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 03-01-2019 , and ending 02-29-2020
Name of foundation
ALEXANDER BERKELEY CARRINGTON JR &
RUTH SIMPSON CARRINGTON CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)AMERICAN NATIONAL BANK PO BOX 191
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DANVILLE, VA245430191
A Employer identification number

54-6223108
B Telephone number (see instructions)

(434) 773-2206
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$20,418,880J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 557,827 557,827  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 407,224
b Gross sales price for all assets on line 6a 5,834,724
7 Capital gain net income (from Part IV, line 2)... 407,224
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)....... Click to see attachment 270 270  
12 Total. Add lines 1 through 11........ 965,321 965,321  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 324,925 162,461   162,464
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 15,300 7,650   7,650
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 412 287   125
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 340,637 170,398   170,239
25 Contributions, gifts, grants paid....... 875,175 875,175
26 Total expenses and disbursements. Add lines 24 and 25 1,215,812 170,398   1,045,414
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -250,491
b Net investment income (if negative, enter -0-) 794,923
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............. 1,806,990 2,505,343 2,505,343
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) 3,573,766 Click to see attachment4,764,759 4,817,109
b Investments—corporate stock (attach schedule)....... 10,406,485 Click to see attachment10,195,806 12,722,579
c Investments—corporate bonds (attach schedule)....... 400,152 Click to see attachment368,762 373,849
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,924,918 0 0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,112,311 17,834,670 20,418,880
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........ 18,112,311 18,112,311
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 -277,641
29 Total net assets or fund balances (see instructions)..... 18,112,311 17,834,670
30 Total liabilities and net assets/fund balances (see instructions). 18,112,311 17,834,670
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
18,112,311
2
Enter amount from Part I, line 27a .....................
2
-250,491
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,205
4
Add lines 1, 2, and 3 ..........................
4
17,864,025
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
29,355
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,834,670
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 ISHS MSCI EAFE, CUSIP XXX-XX-XXXX, 68.7101 sh.   2017-01-10 2020-02-20
b ISHS MSCI EAFE, CUSIP XXX-XX-XXXX, 68.7101 sh.   2016-06-24 2020-02-20
c SPDR S&P 500 ETF TR, CUSIP 78462F103, 337.9201 sh.   2016-06-24 2020-02-20
d FFCB 3.12% 6/27/22, CUSIP 3133EJSR1, 1 sh.   2018-06-28 2019-03-05
e FHLMC STEP% 6/14/23, CUSIP 3134GSMS1, 1 sh.   2018-06-14 2019-03-14
FHLMC 3% 3/15/23, CUSIP 3134GSFJ9, 1 sh.   2018-03-15 2019-03-15
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-03-25
FHLMC STEP% 9/27/21, CUSIP 3134GSGJ8, 1 sh.   2018-03-27 2019-03-27
FHLMC 3.2% 12/28/22, CUSIP 3134GSPH2, 1 sh.   2018-06-28 2019-03-28
FFCB 3% 10/22/22, CUSIP 3133EJKZ1, 1 sh.   2018-04-12 2019-04-02
MORGN CH 6.3 4/23/19, CUSIP 46625HHL7, 0 sh.   2013-10-30 2019-04-23
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-04-25
BB&T 6.85% 043019, CUSIP 05531FAB9, 0 sh.   2013-09-20 2019-04-30
