-
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
08-01-2019
, and ending
07-31-2020
Name of foundation
MUS-JR HYDE JR SCHOLARSHIP FD # 7430
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 185
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH
,
PA
152300185
A Employer identification number
13-6967610
B
Telephone number (see instructions)
(212) 922-8051
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)
$
14,227,699
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
269,488
267,271
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
354,421
b
Gross sales price for all assets on line 6a
4,073,066
7
Capital gain net income (from Part IV, line 2)
...
354,421
8
Net short-term capital gain
.........
0
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
623,909
621,692
13
Compensation of officers, directors, trustees, etc.
86,552
51,931
34,621
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
37,613
4,359
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
124,165
56,290
0
34,621
25
Contributions, gifts, grants paid
.......
750,000
750,000
26
Total expenses and disbursements.
Add lines 24 and 25
874,165
56,290
0
784,621
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-250,256
b
Net investment income
(if negative, enter -0-)
565,402
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
373,401
195,779
195,779
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
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)
..........
10,638,658
10,563,331
14,031,920
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)
11,012,059
10,759,110
14,227,699
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
11,012,059
10,759,110
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
11,012,059
10,759,110
30
Total liabilities and net assets/fund balances
(see instructions)
.
11,012,059
10,759,110
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
11,012,059
2
Enter amount from Part I, line 27a
.....................
2
-250,256
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
10,761,803
5
Decreases not included in line 2 (itemize)
