-
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
WATT FOSTER FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 190
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKNEAL
,
VA
24528
A Employer identification number
82-3650679
B
Telephone number (see instructions)
(434) 376-2322
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)
$
6,736,575
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)
1,287,789
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
91,386
91,386
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
14,968
b
Gross sales price for all assets on line 6a
112,913
7
Capital gain net income (from Part IV, line 2)
...
14,968
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
1,394,143
106,354
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)
.......
3,290
1,645
1,645
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
1,592
1,592
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
2,650
0
2,650
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
7,532
3,237
4,295
25
Contributions, gifts, grants paid
.......
238,246
238,246
26
Total expenses and disbursements.
Add lines 24 and 25
245,778
3,237
242,541
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
1,148,365
b
Net investment income
(if negative, enter -0-)
103,117
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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
47,276
7,839
7,839
3
Accounts receivable
Less: allowance for doubtful accounts
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
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)
.......
4,750,475
4,950,351
5,737,786
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
0
987,926
990,950
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)
4,797,751
5,946,116
6,736,575
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
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
........
5,009,136
5,009,136
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
-211,385
936,980
29
Total net assets or fund balances
(see instructions)
.....
4,797,751
5,946,116
30
Total liabilities and net assets/fund balances
(see instructions)
.
4,797,751
5,946,116
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
4,797,751
2
Enter amount from Part I, line 27a
.....................
2
1,148,365
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
5,946,116
5
Decreases not included in line 2 (itemize)
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
5,946,116
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
300 BOEING CO
P
2018-01-11
2019-03-12
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
112,913
97,945
14,968
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
14,968
b
c
d
e
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
14,968
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
264,695
4,955,969
0.053409
2017
0
4,954,595
0.000000
2016
2015
2014
2
Total
of line 1, column (d)
.....................
2
0.053409
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
0.026705
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
5,043,647
5
Multiply line 4 by line 3
......................
5
134,691
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
1,031
7
Add lines 5 and 6
........................
7
135,722
8
Enter qualifying distributions from Part XII, line 4
,.............
8
242,541
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
1,031
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
1,031
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
1,031
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
800
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
800
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
231
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
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
No
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)
VA
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 address
N/A
14
The books are in care of
WATT R FOSTER JR
Telephone no.
(434) 376-2322
Located at
PO BOX 190
BROOKNEAL
VA
ZIP+4
24528
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
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
WATT R FOSTER JR
TRUSTEE
0.25
0
0
0
PO BOX 190
BROOKNEAL
,
VA
24528
JENNIFER B FOSTER
TRUSTEE
0.25
0
0
0
PO BOX 190
BROOKNEAL
,
VA
24528
KATHERINE F ROLFE
TRUSTEE
0.25
0
0
0
330 PHELPS CREED RD
GLADYS
,
VA
24554
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
.........................
0
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
5,035,358
b
Average of monthly cash balances
.......................
1b
85,096
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
5,120,454
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
5,120,454
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
76,807
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
5,043,647
6
Minimum investment return.
Enter 5% of line 5
..................
6
252,182
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
252,182
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
1,031
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
1,031
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
251,151
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
251,151
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
251,151
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
242,541
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
242,541
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
1,031
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
241,510
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
251,151
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
e
From 2018
......
18,463
f
Total
of lines 3a through e
........
18,463
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
242,541
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
242,541
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
8,610
8,610
(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
9,853
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
9,853
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
d
Excess from 2018
....
9,853
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
.......
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 e-mail address of the person to whom applications should be addressed:
WATT R FOSTER JR
PO BOX 190
BROOKNEAL
,
VA
24528
(434) 376-2322
watt.foster@fosterfuels.com
b
The form in which applications should be submitted and information and materials they should include:
NO FORMAL FORM. APPLICATION CAN BE MADE BY SENDING A REQUEST BY LETTER.