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-05-28
FFCB 3.09% 9/5/2024, CUSIP 3133EKCF1, 1 sh.   2019-03-12 2019-06-05
FFCB 3.2% 3/6/25, CUSIP 3133EKCM6, 1 sh.   2019-03-18 2019-06-06
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-06-25
FFCB 3.17% 9/25/25, CUSIP 3133EKDU7, 1 sh.   2019-03-25 2019-06-25
FFCB 3.03% 12/26/24, CUSIP 3133EKEE2, 1 sh.   2019-03-26 2019-06-26
FHLB 2.8% 3/22/24, CUSIP 3130AAZF8, 1 sh.   2017-06-21 2019-06-26
FFCB 3.18% 9/28/26, CUSIP 3133EKEU6, 1 sh.   2019-03-28 2019-07-09
FFCB 3.04% 7/23/25, CUSIP 3133EKJB3, 1 sh.   2019-04-26 2019-07-23
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-07-25
CRDT SUISE 5.3 81319, CUSIP 22546QAC1, 0 sh.   2013-09-20 2019-08-13
FFCB 2.63% 2/24/25, CUSIP 3133EFD46, 1 sh.   2016-02-24 2019-08-13
FFCB 2.25% 3/14/22, CUSIP 3133EHCB7, 1 sh.   2017-03-23 2019-08-19
JPMORG STEP% 8/17/23, CUSIP 48128FMG4, 1 sh.   2018-08-17 2019-08-17
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-08-26
FHLMC STEP% 11/28/22, CUSIP 3134GBY22, 1 sh.   2017-11-28 2019-08-28
FFCB 2.5% 11/30/23, CUSIP 3133EHKU6, 1 sh.   2017-06-05 2019-09-03
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-09-25
FHLB 3.125% 6/25/25, CUSIP 3130AG2M6, 1 sh.   2019-03-25 2019-09-25
FFCB 3.05% 3/26/29, CUSIP 3133EKSE7, 1 sh.   2019-06-26 2019-10-01
FNMA STEP% 3/30/26, CUSIP 3136G3DZ5, 1 sh.   2016-03-30 2019-10-01
FFCB 2.28% 10/17/22, CUSIP 3133EHF73, 1 sh.   2017-10-20 2019-10-09
FHLB STEP% 10/18/22, CUSIP 3130ACGW8, 1 sh.   2017-10-18 2019-10-18
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-10-25
FNMA 2.65% 4/29/22, CUSIP 3135G0V42, 1 sh.   2019-04-29 2019-10-29
FHLB 3.15% 10/29/21, CUSIP 3130AF5N3, 1 sh.   2018-10-29 2019-10-29
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-11-25
FHLB 2.05% 8/27/2021, CUSIP 3130AGYR0, 1 sh.   2019-08-28 2019-11-27
FFCB 2.05% 10/5/22, CUSIP 3133EFX44, 1 sh.   2017-04-05 2019-12-11
FFCB 2.08% 12/5/22, CUSIP 3133EKJ98, 1 sh.   2019-09-05 2019-12-11
FHLMC STEP% 12/15/22, CUSIP 3134GB4R0, 1 sh.   2017-12-15 2019-12-15
FHLB 2% 6/15/22, CUSIP 3130AA4N5, 1 sh.   2016-12-15 2019-12-15
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2019-12-26
FFCB 2.07% 5/9/23, CUSIP 3133EF6L6, 1 sh.   2016-05-09 2020-01-13
FHLB 2% 11/4/22, CUSIP 3130A7V28, 1 sh.   2017-03-31 2020-01-16
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2020-01-27
VA CLG 5.625% 2/1/28, CUSIP 927781TQ7, 1 sh.   2017-02-06 2020-02-01
FFCB 2.35% 7/8/25, CUSIP 3133EKW93, 1 sh.   2019-10-08 2020-02-03
ST LOUIS 4.75%2/1/24, CUSIP 791434VT7, 1 sh.   2015-08-18 2020-02-01
FFCB 2.4% 10/22/25, CUSIP 3133EK3H7, 1 sh.   2019-10-22 2020-02-04
UST BILL 2/13/20, CUSIP 912796TF6, 0 sh.   2019-08-19 2020-02-13
FHLMC 2% 8/22/24, CUSIP 3134GT3Y7, 1 sh.   2019-08-23 2020-02-22
FANNIE MAE3% 12/1/35, CUSIP 3138WGA79, 105.06 sh.   2016-07-14 2020-02-25
FHLMC STEP% 11/25/24, CUSIP 3134G9GA9, 1 sh.   2016-05-25 2020-02-25
FHLMC STEP% 8/25/21, CUSIP 3134G95W3, 1 sh.   2016-08-25 2020-02-25
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 66.4 sh.   2016-08-25 2019-03-08
ENBRIDGE INC NPV, CUSIP 29250N105, 35.84 sh.   2014-05-27 2019-03-08
J P MORGAN CHASE, CUSIP 46625H100, 103 sh.   2016-06-28 2019-03-08
NOVARTIS AG ADR, CUSIP 66987V109, 89.46 sh.   2016-06-28 2019-03-08
NOVARTIS AG ADR, CUSIP 66987V109, 89.46 sh.   2016-06-28 2019-03-08
PROCTER & GAMBLE CO, CUSIP XXX-XX-XXXX, 98.25 sh.   2016-06-28 2019-03-08
EATON CORP PLC, CUSIP G29183103, 79.32 sh.   2017-03-14 2019-03-08
LYONDELLBASELL INDUS, CUSIP N53745100, 87.29 sh.   2017-01-10 2019-03-08
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 130.2699 sh.   2016-06-28 2019-04-30