5
2,693
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
10,759,110
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
57. ARISTA NETWORKS INC
2019-05-24
2019-08-01
b
99. FACEBOOK INC
2018-12-12
2019-08-01
c
102. SALESFORCE COM INC
2019-08-01
d
137. SPLUNK INC
2019-03-18
2019-08-01
e
840. ADVANCED MICRO DEVICES INC
2019-08-07
19. NETFLIX COM INC
2019-04-11
2019-08-07
103. INGERSOLL-RAND PLC
2012-02-16
2019-08-07
502. MONSTER BEVERAGE CORP
2014-02-05
2019-08-08
40. ARISTA NETWORKS INC
2019-05-24
2019-08-15
170. CISCO SYS INC
2019-08-15
45. COSTCO WHSL CORP NEW
2016-10-03
2019-08-15
220. MONDELEZ INTERNATIONAL INC
2019-08-15
15000. PRIVATE EXPORT FDG 1.45% 8/15/19
2012-07-31
2019-08-15
250. ABBOTT LABORATORIES
2019-01-24
2019-08-16
282.83 GNMA GTD REMIC P/T 13-17 AB
2019-08-16
118. ILLUMINA INC
2018-07-31
2019-08-16
440. PFIZER INC COM
2019-08-16
175. SPLUNK INC
2019-08-16
10000. U S TREASURY NOTE
2017-09-22
2019-08-16
15000. U S TREASURY NOTE
2019-08-16
59. NETFLIX COM INC
2019-08-20
158. CHEVRONTEXACO CORP
2019-01-18
2019-08-27
2890. GENERAL ELECTRIC CO
2019-02-27
2019-08-27
225. SPLUNK INC
2017-06-13
2019-08-27
41. SPLUNK INC
2019-06-21
2019-08-27
10000. U S TREASURY NOTE
2019-01-14
2019-08-29
5000. U S TREASURY NOTE
2018-01-23
2019-08-30
15000. U S TREASURY NOTE
2019-08-30
10000. ENTERPRISE PRODUCTS 2.55% 10/15/19
2015-05-05
2019-09-03
15000. APPLE INC
2016-04-01
2019-09-05
15000. APPLE INC
2019-06-13
2019-09-05
5000. ALEXANDRIA REAL ESTATE 3.8% 4/15/26
2019-03-12
2019-09-06
820. ADVANCED MICRO DEVICES INC
2019-09-11
289. AMERICAN TOWER CORP-CL A
2019-09-11
162. YUM BRANDS INC
2013-02-01
2019-09-11
144. WORKDAY INC
2019-06-24
2019-09-13
24.31 GNMA GTD REMIC P/T 13-17 AB
2019-09-16
530. BANK AMER CORP
2015-02-25
2019-09-17
53. SVB FINL GROUP
2019-09-17
19. SVB FINL GROUP
2017-07-13
2019-09-17
360. SCHWAB CHARLES CORP NEW
2019-09-17
20000. PETROLEOS MEXICANOS
2015-01-15
2019-09-18
233. ALLERGAN PLC
2019-09-20
120. EXACT SCIENCES CORP
2019-04-02
2019-09-23
9. EXACT SCIENCES CORP
2018-01-12
2019-09-23
15000. AMAZON.COM INC 2.6% 12/05/19
2015-04-14
2019-09-27
38. ADOBE SYS INC COM
2013-02-04
2019-10-03
8. ADOBE SYS INC COM
2019-01-16
2019-10-03
82. SALESFORCE COM INC
2019-10-03
1. SALESFORCE COM INC
2010-07-07
2019-10-03
15000. TOYOTA MOTOR CREDIT 2.15% 3/12/20
2017-08-02
2019-10-03
114. ARISTA NETWORKS INC
2019-10-10
10000. FISERV INC 3.85% 6/01/25
2015-05-19
2019-10-10
10000. FISERV INC 3.85% 6/01/25
2019-06-25
2019-10-10
10000. U S TREASURY NOTE
2018-04-10
2019-10-11
5000. UNITED STATES TREAS 1.125% 6/30/21
2019-06-28
2019-10-11
20000. UNITED STATES TREAS 1.125% 6/30/21
2019-10-11
5000. UNITED STATES TREAS 2.625% 7/15/21
2019-06-12
2019-10-11
961.79 GNMA GTD REMIC P/T 13-17 AB
2019-10-16
158. BOEING COMPANY
2019-10-21
580. MONDELEZ INTERNATIONAL INC
2019-10-21
132. ATLASSIAN CORP PLC-CLASS A
2019-10-21
15000. SUMITOMO MITSUI BANKING CORP
2018-02-05
2019-10-22
260. VERIZON COMMUNICATIONS INC
2018-10-16
2019-10-23
65. TEXAS INSTRUMENTS INC
2019-10-24
202. TEXAS INSTRUMENTS INC
2019-08-07
2019-10-24
