Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
DOLL FAMILY FOUNDATION
C/O ROBERT C DOLL JR
Number and street (or P.O. box number if mail is not delivered to street address)513 CHRISTOPHER DR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ085402333
A Employer identification number

52-2254198
B Telephone number (see instructions)

(609) 924-3628
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$71,592,286
J 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) 4,900,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 67,082 67,082  
4 Dividends and interest from securities... 879,391 879,391  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 708,407
b Gross sales price for all assets on line 6a 32,174,167
7 Capital gain net income (from Part IV, line 2)... 708,407
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)....... -358,636 0  
12 Total. Add lines 1 through 11........ 6,196,244 1,654,880  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 13,169 13,169   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 102,402 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,844 18,844   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 63,848 50,767   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 198,263 82,780   0
25 Contributions, gifts, grants paid....... 3,023,070 3,023,070
26 Total expenses and disbursements. Add lines 24 and 25 3,221,333 82,780   3,023,070
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,974,911
b Net investment income (if negative, enter -0-) 1,572,100
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............. 5,068,741 2,879,172 2,879,172
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)      
b Investments—corporate stock (attach schedule)....... 20,291,123 Click to see attachment19,663,047 29,348,534
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 28,867,884 Click to see attachment34,582,842 39,286,982
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment77,598 Click to see attachment77,598
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 54,227,748 57,202,659 71,592,286
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 54,227,748 57,202,659
29 Total net assets or fund balances (see instructions)..... 54,227,748 57,202,659
30 Total liabilities and net assets/fund balances (see instructions). 54,227,748 57,202,659
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
54,227,748
2
Enter amount from Part I, line 27a .....................
2
2,974,911
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
57,202,659
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
57,202,659
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 MERRILL LYNCH #17653   2018-01-01 2019-12-31
b MERRILL LYNCH   2018-01-01 2019-12-31
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 997,968   294,575 703,393
b 30,600,671   31,171,185 -570,514
c 575,528     575,528
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       703,393
b       -570,514
c       575,528
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 708,407
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 1,801,491 62,580,855 0.028787
2017 1,728,858 52,064,440 0.033206
2016 1,602,036 39,367,869 0.040694
2015 1,594,360 37,401,036 0.042629
2014 1,533,374 35,695,957 0.042957
2
Total of line 1, column (d) .....................
2
0.188273
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
0.037655
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
68,028,242
5
Multiply line 4 by line 3......................
5
2,561,603
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
15,721
7
Add lines 5 and 6........................
7
2,577,324
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,023,070
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 15,721
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 15,721
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 15,721
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 77,598
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 77,598
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 61,877
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet61,877 RefundedBullet 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletROBERT C DOLL JR Telephone no.bullet (609) 924-3628

    Located atbullet513 CHRISTOPHER DRIVEPRINCETONNJ ZIP+4bullet08540
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT C DOLL JR PRES./TREAS.
    1.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ08540
    LESLIE L DOLL SECRETARY
    2.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ08540
    JOHN MORRISEY TRUSTEE
    0.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ19380
    MARION MEEKS TRUSTEE
    0.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ08512
    BRANDON HULL TRUSTEE
    0.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ08540
    DONALD LOUGH JR TRUSTEE
    0.00
    0 0 0
    513 CHRISTOPHER DRIVE
    PRINCETON,NJ12870
    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
    55,456,764
    b
    Average of monthly cash balances.......................
    1b
    3,710,692
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,896,749
    d
    Total (add lines 1a, b, and c).........................