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 130.2699 sh.   2016-06-28 2019-04-30
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 130.2699 sh.   2016-06-28 2019-04-30
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 130.2699 sh.   2019-03-12 2019-04-30
ALCON INC CHF 0.04, CUSIP H01301128, 59.2 sh.   2014-05-27 2019-05-07
ALCON INC CHF 0.04, CUSIP H01301128, 59.2 sh.   2016-06-23 2019-05-07
CISCO SYS INC, CUSIP 17275R102, 54.3246 sh.   2017-03-01 2019-05-23
CISCO SYS INC, CUSIP 17275R102, 54.3246 sh.   2016-06-28 2019-05-23
AMGEN INC, CUSIP XXX-XX-XXXX, 204.2286 sh.   2017-01-09 2019-08-21
PROCTER & GAMBLE CO, CUSIP XXX-XX-XXXX, 124.2759 sh.   2016-06-28 2019-09-27
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 70.8411 sh.   2016-06-28 2019-10-29
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 70.8411 sh.   2016-06-28 2019-10-29
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 70.8411 sh.   2017-03-14 2019-10-29
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 70.8411 sh.   2016-06-28 2019-10-29
MEDTRONIC PLC, CUSIP G5960L103, 114.3928 sh.   2018-11-29 2020-01-06
MEDTRONIC PLC, CUSIP G5960L103, 114.3928 sh.   2019-03-12 2020-01-06
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2019-03-12 2020-01-10
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2018-01-16 2020-01-10
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2018-11-05 2020-01-10
TRUIST FINANCIAL, CUSIP 89832Q109, 55.9001 sh.   2018-01-08 2020-01-13
ABB LTD SPON ADR, CUSIP 000375204, 24.4201 sh.   2019-10-31 2020-02-20
AGNC INVESTMENT CORP, CUSIP 00123Q104, 19.4843 sh.   2019-03-12 2020-02-20
AGNC INVESTMENT CORP, CUSIP 00123Q104, 19.4843 sh.   2019-03-08 2020-02-20
AT&T INC, CUSIP 00206R102, 38.5001 sh.   2016-06-28 2020-02-20
ABBVIE INC, CUSIP 00287Y109, 93.7101 sh.   2018-04-16 2020-02-20
AMGEN INC, CUSIP XXX-XX-XXXX, 222.6201 sh.   2017-01-09 2020-02-20
BOEING CO, CUSIP XXX-XX-XXXX, 338.4701 sh.   2020-01-31 2020-02-20
BROADCOM INC, CUSIP 11135F101, 313.9901 sh.   2018-11-14 2020-02-20
CHEVRON CORPORATION, CUSIP XXX-XX-XXXX, 110.51 sh.   2019-03-12 2020-02-20
CISCO SYS INC, CUSIP 17275R102, 46.32 sh.   2019-03-12 2020-02-20
CISCO SYS INC, CUSIP 17275R102, 46.32 sh.   2016-06-28 2020-02-20
CRACKER BARREL, CUSIP 22410J106, 164.1101 sh.   2018-06-08 2020-02-20
DIGITAL REALTY TRUST, CUSIP XXX-XX-XXXX, 133.4101 sh.   2018-02-14 2020-02-20
DOMINION RES INC VA, CUSIP 25746U109, 88.0401 sh.   2018-12-17 2020-02-20
DUKE ENERGY CORP NEW, CUSIP 26441C204, 101.2401 sh.   2017-09-01 2020-02-20
EMERSON ELECTRIC CO, CUSIP XXX-XX-XXXX, 72.0101 sh.   2016-06-28 2020-02-20
ENBRIDGE INC NPV, CUSIP 29250N105, 41.9601 sh.   2014-05-27 2020-02-20
GENERAL MILLS INC, CUSIP XXX-XX-XXXX, 53.2701 sh.   2017-08-23 2020-02-20
GILEAD SCIENCES INC, CUSIP XXX-XX-XXXX, 67.0801 sh.   2017-09-06 2020-02-20
HANESBRANDS INC, CUSIP XXX-XX-XXXX, 14.5201 sh.   2019-03-12 2020-02-20
HEALTHPEAK PPTYS INC, CUSIP 42250P103, 36.9901 sh.   2016-11-30 2020-02-20
HUNTINGTON BCSHRES, CUSIP XXX-XX-XXXX, 14.0601 sh.   2018-11-14 2020-02-20
IBM CORPORATION, CUSIP XXX-XX-XXXX, 150.5501 sh.   2018-01-08 2020-02-20
J P MORGAN CHASE, CUSIP 46625H100, 137.5801 sh.   2016-06-28 2020-02-20
JOHNSON & JOHNSON, CUSIP XXX-XX-XXXX, 148.97 sh.   2016-06-28 2020-02-20
KRAFT HEINZ CO, CUSIP XXX-XX-XXXX, 27.5501 sh.   2019-03-08 2020-02-20
LOCKHEED MARTIN, CUSIP XXX-XX-XXXX, 432.6401 sh.   2018-03-12 2020-02-20
MAXIM INTEGRATED, CUSIP 57772K101, 62.8801 sh.   2017-10-30 2020-02-20
MOLSON COORS BEV, CUSIP 60871R209, 54.7101 sh.   2019-10-01 2020-02-20
NATL GRID PLC NPV, CUSIP XXX-XX-XXXX, 67.9401 sh.   2016-06-23 2020-02-20