72. AMERICAN TOWER CORP-CL A
2019-10-28
260. COMCAST CORP NEW CL A
2019-06-14
2019-10-28
340. VERIZON COMMUNICATIONS INC
2018-10-16
2019-10-28
224. ACCENTURE PLC IRELAND SHS CL A
2019-10-28
21991. US TREAS-CPI
2018-10-24
2019-10-29
10000. PROV ST JOSEPH HLTH 2.746% 10/01/26
2016-09-20
2019-10-31
10000. ACTAVIS FUNDING SCS 3.45% 3/15/22
2015-03-03
2019-11-01
5000. AMAZON.COM INC 2.6% 12/05/19
2015-04-14
2019-11-05
53. NEXTERA ENERGY INC
2019-08-27
2019-11-06
32. NEXTERA ENERGY INC
2019-11-06
246. SVB FINL GROUP
2019-11-06
170. YUM BRANDS INC
2019-11-06
15000. UNITED STATES TREAS 2.625% 7/15/21
2019-06-12
2019-11-07
580. BANK AMER CORP
2015-02-25
2019-11-08
86. NEXTERA ENERGY INC
2018-06-27
2019-11-08
410. MICRON TECHNOLOGY
2019-11-15
620. MARVELL TECHNOLOGY GROUP LTD 0.002
2018-02-06
2019-11-15
100.88 GNMA GTD REMIC P/T 13-17 AB
2019-11-16
130. CVS CORP
2018-09-18
2019-11-18
108. TEXAS INSTRUMENTS INC
2018-09-19
2019-11-18
33. THERMO ELECTRON CORP
2019-03-21
2019-11-18
100. MARVELL TECHNOLOGY GROUP LTD 0.002
2018-02-06
2019-11-18
620. MARVELL TECHNOLOGY GROUP LTD 0.002
2019-03-20
2019-11-18
280. COMCAST CORP NEW CL A
2018-10-15
2019-11-25
170. COMCAST CORP NEW CL A
2019-06-14
2019-11-25
15000. FIDELITY NATIONAL INF 2.25% 8/15/21
2017-10-18
2019-12-02
22.02 GNMA GTD REMIC P/T 13-17 AB
2019-12-16
.55 TRUIST FINL CORP
2019-11-06
2020-01-02
15000. B N S 2.5 1/8/21 2.5% 1/08/21
2018-01-05
2020-01-08
15000. ADOBE SYSTEMS INC
2020-01-09
450. CISCO SYS INC
2020-01-09
15000. SANTANDER HOLDINGS US 2.65% 4/17/20
2015-04-14
2020-01-09
780. MARVELL TECHNOLOGY GROUP LTD 0.002
2020-01-09
99.333 DUPONT DE NEMOURS INC
2019-06-10
2020-01-10
296.667 DUPONT DE NEMOURS INC
2020-01-10
300. DOLLAR TREE INC
2020-01-13
340. TAIWAN SEMICONDUCTOR ADR
2020-01-15
22.08 GNMA GTD REMIC P/T 13-17 AB
2020-01-16
7000. CAMPBELL SOUP CO 3.659% 3/15/23
2018-03-14
2020-01-22
133. ALIGN TECHNOLOGY INC
2020-01-23
320. BOSTON SCIENTIFIC CORP COM
2018-10-18
2020-01-23
140. CVS CORP
2018-09-18
2020-01-23
360. TAIWAN SEMICONDUCTOR ADR
2020-01-23
71. UNITED HEALTH GROUP INC
2019-11-18
2020-01-23
200. DOLLAR TREE INC
2020-01-24
15000. US TREASURY NOTE 2.625% 2/15/29
2020-01-27
15000. CREDIT SUISSE GP FUN 3.45% 4/16/21
2019-06-25
2020-01-29
15000. CREDIT SUISSE GP FUN 3.45% 4/16/21
2017-03-16
2020-01-29
190. CVS CORP
2020-01-31
870. EXELON CORP
2020-01-31
56. VERTEX PHARMACEUTICALS INC
2019-06-19
2020-01-31
1260. AT&T INC
2019-09-11
2020-02-03
310. COMCAST CORP NEW CL A
2020-02-03
60. MARVELL TECHNOLOGY GROUP LTD 0.002
2019-03-25
2020-02-03
990. MARVELL TECHNOLOGY GROUP LTD 0.002
2018-09-20
2020-02-03
221. DOLLAR TREE INC
2020-02-10
460. AT&T INC
2020-02-12
81. AMGEN INC
2019-08-16
2020-02-14
22.14 GNMA GTD REMIC P/T 13-17 AB
2020-02-16
700. CISCO SYS INC
2018-10-22
2020-02-19
15000. US TREASURY NOTE 2.625% 2/15/29
2019-02-12
2020-02-21
111. KLA TENCOR CORP
2019-10-28
2020-02-24
210. ABBOTT LABORATORIES
2020-01-23
2020-02-28
230. NXP SEMICONDUCTORS N V
2019-09-11
2020-02-28
50. AT&T INC
2019-08-27
2020-03-03
40. ABBOTT LABORATORIES
2020-01-23