    1d
    69,064,205
    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
    69,064,205
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,035,963
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    68,028,242
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,401,412
    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
    3,401,412
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    15,721
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,721
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,385,691
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,385,691
    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
    3,385,691
    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
    3,023,070
    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
    3,023,070
    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
    15,721
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,007,349
    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 3,385,691
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 2,597,837
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 3,023,070
    a Applied to 2018, but not more than line 2a 2,597,837
    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..... 425,233
    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).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    2,960,458
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ROBERT C DOLL JR
    LESLIE L DOLL
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ALL SAINTS CHURCH
    230 E 60TH STREET
    NEW YORK,NY10001
      PUBLIC UNRESTRICTED 500
    ALLIANCE FOR CONFESSING EVANGELICALS
    1716 SPRUCE ST
    PHILADELPHIA,PA19103
      PUBLIC UNRESTRICTED 10,380
    ALS ASSOCIATION
    1275 K STREET NW SUITE 250
    WASHINGTON,DC20005
      PUBLIC UNRESTRICTED 100
    AMERICAN BIBLE SOCIETY
    101 NORTH INDEPENDENCE MALL
    PHILADELPHIA,PA191062155
      PUBLIC UNRESTRICTED 1,000
    ARM IN ARM
    61 NASSAU ST
    PRINCETON,NJ08542
      PUBLIC UNRESTRICTED 15,000
    ASIAN ACCESS
    PO BOX 3307
    CERRITOS,CA90703
      PUBLIC UNRESTRICTED 1,000
    BELLHAVEN UNIVERSITY
    1500 PEACHTREET ST
    JACKSON,NJ39202
      PUBLIC UNRESTRICTED 10,000
    BETHLEHEM COLLEGE & SEMINARY (SERIOUS JOY SCHOLARSHIP)
    720 13TH AVENUE SOUTH
    MINNEAPOLIS,MN554151793
      PUBLIC UNRESTRICTED 1,000
    BOYS & GIRLS CLUB OF CHICAGO
    550 W VAN BUREN STREET SUITE 350
    CHICAGO,IL60607
      PUBLIC UNRESTRICTED 1,000
    BRAIN INJURY ALLIANCE OF NEW JERSEY
    825 GEORGES ROAD 2ND FLOOR
    NORTH BRUNSWICK,NJ08902
      PUBLIC UNRESTRICTED 2,000
    BY THE HAND CLUB FOR KIDS
    415 N LARAMIE AVENUE
    CHICAGO,IL60644
      PUBLIC UNRESTRICTED 10,000
    CAIRN UNIVERSITY
    200 MANOR AVE
    LANGHORNE,PA19047
      PUBLIC UNRESTRICTED 50,000
    CAMPUS CRUSADE FOR CHRIST INC
    100 LAKE HART DR
    ORLANDO,FL32832
      PUBLIC UNRESTRICTED 2,000
    CARMEL CHRISTIAN SCHOOL
    1145 PINEVILLE-MATTHEWS ROAD
    MATTHEWS,NC28105
      PUBLIC UNRESTRICTED 35
    CBMC
    PO BOX 8009
    CHATTANOOGA,TN37414
      PUBLIC UNRESTRICTED 10,000
    CHILDRENS HOSPITAL OF PHILADELPHIA
    3401 CIVIC CENTER BLVD
    PHILADELPHIA,PA19104
      PUBLIC UNRESTRICTED 25
    CHOICE ONE
    8 DENTON PLACE
    DENTON,MD21629
      PUBLIC UNRESTRICTED 10,000
    CHRISTIAN HERITAGE ACADEMY
    530 UNION MILL ROAD
    MOUNT LAUREL,NJ08054