c
Any submission deadlines:
N/A
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
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
ALZHEIMERS ASSOCIATION
3831 OLD FOREST RD STE 7
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
500
AMAZEMENT SQUARE
27 NINTH STREET
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
12,000
AMAZING GRACE BAPTIST CHURCH
2012 GRACE STREET
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
50
AMERICAN CANCER SOCIETY
PO BOX 22358
OKLAHOMA CITY
,
OK
73123
PC
OPERATIONAL EXPENSES
1,700
AMHERST COUNTY PUBLIC SCHOOLS
PO BOX 1425
AMHERST
,
VA
24521
PC
EDUCATION FOUNDATION
100
ASPEN HILL BAPTIST CHURCH
515 FRANCISCO RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
BEACON OF HOPE LYNCHBURG
PO BOX 1261
LYNCHBURG
,
VA
24505
PC
OPERATIONAL EXPENSES
2,000
BEAM MINISTRIES
PO BOX 1061
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
1,091
BETHEL BAPTIST CHURCH
131 OLD WELL ROAD
PHENIX
,
VA
23959
PC
OPERATIONAL EXPENSES
100
BETHEL BAPTIST CHURCH
PO BOX 15179
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
50
BETHEL UNITED METHODIST CHURCH
4006 SPRING VALLEY RD
AFTON
,
VA
22920
PC
OPERATIONAL EXPENSES
50
BEULAH BAPTIST CHURCH
1302 LEWIS FORD RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
BLUE RIDGE CHURCH OF THE BRETHEREN
PO BOX 506
BLUE RIDGE
,
VA
24064
PC
OPERATIONAL EXPENSES
50
BOYS & GIRLS CLUB OF LYNCHBURG
1101 MADISON ST
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
5,000
BRANCH BAPTIST CHURCH
PO BOX 491
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
50
BREAD OF LIFE BAPTIST CHURCH
208 KINGSWAY RD
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
50
BROOK HILL FARM
7289 BELLEVUE RD
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
500
BROOKNEAL BAPTIST CHURCH
PO BOX 366
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
2,250
BROOKNEAL DIXIE YOUTH BASEBALL
PO BOX 414
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
1,000
BROOKNEAL PRESBYTERIAN CHURCH
354 JUNIPER CLIFF RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
BROOKNEAL UNITED METHODIST CHURCH
PO BOX 236
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
100
BROOKNEAL VOLUNTEER FIRE DEPT
PO BOX 590
BROOKNEAL
,
VA
24528
PC
IN HONOR OF SCARLETT ROLFE
500
BROOKNEAL WOMANS CLUB
489 SUBLETT PLACE
PHENIX
,
VA
23959
PC
OPERATIONAL EXPENSES
1,000
BROWN MEMORIAL CHURCH
PO BOX 207
HALIFAX
,
VA
24558
PC
OPERATIONAL EXPENSES
50
BURNING BUSH CHURCH OF GOD
17716 BROOKNEAL HWY
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
CACF-NELSON MEMORIAL LIBRARY FUND
PO BOX 321
LOVINGSTON
,
VA
22949
PC
OPERATIONAL EXPENSES
250
CALVERY CHAPEL LYNCHBURG
742 LEESVILLE RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
75
CAMP SEA GULLSEAFARER
801 CORPORATE CENTER DR STE 200
RALEIGH
,
NC
27607
PC
OPERATIONAL EXPENSES
2,000
CARTER CRAFT FOUNDATION
2101 GRAVES MILL RD
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
500
CASA
901 CHURCH STREET 101
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