2020-03-03
40. ABBVIE INC
2020-02-14
2020-03-03
14. ADOBE SYS INC COM
2020-02-28
2020-03-03
80. ADVANCED MICRO DEVICES INC
2019-02-19
2020-03-03
6. AIR PRODUCTS AND CHEMICALS INC COMMON
2020-01-10
2020-03-03
9. ALPHABET INC/CA
2019-11-25
2020-03-03
7. AMAZON COM INC
2020-03-03
110. AMERICAN INTERNATIONAL GROUP
2019-09-17
2020-03-03
11. AMERICAN TOWER CORP-CL A
2015-06-17
2020-03-03
9. AMGEN INC
2019-08-16
2020-03-03
64. APPLE COMPUTER INC COM
2020-03-03
180. BANK AMER CORP
2015-02-25
2020-03-03
80. BOSTON SCIENTIFIC CORP COM
2018-10-18
2020-03-03
40. BRISTOL MYERS SQUIBB CO COM
2019-09-23
2020-03-03
30. CME GROUP INC
2019-11-08
2020-03-03
70. CSX CORP COM
2017-01-13
2020-03-03
60. CVS CORP
2018-10-19
2020-03-03
40. CELANESE CORP DEL
2010-04-16
2020-03-03
40. CENTENE CORP DEL
2020-01-23
2020-03-03
7. CHARTER COMMUNICATIONS INC-A
2020-02-03
2020-03-03
60. CHEVRONTEXACO CORP
2020-03-03
100. COCA-COLA CO USD
2019-09-11
2020-03-03
100. COMCAST CORP NEW CL A
2018-07-13
2020-03-03
460. COMCAST CORP NEW CL A
2020-03-03
18. CONSTELLATION BRANDS INC
2015-08-14
2020-03-03
14. COSTCO WHSL CORP NEW
2016-10-03
2020-03-03
30. DEERE & COMPANY
2017-08-08
2020-03-03
49. DISNEY (WALT) COMPANY HOLDING CO.
2020-03-03
50. DOW INC.
2019-04-12
2020-03-03
7. EQUINIX INC
2020-02-12
2020-03-03
20. EXACT SCIENCES CORP
2020-03-03
90. EXELON CORP
2020-03-03
60. EXXON MOBIL CORP
2019-05-09
2020-03-03
53. FACEBOOK INC
2020-03-03
27. HOME DEPOT INC USD 0.05
2020-01-24
2020-03-03
36. HONEYWELL INTL INC
2005-01-07
2020-03-03
33. ILLINOIS TOOL WORKS INC COM
2014-08-15
2020-03-03
50. INGERSOLL RAND INC
2012-02-16
2020-03-03
8. INTUIT INC COM
2020-02-19
2020-03-03
77. J P MORGAN CHASE & CO
2019-07-18
2020-03-03
26. JOHNSON & JOHNSON COM
2019-04-17
2020-03-03
16. KLA TENCOR CORP
2019-10-28
2020-03-03
20. LUMENTUM HOLDINGS INC
2020-02-24
2020-03-03
170. MGM MIRAGE
2018-04-23
2020-03-03
70. MERCK & CO INC
2018-08-09
2020-03-03
128. MICROSOFT CORP COM
2020-03-03
120. MICRON TECHNOLOGY
2020-02-03
2020-03-03
90. MONDELEZ INTERNATIONAL INC
2016-04-04
2020-03-03
5. NETFLIX COM INC
2018-08-24
2020-03-03
20. NEXTERA ENERGY INC
2018-06-27
2020-03-03
80. NIKE INC CL B
2020-03-03
23. NVIDIA CORP
2020-01-23
2020-03-03
59. PAYPAL HOLDINGS INC
2019-07-29
2020-03-03
50. PFIZER INC COM
2017-10-25
2020-03-03
62. PHILIP MORRIS INTERNATIONAL
2019-04-30
2020-03-03
18. PHILIP MORRIS INTERNATIONAL
2018-04-17
2020-03-03
19. PIONEER NAT RES CO
2020-03-03
41. PROCTER & GAMBLE CO COM
2019-04-30
2020-03-03
22. S & P GLOBAL INC
2019-09-17
2020-03-03
22. SALESFORCE COM INC
2010-07-07
2020-03-03
60. SCHWAB CHARLES CORP NEW
2015-05-12
2020-03-03
20. SEMPRA ENERGY
2020-01-31
2020-03-03
50. SQUARE INC - A
2019-04-11
2020-03-03
140. SYNCHRONY FINANCIAL
2019-11-08
2020-03-03
20. T -MOBILE US INC
2017-09-11
2020-03-03
40. TAIWAN SEMICONDUCTOR ADR
2019-04-04
2020-03-03
14. TEXAS INSTRUMENTS INC
2018-09-19
2020-03-03
12. THERMO ELECTRON CORP
2019-03-21
2020-03-03
90. TRUIST FINL CORP
2019-11-06
2020-03-03
24. UNITED TECHNOLOGIES CORP
2019-10-21
2020-03-03
23. UNITED HEALTH GROUP INC