      PUBLIC UNRESTRICTED 1,000
    CHRISTIAN UNION INC
    240 NASSAU STREET
    PRINCETON,NJ08540
      PUBLIC UNRESTRICTED 10,800
    CITY LIGHT CHURCH
    1336 SPRING GARDEN ST
    PHILADELPHIA,PA19123
      PUBLIC UNRESTRICTED 2,000
    CONNECT VETS
    1520 ARTAIUS PARKWAY 6445
    LIBERTYVILLE,IL60048
      PUBLIC UNRESTRICTED 100
    COVENANT PRESBYTERIAN CHURCH OF CHICAGO
    2012 W DICKENS AVE
    CHICAGO,IL60647
      PUBLIC UNRESTRICTED 2,000
    DAVISVILLE BAPTIST CHURCH
    325 STREET RD
    SOUTHAMPTON,PA18966
      PUBLIC UNRESTRICTED 1,000
    DISCOVER THE BOOK MINISTRIES
    5200 S YALE AVE SUITE 300
    TULSA,OK74135
      PUBLIC UNRESTRICTED 1,000
    DISTRICT CHURCH
    1616 7TH STREET NW
    WASHINGTON,DC20001
      PUBLIC URESTRICTED 1,000
    E MENNONITE MISSIONS
    53 W BRANDT BLVD
    SALUNGA,PA17538
      PUBLIC UNRESTRICTED 1,000
    EASTERN UNIVERSITY
    1300 EAGLE ROAD
    ST DAVIDS,PA19087
      PUBLIC UNRESTRICTED 1,000
    ENGLISH LANGUAGE INSTITUTECHINA
    1629 BLUE SPRUCE DR
    FORT COLLINS,CO80524
      PUBLIC UNRESTRICTED 1,000
    FAR EAST BROADCASTING
    15700 IMPERIAL HWY
    LA MIRADA,CA90638
      PUBLIC UNRESTRICTED 1,000
    FIRST PRESBYTERIAN CHURCH OF ORLANDO
    106 E CHURCH ST
    ORLANDO,FL32801
      PUBLIC UNRESTRICTED 10,000
    GLOBAL MEDIA OUTREACH
    910 E HAMILTON AVE SUITE 120
    CAMPBELL,CA95008
      PUBLIC UNRESTRICTED 1,000
    GORDON COLLEGE
    255 GRAPEVINE ROAD
    WENHAM,MA01984
      PUBLIC UNRESTRICTED 185,000
    GORDON-CONWELL THEOLOGICAL SEMINARY
    130 ESSEX STREET
    SOUTH HAMILTON,MA01982
      PUBLIC UNRESTRICTED 125,000
    GOSPEL COALITION
    2065 HALF DAY RD
    DEERFIELD,IL60015
      PUBLIC UNRESTRICTED 25,000
    HAGGAI INSTITUTE
    PO BOX 13
    ATLANTA,GA30370
      PUBLIC UNRESTRICTED 1,000
    HALFTIME
    1431 GREENWAY DR 230
    IRVING,TX75038
      PUBLIC UNRESTRICTED 10,000
    HARRY AND MILLIE BOLLBACK MISSIONARY FUND
    PO BOX 257
    ELMHURST,IL60126
      PUBLIC UNRESTRICTED 1,000
    HOLY APOSTLES SOUP KITCHEN
    296 9TH AVENUE
    NEW YORK,NY10001
      PUBLIC UNRESTRICTED 100
    HOMEFRONT
    632 BRUNSWICK AVE
    TRENTON,NJ08638
      PUBLIC UNRESTRICTED 10,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE SUITE 250
    LANCASTER,PA17601
      PUBLIC UNRESTRICTED 25,000
    ILLUMINATIONS
    302 17TH STREET
    MERIDIAN,MS39301
      PUBLIC UNRESTRICTED 350,000
    INTERNATIONAL FOUNDATION FOR ELECTROAL SYSTEMS
    12011 CRYSTAL DRIVE 10TH FLOOR
    ARLINGTON,VA22202
      PUBLIC UNRESTRICTED 25,000
    INTERVARSITY CHRISTIAN FELLOWSHIP
    6400 SCHROEDER RD
    MADISON,WI537077895
      PUBLIC UNRESTRICTED 10,000
    JOHN JAY INSTITUTE
    705 S BELLEVUE AVE
    LANGHORNE,PA19047
      PUBLIC UNRESTRICTED 2,000
    KINGDOM ADVISORS
    5605 GLENRIDGE DR NE STE 450
    ATLANTA,GA30342
      PUBLIC UNRESTRICTED 10,000
    LAUSANNE COMMITTEE FOR WORLD EVANGELIZATION DBA LAUSANNE MOVEMENT
    10524 MOSS PARK RD SUITE 201
    ORLANDO,FL32832
      PUBLIC UNRESTRICTED 100,000
    LEHIGH UNIVERSITY
    524 BRODHEAD AVE
    BETHLEHEM,PA18015
      PUBLIC UNRESTRICTED 35,000
    LITTLE LIGHTS
    760 7TH ST SE
    WASHINGTON,DC20003
      PUBLIC UNRESTRICTED 5,000
    LUIS PALAU ASSOCIATION
    1500 NW 167TH PLACE
    BEAVERTON,OR97006
      PUBLIC UNRESTRICTED 10,130
    MADE TO FLOURISH
    10901 LOWELL AVENUE SUITE 130
    OVERLAND PARK,KS66210
      PUBLIC UNRESTRICTED 10,000