500
CATAWBA BAPTIST CHURCH
1060 VOLENS RD
NATHALIE
,
VA
24577
PC
OPERATIONAL EXPENSES
50
CENTRA FOUNDATION
1920 ATHERHOLT RD
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES/MAAM/PUZZLED
53,205
CENTRAL VIRGINIA COMMUNITY COLLEGE
3506 WARDS RD
LYNCHBURG
,
VA
24502
PC
SCHOLARSHIP-SAVANNAH HAWKINS, CARLEIGH SINGLETON, ANGEL NEWTON, THOMAS SHORT
2,000
CHILDREY BAPTIST CHURCH
3149 ACORN RD
NATHALIE
,
VA
24577
PC
OPERATIONAL EXPENSES
750
CHURCH OF GOD OF LYNCHBURG
777 LEESVILLE RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
75
CLAIRE PARKER FOUNDATION
PO BOX 523
ALTAVISTA
,
VA
24517
PC
OPERATIONAL EXPENSES
1,000
CLIFFORD BAPTIST CHURCH
635 FLETCHERS LEVEL ROAD
AMHERST
,
VA
24521
PC
OPERATIONAL EXPENSES
100
CLOVER BOTTOM BAPTIST CHURCH
7042 STAGE COACH RD
NATHALIE
,
VA
24577
PC
OPERATIONAL EXPENSES
50
COLLEGE PRESBYTERIAN CHURCH
PO BOX 1388
HAMPDEN SYDNEY
,
VA
23943
PC
OPERATIONAL EXPENSES
50
COOLWELL PRESBYTERIAN CHURCH
PO BOX 698
AMHERST
,
VA
24521
PC
OPERATIONAL EXPENSES
50
CULLEN BAPTIST CHURCH
PO BOX 62
CULLEN
,
VA
23934
PC
OPERATIONAL EXPENSES
75
CYPRESS SPRINGS CHURCH OF GOD
4131 BIRCH-ELM
SOUTH BOSTON
,
VA
24592
PC
OPERATIONAL EXPENSES
50
EBENEZER BAPTIST CHURCH
276 EBENEZER RD
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
50
ELIZABETHS EARLY LEARNING CENTER
2320 BEDFORD AVE
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
5,000
EMMANUAL BAPTIST CHURCH
174 FOX GRAPE LANE
AMHERST
,
VA
24521
PC
OPERATIONAL EXPENSES
100
FAITH BAPTIST CHURCH
2507 WHIPPING CREEK RD
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
75
FAITH CHRISTIAN ACADEMY
PO BOX 670
HURT
,
VA
24563
PC
OPERATIONAL EXPENSES
500
FALLING RIVER BAPTIST CHURCH
2874 WICKLIFFE RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
75
FAMILY LIFE CHRISTIAN CHURCH
PO BOX 15115
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
150
FELLOWSHIP CHURCH OF CHRIST
1816 BEDFORD AVE
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
75
FELLOWSHIP COMMUNITY CHURCH
PO BOX 119
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
75
FIRST BAPTIST CHURCH
PO BOX 282
APPOMATTOX
,
VA
24522
PC
OPERATIONAL EXPENSES
50
FLINT HILLS BAPTIST CHURCH
8997 DICKERSON MILL RD
MONETA
,
VA
24121
PC
OPERATIONAL EXPENSES
50
FOREST UNITED METHODIST CHURCH
1150 BURN BRIDGE RD
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
50
FREEDOM 424
2306 BEDFORD AVE
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
500
FRIENDS OF CAMPBELL COUNTY
PO BOX 280
RUSTBURG
,
VA
24588
PC
PATRICK HENRY MEMORIAL LIBRARY
500
FRIENDS OF THE FOREST LIBRARY
15583 FOREST ROAD
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
500
GATEWOOD BAPTIST CHURCH
182 GATEWOOD ROAD
PROVIDENCE
,
NC
27315
PC
OPERATIONAL EXPENSES
50
GLENN MEMORIAL BAPTIST CHURCH
146 HARRIS CREEK RD
PROSPECT
,
VA
23960
PC
OPERATIONAL EXPENSES
50
GOOD SHEPHERD EPISCOPAL CHURCH
101 DANBURY CIRCLE
CHARLOTTESVILLE
,
VA
22902
PC
OPERATIONAL EXPENSES
50
GOODVIEW BAPTIST CHURCH
PO BOX 414
GOODVIEW
,
VA
24095
PC
OPERATIONAL EXPENSES