2019-11-18
2020-03-03
30. VALERO ENERGY CORP NEW
2009-10-20
2020-03-03
11. VERTEX PHARMACEUTICALS INC
2019-06-19
2020-03-03
54. VISA INC
2020-03-03
80. VOYA FINANCIAL INC
2015-10-19
2020-03-03
40. YUM BRANDS INC
2020-02-10
2020-03-03
4. ATLASSIAN CORP PLC-CLASS A
2019-06-25
2020-03-03
14. ATLASSIAN CORP PLC-CLASS A
2018-03-28
2020-03-03
7. ACCENTURE PLC IRELAND SHS CL A
2019-05-09
2020-03-03
40. EATON CORP PLC
2012-11-30
2020-03-03
43. MEDTRONIC PLC
2020-01-23
2020-03-03
790. MGM MIRAGE
2020-03-04
10000. EBAY INC 2.15% 6/05/20
2017-05-30
2020-03-05
10000. US TREASURY NOTE 2.875% 11/30/23
2019-06-18
2020-03-05
20000. US TREASURY NOTE 1.75% 7/15/22
2019-10-29
2020-03-05
25000. NBC UNIVERSAL MEDIA LLC
2012-10-22
2020-03-06
.1024 INGERSOLL RAND INC
2012-02-16
2020-03-09
54. S & P GLOBAL INC
2020-03-09
84. ACCENTURE PLC IRELAND SHS CL A
2019-05-09
2020-03-09
33. ACCENTURE PLC IRELAND SHS CL A
2019-05-09
2020-03-11
37. KLA TENCOR CORP
2019-10-28
2020-03-12
10000. TOYOTA MOTOR CREDIT 2.15% 3/12/20
2019-06-20
2020-03-12
270. NIKE INC CL B
2018-02-14
2020-03-13
344.35 GNMA GTD REMIC P/T 13-17 AB
2020-03-16
251. EXACT SCIENCES CORP
2020-03-17
60. MEDTRONIC PLC
2020-03-17
1430. MGM MIRAGE
2020-03-19
510. MGM MIRAGE
2019-11-06
2020-03-19
48. PHILIP MORRIS INTERNATIONAL
2019-04-30
2020-03-19
232. PHILIP MORRIS INTERNATIONAL
2020-03-19
147. HOME DEPOT INC USD 0.05
2020-03-20
10000. AMGEN INC 4.1% 6/15/21
2019-01-30
2020-03-22
530. SYNCHRONY FINANCIAL
2016-10-05
2020-03-24
200. SYNCHRONY FINANCIAL
2019-11-08
2020-03-24
73. VISA INC
2015-10-19
2020-03-24
229.3333 DOW INC.
2019-04-12
2020-03-25
296.6667 DOW INC.
2020-03-25
10000. UNITED STATES TREAS 1.125% 8/31/21
2020-02-21
2020-03-26
5000. UNITED STATES TREAS 1.125% 8/31/21
2020-02-21
2020-03-26
5000. U S TREASURY NOTE 2.125% 9/30/21
2019-02-12
2020-03-26
30000. UNITED STATES TREAS 2.625% 7/15/21
2019-06-12
2020-03-26
160. DISNEY (WALT) COMPANY HOLDING CO.
2020-03-30
340. EXXON MOBIL CORP
2019-05-09
2020-03-30
10000. ORACLE CORP 2.5% 5/15/22
2019-06-13
2020-03-31
20000. ORACLE CORP 2.5% 5/15/22
2015-04-28
2020-03-31
10000. INTEL CORP
2016-11-09
2020-04-02
440. AT&T INC
2019-08-27
2020-04-03
96. CONSTELLATION BRANDS INC
2020-04-03
23635.475 VIRTUS EMERGING MKTS OPPOR-I
2020-04-07
373. CARRIER GLOBAL CORP
2019-10-21
2020-04-08
767. INGERSOLL RAND INC
2012-02-16
2020-04-08
5000. U S TREASURY NOTE 2.875% 10/15/21
2019-01-23
2020-04-13
40000. UNITED STATES TREAS 2.5% 1/15/22
2019-01-10
2020-04-13
5000. U S TREASURY NOTE 2.125% 9/30/21
2019-02-12
2020-04-13
15000. UNITED STATES TREAS NT 1.5% 10/31/21
2019-12-05
2020-04-13
250. EXELON CORP
2020-04-15
37. NEXTERA ENERGY INC
2018-06-27
2020-04-15
74. SEMPRA ENERGY
2020-01-31
2020-04-15
98.27 GNMA GTD REMIC P/T 13-17 AB
2020-04-16
15000. UNITED STATES TREAS NT 1.5% 2/15/30
2020-03-06
2020-04-16
.5 OTIS WORLDWIDE CORP
2019-10-21
2020-04-22
12. AMAZON COM INC
2020-04-24
8. AMAZON COM INC
2020-04-29
360. MERCK & CO INC
2020-05-04
15000. U S TREASURY NOTE
2020-05-05
70. MERCK & CO INC
2014-01-24
2020-05-06
25. THERMO ELECTRON CORP