NOVARTIS AG ADR, CUSIP 66987V109, 96.9201 sh.   2014-05-27 2020-02-20
PAYCHEX INC COM, CUSIP XXX-XX-XXXX, 90.2601 sh.   2018-06-22 2020-02-20
PFIZER INC, CUSIP XXX-XX-XXXX, 35.8601 sh.   2019-03-12 2020-02-20
PFIZER INC, CUSIP XXX-XX-XXXX, 35.8601 sh.   2016-06-28 2020-02-20
PROCTER & GAMBLE CO, CUSIP XXX-XX-XXXX, 126.2201 sh.   2016-06-28 2020-02-20
ROCHE HLDG LTD, CUSIP XXX-XX-XXXX, 44.21 sh.   2017-01-30 2020-02-20
ROYAL DUTCH SHELL A, CUSIP XXX-XX-XXXX, 50.0301 sh.   2019-03-12 2020-02-20
TANGER FAC OUTLET, CUSIP XXX-XX-XXXX, 12.5901 sh.   2019-03-12 2020-02-20
TANGER FAC OUTLET, CUSIP XXX-XX-XXXX, 12.5901 sh.   2016-06-28 2020-02-20
TARGET CORP, CUSIP 87612E106, 117.2001 sh.   2019-01-07 2020-02-20
TRUIST FINANCIAL, CUSIP 89832Q109, 54.7 sh.   2018-01-08 2020-02-20
US BANCORP, CUSIP XXX-XX-XXXX, 54.7401 sh.   2018-02-07 2020-02-20
UNILEVER PLC ADR, CUSIP XXX-XX-XXXX, 59.4101 sh.   2019-01-17 2020-02-20
UPS CLASS B, CUSIP XXX-XX-XXXX, 106.7101 sh.   2018-03-12 2020-02-20
VERIZON COMM, CUSIP 92343V104, 58.1401 sh.   2018-10-25 2020-02-20
EATON CORP PLC, CUSIP G29183103, 104.4401 sh.   2017-03-14 2020-02-20
LYONDELLBASELL INDUS, CUSIP N53745100, 82.0301 sh.   2017-01-10 2020-02-20
MASTERCARD, CUSIP 57636Q104, 224.3658 sh.   2016-06-29 2019-02-27
TRANSDIGM GRP INC, CUSIP XXX-XX-XXXX, 435.9656 sh.   2018-01-26 2019-03-01
DOW HOLDINGS INC, CUSIP XXX-XX-XXXX, 53.07 sh.   2016-02-04 2019-05-16
CORTEVA INC, CUSIP 22052L104, 29.2553 sh.   2017-09-25 2019-06-26
CORTEVA INC, CUSIP 22052L104, 29.2553 sh.   2016-06-24 2019-06-26
CORTEVA INC, CUSIP 22052L104, 29.2553 sh.   2016-06-27 2019-06-26
CORTEVA INC, CUSIP 22052L104, 29.2553 sh.   2016-02-04 2019-06-26
ABBOTT LAB, CUSIP XXX-XX-XXXX, 82.9277 sh.   2016-06-28 2019-06-26
ABBOTT LAB, CUSIP XXX-XX-XXXX, 82.9277 sh.   2016-06-27 2019-06-26
ABBOTT LAB, CUSIP XXX-XX-XXXX, 82.9277 sh.   2016-06-29 2019-06-26
DUPONT DE NEMOURS, CUSIP 26614N102, 70.12 sh.   2016-02-04 2019-07-12
DOW HOLDINGS INC, CUSIP XXX-XX-XXXX, 43.0587 sh.   2017-09-25 2019-09-06
DOW HOLDINGS INC, CUSIP XXX-XX-XXXX, 43.0587 sh.   2016-06-24 2019-09-06
DOW HOLDINGS INC, CUSIP XXX-XX-XXXX, 43.0587 sh.   2016-06-27 2019-09-06
DOW HOLDINGS INC, CUSIP XXX-XX-XXXX, 43.0587 sh.   2016-02-04 2019-09-06
MASTERCARD, CUSIP 57636Q104, 291.7365 sh.   2016-06-29 2019-09-06
MASTERCARD, CUSIP 57636Q104, 291.7365 sh.   2016-06-30 2019-09-06
CHECK POINT TECH, CUSIP M22465104, 107.9561 sh.   2018-07-11 2019-10-17
APPLE INC, CUSIP XXX-XX-XXXX, 299.8701 sh.   2015-11-16 2020-01-08
APPLE INC, CUSIP XXX-XX-XXXX, 299.8701 sh.   2016-06-29 2020-01-08
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 159.2535 sh.   2016-06-29 2020-01-08
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2016-06-28 2020-01-10
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2016-06-29 2020-01-10
SCHLUMBERGER LTD, CUSIP XXX-XX-XXXX, 39.8479 sh.   2016-06-30 2020-01-10
AMAZON.COM INC, CUSIP XXX-XX-XXXX, 2168.5051 sh.   2016-11-23 2020-02-20
AT&T INC, CUSIP 00206R102, 38.5001 sh.   2018-10-05 2020-02-20
ABBOTT LAB, CUSIP XXX-XX-XXXX, 89.07 sh.   2016-06-29 2020-02-20
ABBVIE INC, CUSIP 00287Y109, 93.7101 sh.   2016-06-29 2020-02-20
ALPHABET INC, CUSIP 02079K107, 1522.55 sh.   2016-06-29 2020-02-20
AMETEK INC, CUSIP XXX-XX-XXXX, 100.4371 sh.   2017-04-25 2020-02-20
ANALOG DEVICES, CUSIP XXX-XX-XXXX, 124.0801 sh.   2018-02-22 2020-02-20
APPLE INC, CUSIP XXX-XX-XXXX, 323.95 sh.   2016-06-29 2020-02-20
BERKSH HATH NEW, CUSIP XXX-XX-XXXX, 229.3101 sh.   2016-06-29 2020-02-20
BOEING CO, CUSIP XXX-XX-XXXX, 338.4701 sh.   2018-09-05 2020-02-20
BOOKING HOLDINGS INC, CUSIP 09857L108, 1966.0001 sh.   2016-06-24 2020-02-20