75
GOSENDME GLOBAL
PO BOX 913106
SHERMAN
,
TX
75091
PC
HIS HANDS AND FEET
750
GREATER LYNCHBURG COMMUNITY FOUNDATION
1100 COMMERCE ST
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES/CASA
20,000
GREEN SPRING BAPTIST CHURCH
PO BOX 117
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
75
HARDWARE BAPTIST CHURCH
2471 RED HILL RD
NORTH GARDEN
,
VA
22959
PC
OPERATIONAL EXPENSES
50
HARVEST OUTREACH
PO BOX 4
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
50
HAT CREEK PRESBYTERIAN CHURCH
188 MEBBS WAY
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
2,650
HEBRON BAPTIST CHURCH
66 TANBANK DR
AFTON
,
VA
22920
PC
OPERATIONAL EXPENSES
75
HEBRON METHODIST CHURCH
2324 HEBRON CHURCH ROAD
RANDOLPH
,
VA
23962
PC
OPERATIONAL EXPENSES
50
HERITAGE BAPTIST CHURCH
219 BREEZEWOOD DR
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
150
HERITAGE UNITED METHODIST CHURCH
582 LEESVILLE RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
50
HOLLYWOOD BAPTIST CHURCH
6564 HOLLYWOOD RD
APPOMATTOX
,
VA
24522
PC
OPERATIONAL EXPENSES
50
HOPE COMPANY CHURCH
1971 ENGLISH TAVERN ROAD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
75
HUDDLESTON UNITED METHODIST
3040 SMITH MOUNTAIN LAKE PKWY
HUDDLESTON
,
VA
24104
PC
OPERATIONAL EXPENSES
75
HUMAN KIND
150 LINDEN AVE
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
500
HYLAND HEIGHTS BAPTIST CHURCH
11452 WARDS RD
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
150
JEHOVAH JIREH CHURCH
136 GREENHOUSE RD
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
50
JEHOVAH WITNESS KINGDOM HALL
701 RAILROAD AVE
BEDFORD
,
VA
24523
PC
OPERATIONAL EXPENSES
50
JESUS CENTER CHURCH
PO BOX 322
APPOMATTOX
,
VA
24522
PC
OPERATIONAL EXPENSES
50
JETERS CHAPEL CHURCH
4304 TODDSBURY DR
VINTON
,
VA
24179
PC
OPERATIONAL EXPENSES
50
JOURNEY CHRISTIAN CHURCH
3700 PRICE CLUB BLVD
MIDLOTHIAN
,
VA
23112
PC
OPERATIONAL EXPENSES
75
JUBILEE FAMILY DEVELOPMENT CENTER
1512 FLORIA AVE
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
3,000
JUNIOR LEAGUE OF LYNCHBURG
PO BOX 2751
LYNCHBURG
,
VA
24505
PC
OPERATIONAL EXPENSES
500
KEDRON BAPTIST CHURCH
PO BOX 38
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
50
KENTUCK BAPTIST CHURCH
1845 KENTUCK CHURCH RD
RINGGOLD
,
VA
24586
PC
OPERATIONAL EXPENSES
50
LAKE CHRISTIAN MINISTRIES
13157 S OLD MONETA RD
MONETA
,
VA
24121
PC
OPERATIONAL EXPENSES
550
LAWYERS MISSIONARY BAPTIST CHURCH
225 MISSIONARY MANOR
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
50
LEBANON METHODIST CHURCH
103 MOSS CREEK DR APT 101
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
50
LIBERTY BAPTIST CHURCH
PO BOX 485
APPOMATTOX
,
VA
24522
PC
OPERATIONAL EXPENSES
75
LIBERTY CHRISTIAN ACADEMY
3701 CANDLERS MOUNTAIN RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES/BASKETBALL CAMP/LCA FORCE FOR LUKE
700
LIBERTY GODPARENT HOME
124 LIBERTY MOUNTAIN DRIVE
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
10,000
LIBERTY UNIVERSITY SCHOOL OF MUSIC
1971 UNIVERSITY BLVD