2019-03-21
2020-05-06
30000. UNITED STATES TREAS 2.5% 1/15/22
2019-01-10
2020-05-08
84. SALESFORCE COM INC
2010-07-07
2020-05-14
495.78 GNMA GTD REMIC P/T 13-17 AB
2020-05-16
310. TAIWAN SEMICONDUCTOR ADR
2020-05-19
400. TAIWAN SEMICONDUCTOR ADR
2020-05-26
15000. UNITED STATES TREAS 1.875% 1/31/22
2020-06-02
2. AMAZON COM INC
2011-06-02
2020-06-03
4. AMAZON COM INC
2020-03-13
2020-06-03
62. JOHNSON & JOHNSON COM
2020-06-03
44. VERTEX PHARMACEUTICALS INC
2020-06-03
15. ADOBE SYS INC COM
2020-02-28
2020-06-04
51. MICROSOFT CORP COM
2019-06-24
2020-06-04
84. ATLASSIAN CORP PLC-CLASS A
2018-03-28
2020-06-04
27. AMGEN INC
2019-08-16
2020-06-10
42. JOHNSON & JOHNSON COM
2020-06-10
80. MERCK & CO INC
2014-01-24
2020-06-10
170. SQUARE INC - A
2019-04-11
2020-06-11
400. TRUIST FINL CORP
2019-11-06
2020-06-11
28421.25 US TREAS-CPI
2017-03-21
2020-06-11
26451. U S TREASURY INFLAT 0.125% 4/15/22
2018-03-28
2020-06-11
54. BIOGEN IDEC INC
2020-03-17
2020-06-16
661.81 GNMA GTD REMIC P/T 13-17 AB
2020-06-16
290. CVS CORP
2020-06-23
460. MERCK & CO INC
2014-01-24
2020-06-23
22. UNITED HEALTH GROUP INC
2019-11-18
2020-06-23
35000. INTERCONTINENTALEXCHA 2.75% 12/01/20
2020-06-25
304. JOHNSON & JOHNSON COM
2017-08-10
2020-06-25
330. T-MOBILES US INC- RIGHTS 12/25/50
2020-06-26
2020-06-30
20000. FLORIDA ST HURRICANE 2.995% 7/01/20
2013-04-10
2020-07-01
450. AT&T INC
2019-08-27
2020-07-06
127. SQUARE INC - A
2020-07-13
94. CROWDSTRIKE HOLDINGS INC - A
2020-05-19
2020-07-15
106. PAYPAL HOLDINGS INC
2019-07-29
2020-07-15
6. PAYPAL HOLDINGS INC
2019-05-09
2020-07-15
20. TRADE DESK INC/THE
2020-03-09
2020-07-15
36. ADOBE SYS INC COM
2013-02-04
2020-07-16
2. ADOBE SYS INC COM
2020-02-28
2020-07-16
19.95 GNMA GTD REMIC P/T 13-17 AB
2020-07-16
88. SALESFORCE COM INC
2010-07-07
2020-07-16
30000. FANNIE MAE 1.875% 1/17/24
2020-03-05
2020-07-17
32. UNITED HEALTH GROUP INC
2019-11-18
2020-07-17
22. VERTEX PHARMACEUTICALS INC
2019-06-05
2020-07-17
10000. NOBLE ENERGY INC 3.85% 1/15/28
2017-08-08
2020-07-21
125. PROCTER & GAMBLE CO COM
2020-03-19
2020-07-27
25000. INTEL CORP
2020-07-29
CAPITAL GAIN DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
15,588
14,589
999
b
19,558
14,415
5,143
c
15,947
16,262
-315
d
18,602
17,580
1,022
e
24,271
25,440
-1,169
5,705
6,960
-1,255
12,203
3,291
8,912
28,635
11,221
17,414
8,659
10,238
-1,579
7,937
7,857
80
12,199
6,793
5,406
11,734
9,522
2,212
15,000
14,970
30
21,191
17,610
3,581
283
283
33,814
37,656
-3,842
15,330
16,506
-1,176
21,913
21,761
152
9,934
9,834
100
14,900
14,582
318
17,695
21,186
-3,491
18,263
18,048
215
22,881
31,033
-8,152
25,238
13,144
12,094
4,599
5,090
-491
9,924
9,709
215
4,963
4,859
104
14,888
14,511
377
10,000
10,129
-129
15,088
15,269
-181
15,088
15,020
68
5,352
4,995
357
24,352
20,422
3,930
61,665
35,546
26,119
18,431
7,640
10,791
24,154
30,149
-5,995
24
24
15,767
8,745
7,022
11,269
12,239
-970
4,040
3,474
566
15,438
11,543
3,895
20,750
20,850
-100
38,843
34,224
4,619
12,629
11,039
1,590
947
474
473
15,005
15,424
-419
10,324
1,454
8,870
2,173
1,928
245
12,022