BROOKFLD ASSET CL A, CUSIP XXX-XX-XXXX, 67.8601 sh.   2017-02-10 2020-02-20
CHEVRON CORPORATION, CUSIP XXX-XX-XXXX, 110.51 sh.   2018-05-15 2020-02-20
CISCO SYS INC, CUSIP 17275R102, 46.32 sh.   2016-06-29 2020-02-20
COGNIZANT TECH SOL, CUSIP XXX-XX-XXXX, 68.7701 sh.   2016-07-25 2020-02-20
CONSTELLATION BRDS, CUSIP 21036P108, 205.5501 sh.   2019-01-29 2020-02-20
DIAGEO PLC SPON NEW, CUSIP 25243Q205, 160.9601 sh.   2019-01-08 2020-02-20
WALT DISNEY CO, CUSIP XXX-XX-XXXX, 140.9501 sh.   2018-10-12 2020-02-20
DOMINION RES INC VA, CUSIP 25746U109, 88.0401 sh.   2018-12-14 2020-02-20
EOG RESOURCES, CUSIP 26875P101, 76.5401 sh.   2016-06-29 2020-02-20
EXXON MOBIL CORP, CUSIP 30231G102, 60.23 sh.   2016-06-28 2020-02-20
HONEYWELL INTL INC, CUSIP XXX-XX-XXXX, 181.5501 sh.   2016-06-24 2020-02-20
J P MORGAN CHASE, CUSIP 46625H100, 137.5801 sh.   2016-06-29 2020-02-20
L3HARRIS TECH INC, CUSIP XXX-XX-XXXX, 226.6701 sh.   2020-01-10 2020-02-20
LABORATORY CORP, CUSIP 50540R409, 189.4201 sh.   2019-01-29 2020-02-20
LOWES COS INC, CUSIP XXX-XX-XXXX, 124.5501 sh.   2018-02-22 2020-02-20
MARKEL CORP, CUSIP XXX-XX-XXXX, 1334.1101 sh.   2018-05-15 2020-02-20
MASTERCARD, CUSIP 57636Q104, 345.8601 sh.   2016-06-30 2020-02-20
MERCK & CO NEW, CUSIP 58933Y105, 82.72 sh.   2016-06-28 2020-02-20
MICROSOFT CORP, CUSIP XXX-XX-XXXX, 186.58 sh.   2016-06-29 2020-02-20
PNC BANK CORP, CUSIP XXX-XX-XXXX, 153.1401 sh.   2016-06-29 2020-02-20
PEPSICO INC, CUSIP XXX-XX-XXXX, 145.26 sh.   2016-06-29 2020-02-20
PROCTER & GAMBLE CO, CUSIP XXX-XX-XXXX, 126.2201 sh.   2016-06-29 2020-02-20
ROCHE HLDG LTD, CUSIP XXX-XX-XXXX, 44.21 sh.   2017-01-30 2020-02-20
S&P GLOBAL INC, CUSIP 78409V104, 308.5401 sh.   2019-10-21 2020-02-20
TJX COMPANIES INC, CUSIP XXX-XX-XXXX, 64.2001 sh.   2016-06-29 2020-02-20
THERMO FISHER SCIEN, CUSIP XXX-XX-XXXX, 341.0001 sh.   2017-05-09 2020-02-20
TRANSDIGM GRP INC, CUSIP XXX-XX-XXXX, 639.1601 sh.   2018-01-26 2020-02-20
US BANCORP, CUSIP XXX-XX-XXXX, 54.7401 sh.   2018-02-07 2020-02-20
UNION PACIFIC CORP, CUSIP XXX-XX-XXXX, 183.4201 sh.   2017-01-24 2020-02-20
UNITED TECHNOLOGIES, CUSIP XXX-XX-XXXX, 150.2801 sh.   2018-01-26 2020-02-20
UNITED TECHNOLOGIES, CUSIP XXX-XX-XXXX, 150.2801 sh.   2016-06-29 2020-02-20
VISA INC COM CL A, CUSIP 92826C839, 212.5601 sh.   2016-06-29 2020-02-20
XYLEM INC, CUSIP 98419M100, 87.59 sh.   2019-09-10 2020-02-20
MEDTRONIC PLC, CUSIP G5960L103, 114.3701 sh.   2018-11-29 2020-02-20
LYONDELLBASELL INDUS, CUSIP N53745100, 82.0301 sh.   2016-06-28 2020-02-20
NXP SEMICONDUCTORS, CUSIP N6596X109, 133.5601 sh.   2018-08-06 2020-02-20
(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 49,152   42,251 6,901
b 54,164   46,213 7,951
c 270,958   167,175 103,783
d 150,000   149,963 37
e 50,000   49,963 37
100,000   100,000 0
1,893   1,989 -96
100,000   99,925 75
50,000   50,000 0
125,000   125,000 0
60,000   61,891 -1,891
685   719 -34
60,000   62,395 -2,395
3,141   3,300 -159
250,000   249,875 125
150,000   150,000 0
2,916   3,063 -147
150,000   149,963 37
150,000   150,000 0
100,000   100,396 -396
100,000   100,000 0
100,000   100,000 0
1,095   1,150 -55
60,000   61,032 -1,032
50,000   49,950 50
50,000   50,000 0
50,000   49,800 200
2,230   2,342 -112
50,000   49,975 25
50,000   50,000 0
1,820   1,912 -92
150,000   149,903 97
100,000   100,000 0
50,000   49,950 50
50,000   50,000 0
100,000   99,975 25
2,071   2,176 -105
150,000   150,000 0
100,000   100,000 0
4,364   4,585 -221
150,000   150,000 0
100,000   99,250 750
75,000   75,000 0
75,000   75,000 0
50,000   49,988 12
3,614   3,797 -183
50,000   50,000 0
50,000   49,400 600