    MANNA CHRISITAN FELLOWSHIP
    32 MURRAY DODGE HALL
    PRINCETON,NJ08544
      PUBLIC UNRESTRICTED 20,000
    MISCELLANEOUS
    513 CHRISTOPHER DR
    PRINCETON,NJ08540
      PUBLIC UNRESTRICTED 1,500
    MISSIO SEMINARY
    421 N 7TH STREET
    PHILADELPHIA,PA19142
      PUBLIC UNRESTRICTED 10,000
    MISSIONS TRIP WOL
    PO BOX 600
    SCHROON LAKE,NY12870
      PUBLIC UNRESTRICTED 100
    MONEYWISE
    3301 WINDY RIDGE PKWY SE SUITE 50
    ATLANTA,GA30339
      PUBLIC UNRESTRICTED 10,000
    NASSAU CHRISTIAN CENTER
    26 NASSAU ST
    PRINCETON,NJ08542
      PUBLIC UNRESTRICTED 250,000
    NATIONAL CENTER FOR LIFE AND LIBERTY
    PO BOX 270548
    FLOWER MOUND,TX750270548
      PUBLIC UNRESTRICTED 10,000
    NATIONAL REVIEW
    19 WEST 44TH STREET SUITE 1701
    NEW YORK,NY10036
      PUBLIC UNRESTRICTED 500
    NEW CANAAN SOCIETY
    PO BOX 111
    NEW CANAAN,CT06840
      PUBLIC UNRESTRICTED 25,000
    NEW YORK CITY LEADERSHIP CENTER
    PO BOX 9157
    LONG ISLAND CITY,NY11103
      PUBLIC UNRESTRICTED 750,000
    NJ FAMILY POLICY ALLIANCE
    8675 EXPLORER DRIVE
    COLORADO SPRINGS,CO80920
      PUBLIC UNRESTRICTED 1,000
    OCEAN CITY TABERNACLE
    550 WESLEY AVE
    OCEAN CITY,NJ082263982
      PUBLIC UNRESTRICTED 1,000
    OCEAN GROVE CAMP MEETING ASSOCIATION
    54 PITMAN AVE
    OCEAN GROVE,NJ07756
      PUBLIC UNRESTRICTED 1,000
    ORANGE THEORY FITNESS
    10 E PALMETTO PARK ROAD
    BOCA RATON,FL33431
      PUBLIC UNRESTRICTED 1,000
    OUR DAILY BREAD MINISTRIES
    3000 KRAFT AVE SE
    GRAND RAPIDS,MI49512
      PUBLIC UNRESTRICTED 1,200
    PA LEADERSHIP FOUNDATION
    616 N HIGHLAND AVENUE
    PITTSBURGH,PA15206
      PUBLIC UNRESTRICTED 10,000
    PARK CITIES PRESBYTERIAN CHURCH
    4124 OAK LAWN AVENUE
    DALLAS,TX75219
      PUBLIC UNRESTRICTED 1,000
    PARTNERS INTERNATIONAL
    1117 E WESTVIEW CT
    SPOKANE,WA992181319
      PUBLIC UNRESTRICTED 1,000
    PHILADELPHIA LEADERSHIP FOUNDATION
    2210 S 71ST ST
    PHILADELPHIA,PA19142
      PUBLIC UNRESTRICTED 10,000
    PHILIP CENTER
    30 BOYCE AVE
    BARRINGTON,RI02806
      PUBLIC UNRESTRICTED 12,000
    PINNACLE FORUM
    7430 E BUTHERUS DR STE E
    SCOTTSDALE,AZ85260
      PUBLIC UNRESTRICTED 10,000
    PRAXIS
    409 W 45TH STREET 3RD FLOOR
    NEW YORK,NY10036
      PUBLIC UNRESTRICTED 10,000
    PRINCETON CHRISTIAN FELLOWSHIP
    24 MOORE ST
    PRINCETON,NJ08542
      PUBLIC UNRESTRICTED 25,000
    PRINCETON HEALTHCARE SYSTEM FOUNDATION
    3626 US ROUTE ONE
    PRINCETON,NJ08540
      PUBLIC UNRESTRICTED 50,000
    PRINCETON PUBLIC LIBRARY
    65 WITHERSPOON ST
    PRINCETON,NJ08542
      PUBLIC UNRESTRICTED 1,000
    PROVIDENCE CHRISITAN COLLEGE
    1539 E HOWARD ST
    PASADENA,CA91104
      PUBLIC UNRESTRICTED 1,000
    RATHBUN EDUCATIONAL FUND
    450 SERRA MALL BLDG 500
    STANFORD,CA94305
      PUBLIC UNRESTRICTED 26,000
    RAVI ZACHARIAS INTERNATIONAL MINISTRIES
    4725 PEACHTREE CORNERS CIRCLE SUITE
    250
    NORCROSS,GA30092
      PUBLIC UNRESTRICTED 10,000
    REFORMED UNIVERSITY
    1724 ATKINSON RD
    LAWRENCEVILLE,GA30043
      PUBLIC UNRESTRICTED 10,000
    RESOURCE GLOBAL
    2705 S ARCHER AVE 2ND FLOOR
    CHICAGO,IL60608
      PUBLIC UNRESTRICTED 46,000
    REVOLUTION WITHIN
    513 CHRISTOPHER DR
    PRINCETON,NJ08540
      PUBLIC UNRESTRICTED 1,000
    RIDER UNIVERSITY
    2083 LAWRENCEVILLE ROAD
    LAWRENCEVILLE,NJ08648
      PUBLIC UNRESTRICTED 1,200
    RUF