11,854
168
147
22
125
15,020
15,128
-108
25,880
28,280
-2,400
10,758
9,993
765
10,758
10,594
164
9,921
9,637
284
4,954
4,923
31
19,816
19,794
22
5,082
5,076
6
962
961
1
52,276
55,660
-3,384
31,087
24,369
6,718
15,304
17,207
-1,903
15,017
14,970
47
15,818
13,944
1,874
7,675
7,190
485
23,851
24,313
-462
15,228
6,755
8,473
11,824
11,011
813
20,439
18,234
2,205
40,979
40,259
720
22,317
21,575
742
10,234
10,000
234
10,239
9,986
253
5,000
5,141
-141
12,049
11,899
150
7,275
5,423
1,852
57,269
43,623
13,646
16,881
6,472
10,409
15,229
15,228
1
19,205
9,570
9,635
19,059
14,451
4,608
19,587
18,340
1,247
16,697
13,335
3,362
101
101
9,725
10,244
-519
12,719
11,583
1,136
9,932
8,937
995
2,631
2,151
480
16,315
12,485
3,830
12,129
9,924
2,205
7,364
7,199
165
15,087
14,904
183
22
22
31
30
1
15,095
14,985
110
15,018
16,727
-1,709
21,242
20,749
493
15,018
14,940
78
20,310
15,474
4,836
5,968
7,407
-1,439
17,824
21,414
-3,590
27,229
30,876
-3,647
19,839
16,844
2,995
22
22
7,364
6,984
380
36,066
19,484
16,582
13,881
12,011
1,870
10,201
11,032
-831
20,515
15,576
4,939
21,178
19,466
1,712
17,672
19,668
-1,996
16,313
14,948
1,365
15,267
15,244
23
15,267
15,159
108
12,899
14,606
-1,707
41,238
40,176
1,062
12,577
10,090
2,487
46,648
48,566
-1,918
13,292
10,984
2,308
1,454
1,187
267
23,986
18,622
5,364
19,222
21,179
-1,957
17,570
17,468
102
18,065
16,536
1,529
22
22
32,193
32,139
54
16,495
14,926
1,569
17,221
19,345
-2,124
15,970
19,036
-3,066
25,834
25,303
531
1,864
1,739
125
3,279
3,626
-347
3,574
3,775
-201
5,069
4,721
348
3,938
1,949
1,989
1,404
1,408
-4
12,574
11,741
833
13,819
14,417
-598
4,674
6,253
-1,579
2,694
1,030
1,664
1,923
1,837
86
19,255
18,698
557
5,127
2,970
2,157
3,110
3,003
107
2,438
2,037
401
6,461
5,954
507
5,038
2,707
2,331
3,862
4,529
-667
3,809
1,358
2,451
2,268
2,694
-426
3,505
3,749
-244
5,828
6,846
-1,018
5,712
5,475
237
4,275
3,509
766
19,423
14,927
4,496
3,251
2,298
953
4,372
2,113
2,259
4,979
3,953
1,026
5,869
5,638
231
2,074
2,895
-821
4,402
4,359
43
1,507
1,054
453
4,160
3,172
988
3,195
4,588
-1,393
10,326
7,560
2,766
6,309
6,337
-28
5,992
1,183
4,809
5,793
2,864
2,929
1,600
409
1,191
2,263
2,444
-181
9,112
8,842
270
3,628
3,631
-3
2,523
2,788
-265
1,681
1,608
73
4,177
6,148
-1,971
5,711
4,647
1,064
22,023
18,925
3,098
6,539
6,461
78
5,078
3,668
1,410
1,920
1,777
143
5,474
3,361
2,113
7,545
5,737
1,808
6,378
5,790
588
6,720
6,606
114
1,766
1,812
-46
5,328
5,272
56
1,547
1,859
-312
2,318
2,966
-648
4,955
4,348
607
6,419
5,624
795
3,867
494
3,373
2,437
1,912
525
2,902
3,203
-301
3,878
3,781
97
4,206
5,172
-966
1,863
1,259
604
2,236
1,681
555
1,653
1,501
152
3,871
3,250
621
4,329
4,943
-614
3,273
3,321
-48
6,355
6,306
49
2,020
552
1,468
2,571
1,982
589
10,403
4,182
6,221
4,400
3,198
1,202
3,711
4,094
-383
593
516
77
2,074
733
1,341
1,333
1,213
120
3,894
1,467
2,427
4,440
5,178
-738
18,113
25,859
-7,746
10,015
9,990
25
10,814
10,462
352
20,530
20,058
472
25,863
28,613
-2,750
2
1
1
13,239
13,146
93
13,835
14,553
-718
5,420
5,717
-297
4,904
6,448
-1,544
10,000
10,000
20,165
18,321
1,844
344
344
10,672
