,989
1,909
80
1,828
1,867
-39
19,391
19,247
144
1,326
665
661
552
266
286
8,745
6,816
1,929
1,240
951
289
3,859
2,853
1,006
83
81
2
1,184
1,191
-7
3,936
4,083
-147
20,552
15,122
5,430
2,971
2,092
879
6,749
4,756
1,993
10,118
5,636
4,482
7,981
15,725
-7,744
20,250
25,321
-5,071
30,867
24,994
5,873
374
379
-5
747
756
-9
2,259
2,648
-389
42,947
44,934
-1,987
49,811
54,530
-4,719
1,178
1,243
-65
66
68
-2
3,987
4,056
-69
55,291
52,878
2,413
813
763
50
2,101
1,908
193
4,201
3,764
437
957
806
151
1,921
1,613
308
11,429
12,813
-1,384
26
26
16
17
-1
2,995
3,002
-7
2,702
2,717
-15
16,953
17,010
-57
2,014
2,028
-14
12,580
6,975
5,605
743
423
320
3,567
1,902
1,665
525
523
2
1,451
1,439
12
5,452
5,393
59
829
813
16
2,133
2,140
-7
2,635
3,039
-404
9,113
8,993
120
5,392
5,330
62
11,196
11,196
3,815
3,740
75
5,291
5,028
263
107
100
7
758
700
58
2,178
1,999
179
550
549
1
690
658
32
100
102
-2
608
615
-7
809
820
-11
9,996
11,889
-1,893
514
507
7
30,555
29,419
1,136
22,571
16,422
6,149
1,685
1,389
296
3,620
2,904
716
8,803
6,568
2,235
684
493
191
1,608
1,100
508
4,275
3,094
1,181
581
407
174
824
570
254
1,990
1,234
756
1,781
1,058
723
4,363
1,724
2,639
42,895
41,849
1,046
1,022
1,064
-42
5,870
5,672
198
12,050
18,436
-6,386
26,863
21,219
5,644
171
131
40
856
654
202
2,747
2,092
655
22,461
10,450
12,011
28,451
20,753
7,698
35,045
38,951
-3,906
15,029
17,177
-2,148
1,738
1,892
-154
82
90
-8
5,598
6,037
-439
4,997
5,451
-454
183,316
186,449
-3,133
847
517
330
2,252
1,344
908
11,463
6,618
4,845
10
10
4,035
2,247
1,788
931
511
420
9,977
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
8,104
b
-3,975
c
101
d
330
e
-392
-170
444
159
320
395
-1,485
4,576
963
4,020
828
11
13
112
171
11
1,544
6,558
15,982
721
1,470
2,722
116
276
340
1,389
1
-7
-79
2,308
449
210
580
5
33
263
2
25
50
-37
-1
-54
49
-747
-35
-141
-309
-896
-2,194
9,571
190
571
5
-11
30
2
53
111
-2
-7
-1,961
6,969
6,164
659
1,810
4,143
-4,433
63
203
618
6,323
532
811
-38
-1,419
-53
-878
-50
-55
32
-3,024
-2,944
25
6
92
257
5
-4
-3,296
-7,356
3,615
758
266
202
3,377
642
1,155
38
96
-7
-156
-146
-3,648
120
2,283
33
1,769
1,530
11,301
-3
-280
-2,141
-753
26
1,995
5,723
80
-39
144
661
286
1,929
289
1,006
2
-7
-147
5,430
879
1,993
4,482
-7,744
-5,071
5,873
-5
-9
-389
-1,987
-4,719
-65
-2
-69
2,413
50
193
437
151
308
-1,384
-1
-7
-15
-57
-14
5,605
320
1,665
2
12
59
16
-7
-404
120
62
75
263
7
58
179
1
32
-2
-7
-11
-1,893
7
1,136
6,149
296
716
2,235
191
508
1,181
174
254
756
723
2,639
1,046
-42
198
-6,386
5,644
40
202
655
12,011
7,698
-3,906
-2,148
-154
-8
-439
-454
-3,133
330
908
4,845
10
1,788
420
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
144,233
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(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?
Yes
No
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
141,977
2,631,351
0.053956
2017
140,015
2,563,844
0.054611
2016
138,472
2,415,486
0.057327
2015
136,968
2,518,394
0.054387
2014
136,234
2,619,131
0.052015
2
Total
of line 1, column (d)
.....................
2
0.272296
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
0.054459
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
2,634,852
5
Multiply line 4 by line 3
......................
5
143,491
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
1,942
7
Add lines 5 and 6
........................
7
145,433
8
Enter qualifying distributions from Part XII, line 4
,.............
8
142,946
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
and enter “N/A" on line 1.
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
3,884
here
and 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
3,884
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
3,884
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
1,696
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
7
Total credits and payments. Add lines 6a through 6d
..............
7
1,696
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
2,188
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
0
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
OH
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
No
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 address
14
The books are in care of
HUNTINGTON NATIONAL BANK
Telephone no.
(330) 384-7302
Located at
PO BOX 1558 DEPT EA5W86
COLUMBUS
OH
ZIP+4
43216
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
HUNTINGTON NATIONAL BANK
Trustee
1
32,693
PO BOX 1558 DEPT EA5W86
COLUMBUS
,
OH
43216
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(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
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
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
.........................
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
2,603,764
b
Average of monthly cash balances
.......................
1b
71,213
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
2,674,977
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
2,674,977
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
40,125
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
2,634,852
6
Minimum investment return.
Enter 5% of line 5
..................
6
131,743
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
131,743
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
3,884
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
3,884
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
127,859
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
127,859
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
127,859
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
142,946
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
142,946
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
142,946
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
127,859
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
35,390
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
142,946
a
Applied to 2018, but not more than line 2a
35,390
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
.....
107,556
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
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
..........
20,303
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
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
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.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(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)
a
Paid during the year
AKRON BLIND CENTER & WORKSHOP
P O BOX 1864
AKRON
,
OH
44309
NONE
PC
SUPPORT OF CENTER
18,000
CHILDREN'S HOSPITAL MEDICAL
CENTER
ONE PERKINS SQUARE
AKRON
,
OH
44308
NONE
PC
GENERAL SUPPORT
18,000
GIRL SCOUTS OF NORTHEAST OHIO
ONE GIRL SCOUT WAY
MACEDONIA
,
OH
440562150
NONE
PC
GENERAL SUPPORT
18,000
GREAT TRAIL COUNCIL OF BSA
4500 HUDSON DRIVE
STOW
,
OH
44224
NONE
PC
GENERAL SUPPORT
18,000
THE CLEVELAND CLINIC FOUNDATION
PHILANTHROPHY INSTITUTE
400 WABASH AVE
AKRON
,
OH
44307
NONE
PC
GENERAL SUPPORT
18,000
SUMMA HEALTH
168 E MARKET ST
AKRON
,
OH
44308
NONE
PC
GENERAL SUPPORT
36,000
Total
.................................
3a
126,000
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
67,510
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
144,233
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)
..
211,743
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
211,743
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(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?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description