    1700 N BROWN ROAD SUITE 104
    LAWRENCEVILLE,GA30043
      PUBLIC UNRESTRICTED 5,000
    SALEM PRESBYTERIAN CHURCH
    41 E MAIN STREET
    SALEM,VA24153
      PUBLIC UNRESTRICTED 1,000
    SALVATION ARMY
    14 BERKELEY ST
    BOSTON,MA02116
      PUBLIC UNRESTRICTED 10,000
    SMU COX SCHOOL OF BUSINESS
    PO BOX 750333
    DALLAS,TX752750333
      PUBLIC UNRESTRICTED 1,000
    SPECIAL OLYMPICS NEW JERSEY
    1 EUNICE KENNEDY SHRIVER WAY
    LAWRENCEVILLE,NJ08648
      PUBLIC UNRESTRICTED 100
    STONE HILL CHURCH OF PRINCETON
    1025 BUNN DRIVE
    PRINCETON,NJ08540
      PUBLIC UNRESTRICTED 66,100
    SUNDAY BREAKFAST RESCUE MISSION
    302 N 13TH ST
    PHILADELPHIA,PA19107
      PUBLIC UNRESTRICTED 125,000
    THE BOWERY MISSION
    132 MADISON AVENUE
    NEW YORK,NY10016
      PUBLIC UNRESTRICTED 35,000
    TIMES SQUARE CHURCH
    237 W 51ST STREET
    NEW YORK,NY10019
      PUBLIC UNRESTRICTED 20,000
    TRANSFORMATION CHURCH
    5150 BALTIMORE NATIONAL PIKE
    BALTIMORE,MD21229
      PUBLIC UNRESTRICTED 10,000
    TRUSTEES OF PRINCETON UNIVERSITY
    PO BOX 35
    PRINCETON,NJ08543
      PUBLIC UNRESTRICTED 1,000
    TRUSTEES OF UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT ST
    PHILADELPHIA,PA191046284
      PUBLIC UNRESTRICTED 1,000
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 SE OAK ST 500
    MINNEAPOLIS,MN55455
      PUBLIC UNRESTRICTED 100
    UNIVERSITY OF TEXAS
    PO BOX 250
    AUSTIN,TX78767
      PUBLIC UNRESTRICTED 1,000
    VERITAS FORUM
    ONE BROADWAY 14TH FLOOR
    CAMBRIDGE,MA02142
      PUBLIC UNRESTRICTED 25,000
    VOCA
    810 7TH ST NW
    WASHINGTON,DC20531
      PUBLIC UNRESTRICTED 10,000
    WATERSTONE
    2925 PROFESSIONAL PL
    COLORADO SPRINGS,CO80904
      PUBLIC UNRESTRICTED 1,000
    WHEATON COLLEGE
    501 COLLEGE AVE
    WHEATON,IL60187
      PUBLIC UNRESTRICTED 20,000
    WILBERFORCE SCHOOL
    PO BOX 1132
    PRINCETON,NJ08542
      PUBLIC UNRESTRICTED 21,000
    WOMEN IN THE WINDOW INTERNATIONAL
    2101 VISTA PARKWAY SUITE 256
    WEST PALM BEACH,FL33411
      PUBLIC UNRESTRICTED 15,100
    WORD OF LIFE FELLOWSHIP INC
    PO BOX 600
    SCHROON LAKE,NY12870
      PUBLIC UNRESTRICTED 202,000
    WORSHIP CENTER
    PO BOX 141
    COPIAGUE,NY11726
      PUBLIC UNRESTRICTED 1,000
    WWFM
    PO BOX B
    TRENTON,NJ08690
      PUBLIC UNRESTRICTED 1,000
    YOUNG LIFE
    420 N CASCADE AVE
    COLORADO SPRINGS,CA80903
      PUBLIC UNRESTRICTED 10,000
    YOUTH FOR CHRIST
    7670 S VAUGH COURT
    ENGLEWOOD,CO80112
      PUBLIC UNRESTRICTED 36,000
    Total .................................bullet 3a 3,023,070
    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 67,082  
    4 Dividends and interest from securities....     14 879,391  
    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 ............
        18 708,407  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLOSSES FROM PARTNERSHIPS
    523000 -364,505      
    bTOGETHER LA CITY TO CITY     02 500  
    cRESOURCE GLOBAL     02 3,500  
    dSTATE TAX REFUNDS     02 1,122  
    eFAMILY MERIDIEN     02 461  
    fGORDON CONWELL     02 286  
    12 Subtotal. Add columns (b), (d), and (e).. -364,505 1,660,749 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,296,244
    (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


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    Form 990PF - Special Condition Description:
    Special Condition Description