LYNCHBURG
,
VA
24515
PC
MUSIC PROGRAM
10,000
LIBERTY UNIVERSITY
1971 UNIVERSITY BLVD
LYNCHBURG
,
VA
24515
PC
SCHOLARSHIP-HALEY JORDAN, JOSHUA KERR, STERLING MEADOWS
6,000
LYNCHBURG AREA VETERANS COUNCIL (LAVC)
PO BOX 1104
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES/BOYS STATE
1,500
MALMAISON PRIMITIVE BAPTIST CHURCH
1135 FRANKLIN TPKE
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
50
MARBLE HILL CHURCH OF GOD
13838 FARMVILLE RD
MEHERRIN
,
VA
23954
PC
OPERATIONAL EXPENSES
50
MAYSVILLE BAPTIST CHURCH
PO BOX 26
BUCKINGHAM
,
VA
23921
PC
OPERATIONAL EXPENSES
100
MEALS ON WHEELS
PO BOX 1388
LYNCHBURG
,
VA
24505
PC
OPERATIONAL EXPENSES/CAMPBELL COUNTY ROUTE
4,000
MEMORIAL PRESBYTERIAN CHURCH
5159 VOLENS RD
NATHALIE
,
VA
24577
PC
OPERATIONAL EXPENSES
75
MIDWAY BAPTIST CHURCH
2595 MIDWAY RD
PHENIX
,
VA
23959
PC
OPERATIONAL EXPENSES
200
MILLER HOME FOR GIRLS
2134 WESTERLY DRIVE
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
2,500
MIRIAM'S HOUSE
409 MAGNOLIA STREET
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
2,500
MOUNT HERMON BAPTIST CHURCH
3275 JOPLING RD
BEDFORD
,
VA
24523
PC
OPERATIONAL EXPENSES
75
MOUNT HERMON BAPTIST
4385 FRANKLIN TURNPIKE
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
75
MOUNTAIN VIEW CHURCH OF GOD
1010 GRAND OAKS DR
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
50
MOUNTAIN VIEW UNITED METHODIST CHURCH
PO BOX 543
FOREST
,
VA
24551
PC
OPERATIONAL EXPENSES
75
MT CALVARY BAPTIST CHURCH
PO BOX 308
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
75
MT ED BAPTIST CHURCH
PO BOX 237
BATESVILLE
,
VA
22924
PC
OPERATIONAL EXPENSES
50
MT MORIAH CHURCH
PO BOX 220
WHITE HALL
,
VA
22987
PC
OPERATIONAL EXPENSES
50
MT PLEASANT CME CHURCH
7184 MOUNTAIN RD
HALIFAX
,
VA
24558
PC
OPERATIONAL EXPENSES
50
MUSEVILLE CHRISTIAN CHURCH
5664 ANDERSON MILL RD
CHATHAM
,
VA
24531
PC
OPERATIONAL EXPENSES
50
NAZARETH BAPTIST CHURCH
346 ADDIE WAY
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
100
NEW CHAPEL BAPTIST CHURCH
PO BOX 515
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
75
NEW COVENANT PENTECOSTAL CHURCH
1512 ANTIONETTE AVE APT B
CHARLOTTESVILLE
,
VA
22903
PC
OPERATIONAL EXPENSES
50
NEW VISTA SCHOOL
520 ELDER STREET
LYNCHBURG
,
VA
24501
PC
OPERATIONAL EXPENSES
250
NORTH MAIN BAPTIST CHURCH
2818 NORTH MAIN ST
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
50
NWTF
3099 CRAWLEY RD
CULLEN
,
VA
23934
PC
OPERATIONAL EXPENSES
5,000
OAKDALE BAPTIST CHURCH
1154 BRIGHTWELL MILL RD
MADISON HEIGHTS
,
VA
24572
PC
OPERATIONAL EXPENSES
50
PALESTINE BAPTIST CHURCH
9244 SMITH MOUNTAIN LAKE PKWY
HUDDLESTON
,
VA
24104
PC
OPERATIONAL EXPENSES
75
PASSION COMMUNITY CHURCH
512 BREEZEWOOD DRIVE
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
50
PATRICK HENRY MEMORIAL FOUNDATION
1250 RED HILL RD
BROOKNEAL
,
VA
24528
PC
IN MEMORY OF JOYCE MCDOWELL
2,000
PAYNETON UNITED METHODIST CHURCH
1160 PAYNETONE ROAD
CHATHAM
,
VA
24531
PC
OPERATIONAL EXPENSES
75
PIEDMONT BAPTIST CHURCH
PO BOX 593
CROZET