4,287   4,505 -218
50,000   53,754 -3,754
100,000   100,000 0
25,000   26,420 -1,420
50,000   50,000 0
148,650   148,650 0
150,000   149,925 75
1,201   1,262 -61
50,000   49,963 37
250,000   250,000 0
8,359   8,439 -80
3,542   4,096 -554
206   128 78
447   475 -28
2,324   2,345 -21
786   671 115
1,110   973 137
3,751   3,826 -75
81,510   32,415 49,095
2,604   971 1,633
14,453   4,441 10,012
8,333   7,065 1,268
4,400   4,076 324
9,509   7,846 1,663
45,961   28,952 17,009
7,163   3,844 3,319
22,254   16,658 5,596
27,327   18,458 8,869
14,864   14,066 798
25,410   21,841 3,569
8,210   6,882 1,328
14,368   10,838 3,530
78,431   63,647 14,784
3,887   3,071 816
8,037   8,385 -348
46,233   88,623 -42,390
15,557   20,146 -4,589
838   773 65
3,873   3,369 504
4,875   4,470 405
1,942   1,768 174
11,186   12,128 -942
8,990   8,907 83
5,786   3,973 1,813
3,046   2,920 126
9,104   6,852 2,252
7,400   8,161 -761
6,384   7,049 -665
2,082   1,310 772
4,593   4,414 179
6,534   5,035 1,499
9,150   7,929 1,221
9,207   7,981 1,226
4,029   2,990 1,039
9,218   9,103 115
6,066   6,527 -461
5,697   7,068 -1,371
3,933   5,002 -1,069
8,198   6,530 1,668
6,006   6,320 -314
8,578   9,219 -641
13,339   6,205 7,134
5,807   4,562 1,245
4,426   5,323 -897
5,191   4,085 1,106
6,596   5,470 1,126
3,334   3,500 -166
7,535   8,890 -1,355
6,586   5,388 1,198
4,961   3,848 1,113
2,506   2,864 -358
3,723   3,593 130
8,326   5,537 2,789
5,298   3,533 1,765
5,397   6,560 -1,163
1,829   2,986 -1,157
1,666   5,029 -3,363
6,208   3,506 2,702
8,742   8,241 501
6,397   6,526 -129
2,849   2,504 345
3,199   3,239 -40
7,260   7,128 132
7,202   4,797 2,405
4,344   4,716 -372
25,795   10,578 15,217
20,487   14,302 6,185
18   15 3
2,929   3,782 -853
3,377   3,251 126
4,097   3,783 314
3,650   3,095 555
746   357 389
12,761   5,962 6,799
15,330   7,074 8,256
24   23 1
4,300   6,831 -2,531
4,945   5,872 -927
6,020   6,833 -813
5,418   5,575 -157
7,875   2,483 5,392
19,542   6,004 13,538
42,726   40,424 2,302
1,499   584 915
35,677   11,134 24,543
54,602   17,174 37,428
4,854   10,270 -5,416
13,368   25,872 -12,504
14,920   28,124 -13,204
8,674   3,046 5,628
5,612   4,952 660
7,210   3,097 4,113
8,335   5,333 3,002
9,135   4,059 5,076
6,123   3,330 2,793
5,705   4,090 1,615
14,899   4,304 10,595
10,775   6,622 4,153
3,384   3,423 -39
3,932   2,588 1,344
8,068   4,374 3,694
3,313   3,891 -578
6,430   3,911 2,519
5,153   4,391 762
4,932   4,002 930
5,470   4,736 734
5,917   4,809 1,108
7,214   6,194 1,020
2,447   2,613 -166
3,430   5,785 -2,355
5,263   3,157 2,106
11,001   4,839 6,162
4,985   4,675 310
7,006   5,086 1,920
6,722   5,210 1,512
4,002   3,467 535
6,916   1,792 5,124
5,125   3,576 1,549
18,838   5,057 13,781
7,348   3,932 3,416
5,663   4,007 1,656
7,569   4,985 2,584
6,578   4,386 2,192
3,393   2,787 606
11,866   6,942 4,924
6,819   3,384 3,435
5,113   2,434 2,679
6,233   6,359 -126
5,684   3,302 2,382
451   409 42
8,412   5,576 2,836
10,625   3,778 6,847
3,326   2,989 337
7,430   6,019 1,411
2,787   2,981 -194
3,738   2,668 1,070
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       6,901
b       7,951
c       103,783
d       37
e       37
      0
      -96
      75
      0
      0
      -1,891
      -34
      -2,395
      -159
      125
      0
      -147
      37
      0
      -396
      0
      0
      -55
      -1,032
      50
      0
      200
      -112
      25
      0
      -92
      97
      0
      50
      0
      25
      -105
      0
      0
      -221
      0
      750
      0
      0
      12
      -183
      0
      600
      -218
      -3,754
      0
      -1,420
      0
      0
      75
      -61
      37
      0
      -80
      -554
      78
      -28
      -21
      115
      137
      -75
      49,095
      1,633
      10,012
      1,268
      324
      1,663
      17,009
      3,319
      5,596
      8,869
      798
      3,569
      1,328
      3,530
      14,784
      816
      -348
      -42,390
      -4,589
      65
      504
      405
      174
      -942
      83
      1,813
      126
      2,252
      -761
      -665
      772
      179
      1,499
      1,221
      1,226
      1,039
      115
      -461
      -1,371
      -1,069
      1,668
      -314
      -641
      7,134
      1,245
      -897
      1,106
      1,126
      -166
      -1,355
      1,198
      1,113
      -358
      130
      2,789
      1,765
      -1,163
      -1,157
      -3,363
      2,702
      501
      -129
      345
      -40
      132
      2,405
      -372
      15,217
      6,185
      3
      -853
      126
      314
      555
      389
      6,799
      8,256
      1
      -2,531
      -927
      -813
      -157
      5,392
      13,538
      2,302
      915
      24,543
      37,428
      -5,416
      -12,504
      -13,204
      5,628
      660
      4,113
      3,002
      5,076
      2,793
      1,615
      10,595
      4,153
      -39
      1,344
      3,694
      -578
      2,519
      762
      930
      734
      1,108
      1,020
      -166
      -2,355
      2,106
      6,162
      310
      1,920
      1,512
      535
      5,124
      1,549
      13,781
      3,416
      1,656
      2,584
      2,192
      606
      4,924
      3,435
      2,679
      -126
      2,382
      42
      2,836
      6,847
      337
      1,411
      -194
      1,070
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 2 407,224
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 996,362 20,496,480 0.048611
2017 999,370 19,711,442 0.050700
2016 915,386 19,682,334 0.046508
2015 1,004,989 20,520,363 0.048975
2014 910,618 21,630,376 0.042099
2
Total of line 1, column (d) .....................
2
0.236893
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
0.047379
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
21,082,217
5
Multiply line 4 by line 3......................
5
998,854
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,949
7
Add lines 5 and 6........................
7
1,006,803
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,045,414
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 7,949
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 7,949
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 7,949
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 9,407
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 9,407
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,458
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet1,458 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)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletAMERICAN NATIONAL BANK TRUST CO Telephone no.bullet (434) 773-2206

    Located atbullet628 MAIN ST PO BOX 191DANVILLEVA ZIP+4bullet245430191
    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
    AMERICAN NATIONAL BANK TRUST CO TRUSTEE
    6.00     		162,466 0 0
    628 MAIN ST
    DANVILLE,VA24541
    KIRK BIDGOOD TRUSTEE
    2.00     		54,153 0 0
    65 LAKE HERON DR
    DANVILLE,VA24541
    EDWARD F HODGES JR TRUSTEE
    2.00     		54,153 0 0
    549 MAIN ST
    DANVILLE,VA24541
    WILLIAM S WOODS TRUSTEE
    2.00     		54,153 0 0
    10851 NC-86
    PROVIDENCE,NC27315
    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
    20,156,724
    b
    Average of monthly cash balances.......................