,
VA
22932
PC
OPERATIONAL EXPENSES
75
PIEDMONT COMMUNITY IMPACT
PO BOX 187
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
100
POWER SCHOLARS ACADEMY
1309 CHURCH STREET
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
1,000
PROVIDENCE BAPTIST CHURCH
PO BOX 82
RED HOUSE
,
VA
23963
PC
OPERATIONAL EXPENSES
50
PRT
DUMC 3624
DURHAM
,
NC
27710
PC
OPERATIONAL EXPENSES/THE PRESTON ROBERT TISCH BRAIN TUMOR CENTER
10,000
RAINBOW FOREST BAPTIST CHURCH
1338 RAINBOW FOREST DR
TROUTVILLE
,
VA
24175
PC
OPERATIONAL EXPENSES
50
RISING SUN BAPTIST CHURCH
3280 OLD LYNCHBURG RD
NORTH GARDEN
,
VA
22959
PC
OPERATIONAL EXPENSES
50
RIVERMONT BAPTIST CHURCH
400 FAUQUIER ST
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
50
RIVERMONT PRESBYTERIAN CHURCH
2424 RIVERMONT AVE
LYNCHBURG
,
VA
24503
PC
OPERATIONAL EXPENSES
50
ROCKFISH VALLEY BAPTIST CHURCH
PO BOX 311
NELLYSFORD
,
VA
22958
PC
OPERATIONAL EXPENSES
50
ROUGH CREEK PRESBYTERIAN CHURCH
150 KENTUCKY AVE
PHENIX
,
VA
23959
PC
OPERATIONAL EXPENSES
50
ROUND POND BAPTIST CHURCH
11293 TOSHES RD
SANDY LEVEL
,
VA
24161
PC
OPERATIONAL EXPENSES
75
RUSTBURG PRESBYTERIAN CHURCH
PO BOX 178
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
50
RUSTBURG UNITED METHODIST CHURCH
664 VILLAGE HWY
RUSTBURG
,
VA
24588
PC
OPERATIONAL EXPENSES
250
SALEM BAPTIST CHURCH
70 SWINGING BRIDGE RD
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
50
SALVATION ARMY
PO BOX 73
WYLLIESBURG
,
VA
23976
PC
OPERATIONAL EXPENSES
150
SANDY LEVEL BAPTIST CHURCH
10817 WEST GRETNA RD
SANDY LEVEL
,
VA
24161
PC
OPERATIONAL EXPENSES
75
SECOND BAPTIST CHURCH
PO BOX 568
CLARKSVILLE
,
VA
23927
PC
OPERATIONAL EXPENSES
50
SECOND ST PAUL BAPTIST CHURCH
PO BOX 88
LYNCH STATION
,
VA
24571
PC
OPERATIONAL EXPENSES
50
SPECIAL OLYMPICS VIRGINIA
1055 HOLLY COURT
HALIFAX
,
VA
24558
PC
OPERATIONAL EXPENSES/POLAR PLUNGE
250
SPRING CREEK BAPTIST CHURCH
334 ADAMS DR
PAMPLIN
,
VA
23958
PC
OPERATIONAL EXPENSES
50
ST LUKES METHODIST CHURCH
3090 NORTH MAIN ST
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
50
ST MARTHA CATHOLIC CHURCH
4301 WOOLDRIDGE PKWY
PORTER
,
TX
77365
PC
OPERATIONAL EXPENSES
75
ST THOMAS EPISCOPAL CHURCH
PO BOX 695
BEDFORD
,
VA
24523
PC
OPERATIONAL EXPENSES
75
ST VICTORIA CATHOLIC CHURCH
PO BOX 640
HURT
,
VA
24563
PC
OPERATIONAL EXPENSES
75
STAUNTON BAPTIST CHURCH
PO BOX 131
HUDDLESTON
,
VA
24104
PC
OPERATIONAL EXPENSES
75
STAUNTON RIVER BAPTIST CHURCH
1742 WICKLIFFE RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
75
STAUNTON RIVER COMMUNITY CHURCH
PO BOX 1123
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
SUMMERDEAN CHURCH OF THE BRETHREN
6604 PLANTATION RD
HOLLINS
,
VA
24019
PC
OPERATIONAL EXPENSES
50
THE ACADEMY CENTER OF THE ARTS
600 MAIN STREET
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
26,000
THE LONGWOOD CENTER FOR THE VISUAL ARTS
129 NORTH MAIN STREET
FARMVILLE
,
VA
23901
PC
OPERATIONAL EXPENSES
2,500
THE VIRGINIA MILITARY INSTITUTE
307 B LETCHER AVE
LEXINGTON
,
VA
24450
PC
SCHOLARSHIP-NOAH PEERMAN, RYAN MOSBY
500
THESSALONIA BAPTIST CHURCH
677 THESSALONIA RD
BREMO BLUFF
,
VA
23022
PC
OPERATIONAL EXPENSES
50
THOMAS ROAD BAPTIST CHURCH
PO BOX 4303
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
600
THOMAS TERRACE BAPTIST
10660 RICHMOND HWY
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
75
TIMBERLAKE UNITED METHODIST CHURCH
21649 TIMBERLAKE RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
50
TRANSFORMATION BAPTIST CHURCH
3576 GRIT ROAD
HURT
,
VA
24563
PC
OPERATIONAL EXPENSES
1,075
TRINITY METHODIST CHURCH
409 ARNETT BLVD
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
50
TRINITY UNITED METHODIST CHURCH
PO BOX 37
NORTH GARDEN
,
VA
22959
PC
OPERATIONAL EXPENSES
50
TRO
1 MOUNTAIN VIEW RD
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES
10,000
UMW TRINITY METHODIST CHURCH
409 ARNETT BLVD
DANVILLE
,
VA
24540
PC
OPERATIONAL EXPENSES
50
UNION HILL BAPTIST CHURCH
12935 RED HOUSE RD
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
50
UNITED BAPTIST CHURCH
PO BOX 164
HURT
,
VA
24563
PC
OPERATIONAL EXPENSES
50
UNIVERSITY OF HARTFORD
COMPUTER CENTER 238
WEST HARTFORD
,
CT
06117
PC
SCHOLARSHIP-JOSHUA KELLER, ELLIOTT DAVIS
1,000
UNIVERSITY OF LYNCHBURG
1501 LAKESIDE DR
LYNCHBURG
,
VA
24501
PC
SCHOLARSHIP-HANNAH SMITH
500
VCIC
5511 STAPLES MILL RD STE 202
RICHMOND
,
VA
23228
PC
IN HONOR OF FRANCIS GILES-LYNCHBURG CHAPTER
1,000
VECTOR SPACE
402 FIFTH ST
LYNCHBURG
,
VA
24504
PC
OPERATIONAL EXPENSES
500
VICTORY PRAISE FELLOWSHIP
101 SCENIC DR
VINTON
,
VA
24179
PC
OPERATIONAL EXPENSES
50
VIRGINIA DEER HUNTERS EDUCATIONAL & HAB FOUNDATION INC
PO BOX 34746
RICHMOND
,
VA
23234
PC
OPERATIONAL EXPENSES
500
VIRGINIA TECH FOUNDATION
185 AG QUAD LN
BLACKSBURG
,
VA
24061
PC
OPERATIONAL EXPENSES
5,000
VIRGINIA WESTERN COMMUNITY COLLEGE
3094 COLONIAL AVE
ROANOKE
,
VA
24015
PC
SCHOLARSHIP-HALYEE PORRAS
500
VOLENS POST 342 OF THE AMERICAN LEGION
14106 LP BAILEY MEMORIAL HWY
NATHALIE
,
VA
24577
PC
FURNACE REPLACEMENT
1,000
WALNUT GROVE CHURCH
PO BOX 299
MONTVALE
,
VA
24122
PC
OPERATIONAL EXPENSES
75
WAYMAKER CHURCH
101A NORTHWYND CIRCLE
LYNCHBURG
,
VA
24502
PC
OPERATIONAL EXPENSES/BUILDING FUND
1,100
WEST END BAPTIST CHURCH
PO BOX 28
BROOKNEAL
,
VA
24528
PC
OPERATIONAL EXPENSES
100
WILLIAMSON MEMORIAL PRESBYTERIAN CHURCH
483 MOUNTAIN HILL RD
RINGGOLD
,
VA
24586
PC
OPERATIONAL EXPENSES
100
WINFALL BAPTIST CHURCH
3744 BROOKNEAL HWY
GLADYS
,
VA
24554
PC
OPERATIONAL EXPENSES
75
WORD OF LIFE CHURCH
PO BOX 1214
BEDFORD
,
VA
24523
PC
OPERATIONAL EXPENSES
50
Total
.................................
3a
238,246
b
Approved for future payment
Total
.................................
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.)
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
91,386
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
14,968
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
106,354
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
106,354
(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