    1b
    1,246,542
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,403,266
    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
    21,403,266
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    321,049
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,082,217
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,054,111
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,054,111
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    7,949
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,949
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,046,162
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,046,162
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,046,162
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,045,414
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,045,414
    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
    7,949
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,037,465
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,046,162
    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...... 7,004
    e From 2018......  
    fTotal of lines 3a through e........ 7,004
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,045,414
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 1,045,414
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 748 748
    (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 6,256
    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
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		6,256
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017.... 6,256
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DEBRA C CARLSON
    628 MAIN ST 24541 PO BOX 191
    DANVILLE,VA245430191
    (434) 773-2206
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST STATING PURPOSE AND NEED; COPY OF IRS DETERMINATION LETTER
    cAny submission deadlines:
    JANUARY 15 FOR CONSIDERATION BY FEBRUARY OF SUCH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    American Red Cross
    308 Craghead St Suite 104
    Danville,VA24541     		  PC Provide immediate relief to those who experience disasters such as home fires and help families install smoke alarms in local homes 25,000
    Averett University
    420 West Main Street
    Danville,VA24541     		  PC Make Frith Hall Rm 209 a technology classroom for education training - "Classroom for Tomorrow/Today" 35,000
    Boys & Girls Club of the Danville Area
    123 Foster Street
    Danville,VA24541     		  PC Complete final phase of drainage system for Foster Street Club Building ($18,000) and purchase new 29 passenger bus ($10,000) 28,000
    Community Foundation of the Dan River Region
    541 Loyal St
    Danville,VA24541     		  PC Support Wayles R. Harrison Memorial Fund 20,000
    Danville Area Choral Arts Society
    29 Old Farm Road
    Danville,VA24541     		  PC Fund choral presentation of Parts 2 & 3 of Handel's Messiah 2,000
    Danville Community College Educational Foundation Inc
    1008 South Main Street
    Danville,VA24541     		  PC Continue to offset costs of childcare for student parents using the services of the Helping Hands Children's Center at DCC's Carrington Child Development Center 25,000
    Danville Church-Based Tutorial Program Inc
    498 Arnett Blvd
    Danville,VA24540     		  PC Upgrade website and develop incentive program for students who succeed in reading and math through grades, attendance, and conduct 7,670
    Danville Museum of Fine Arts and History
    975 Main Street
    Danville,VA24541     		  PC 3 projects - obtain UVA summer intern ($3,000); provide training to Headstart employees for educational traveling units to public schools for 2020 exhibitions($5,000); printing advertisements for exhibitions ($8,500) 16,500
    Danville-Pittsylvania County Cancer Association Inc
    223 Riverview Dr Suite J
    Danville,VA24541     		  PC Assist cancer clients with transportation; direct mileage reimbursement to clients and gas expenses for company van to drive to and from their cancer-related doctor appointments 20,000
    Danville-Pittsylvania County Chamber Foundation
    P O Box 99
    Blairs,VA24527     		  PC 2020 Tom Tom Summit & Festival ($7,500) and Leadership Southside Program ($5,000) 12,500
    Danville Science Center Inc
    P O Box 167
    Danville,VA24543     		  PC Reimagine Campaign - Assist with updating "brand identity" with new interior and exterior signage, logo, and website 75,000
    Danville Speech & Hearing Center
    P O Box 1687
    Danville,VA24543     		  PC Equipment & software to work remotely: 1 yr subscription to Logmein, 2 Google Pixelbook Go laptops, 2 Portable wireless mice, HP printer and ink cartridges 3,213
    Future of the Piedmont Foundation
    628 Main St
    Danville,VA24541     		  PC Support IALR to promote education, workforce training, and economic development to promote the economic revitalization of the region 25,000
    God's Storehouse Inc
    P O Box 48
    Danville,VA24543     		  PC Purchase of new or used van for use of picking up food donations from grocery stores and organizations ($35,000). Additional funds to be used for purchase of food ($11,428) 46,428
    House of Hope
    P O Box 1197
    Danville,VA24543     		  PC Website Redesign ($1,391), additional funds to be used for purchase of bunk beds and bedding ($5,000) 6,391
    Kids & Pros Inc
    P O Box 2093
    Buford,GA30515     		  PC Provide Danville-Pittsylvania County youth & their families with a free, 3-day, non-contact character based football camp & community event. To be held at Averett University July 13-15, 2020 3,000
    Salvation Army
    123 Henry St
    Danville,VA24540     		  PC 1/24 share of annual distribution 35,570
    Hampden-Sydney College
    P O Box 127
    HampdenSydney,VA23943     		  PC 3/24 share of annual distribtution 106,711
    Sweet Briar College
    P O Box 1051
    Sweet Briar,VA24595     		  PC 9/24 share of annual distribution 320,132
    First Presbyterian Church
    937 Main Street
    Danville,VA24541     		  PC 1/24 share of annual distribution 35,570
    Danville Life Saving & First Aid Crew
    202 Christopher Lane
    Danville,VA24541     		  PC Annual Distribution for Period 3/1/2019-2/29/2020 42,855
    Free Clinic of Danville Inc
    P O Box 665
    Danville,VA24543     		  PC Partial return of unused grant funds from 2017 -15,215
    House of Hope Inc
    P O Box 1197
    Danville,VA24543     		  PC Return of unused grant funds from 2017 -1,150
    Total .................................bullet 3a 875,175
    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 ...........     		         
    4 Dividends and interest from securities....     14 557,827  
    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.....     14 270  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 407,224  
    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).. 0 965,321 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    965,321
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description