12,446
-1,774
4,658
6,693
-2,035
11,386
43,524
-32,138
4,061
15,493
-11,432
3,117
4,081
-964
15,067
19,263
-4,196
23,819
34,142
-10,323
10,295
10,194
101
7,706
14,833
-7,127
2,908
7,389
-4,481
11,025
5,626
5,399
6,878
13,277
-6,399
8,898
14,032
-5,134
10,123
9,962
161
5,061
4,981
80
5,137
4,974
163
30,947
30,456
491
15,576
16,773
-1,197
12,786
25,997
-13,211
10,174
10,050
124
20,348
19,930
418
10,018
10,296
-278
12,104
15,307
-3,203
12,602
12,247
355
213,901
225,000
-11,099
5,221
8,846
-3,625
19,114
6,280
12,834
5,199
5,037
162
41,575
39,972
1,603
5,139
4,974
165
15,296
14,973
323
9,268
8,338
930
8,782
6,217
2,565
8,984
11,849
-2,865
98
98
16,247
16,108
139
23
36
-13
28,836
22,827
6,009
18,875
13,879
4,996
27,572
19,318
8,254
16,021
15,145
876
5,438
3,639
1,799
8,416
6,770
1,646
31,186
29,979
1,207
13,962
1,886
12,076
496
496
15,849
13,010
2,839
20,506
16,361
4,145
15,424
15,326
98
4,937
385
4,552
9,874
6,848
3,026
9,166
8,509
657
12,186
7,754
4,432
5,782
5,058
724
9,375
7,042
2,333
14,461
4,395
10,066
6,112
5,512
600
6,178
5,700
478
6,498
4,158
2,340
14,749
12,857
1,892
15,125
21,968
-6,843
28,721
28,641
80
26,727
26,104
623
15,285
16,533
-1,248
662
662
18,738
21,231
-2,493
35,532
23,910
11,622
6,555
6,032
523
35,294
35,042
252
42,399
40,587
1,812
56
56
20,000
20,000
13,647
15,655
-2,008
15,919
9,582
6,337
9,511
7,417
2,094
18,039
11,868
6,171
1,021
652
369
8,545
4,444
4,101
15,193
1,377
13,816
844
674
170
20
20
16,129
1,976
14,153
30,000
30,089
-89
9,848
8,773
1,075
6,446
3,817
2,629
11,286
9,969
1,317
15,807
14,408
1,399
25,000
25,317
-317
82,112
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
999
b
5,143
c
-315
d
1,022
e
-1,169
-1,255
8,912
17,414
-1,579
80
5,406
2,212
30
3,581
-3,842
-1,176
152
100
318
-3,491
215
-8,152
12,094
-491
215
104
377
-129
-181
68
357
3,930
26,119
10,791
-5,995
7,022
-970
566
3,895
-100
4,619
1,590
473
-419
8,870
245
168
125
-108
-2,400
765
164
284
31
22
6
1
-3,384
6,718
-1,903
47
1,874
485
-462
8,473
813
2,205
720
742
234
253
-141
150
1,852
13,646
10,409
1
9,635
4,608
1,247
3,362
-519
1,136
995
480
3,830
2,205
165
183
1
110
-1,709
493
78
4,836
-1,439
-3,590
-3,647
2,995
380
16,582
1,870
-831
4,939
1,712
-1,996
1,365
23
108
-1,707
1,062
2,487
-1,918
2,308
267
5,364
-1,957
102
1,529
54
1,569
-2,124
-3,066
531
125
-347
-201
348
1,989
-4
833
-598
-1,579
1,664
86
557
2,157
107
401
507
2,331
-667
2,451
-426
-244
-1,018
237
766
4,496
953
2,259
1,026
231
-821
43
453
988
-1,393
2,766
-28
4,809
2,929
1,191
-181
270
-3
-265
73
-1,971
1,064
3,098
78
1,410
143
2,113
1,808
588
114
-46
56
-312
-648
607
795
3,373
525
-301
97
-966
604
555
152
621
-614
-48
49
1,468
589
6,221
1,202
-383
77
1,341
120
2,427
-738
-7,746
25
352
472
-2,750
1
93
-718
-297
-1,544
1,844
-1,774
-2,035
-32,138
-11,432
-964
-4,196
-10,323
101
-7,127
-4,481
5,399
-6,399
-5,134
161
80
163
491
-1,197
-13,211
124
418
-278
-3,203
355
-11,099
-3,625
12,834
162
1,603
165
323
930
2,565
-2,865
139
-13
6,009
4,996
8,254
876
1,799
1,646
1,207
12,076
2,839
4,145
98
4,552
3,026
657
4,432
724
2,333
10,066
600
478
2,340
1,892
-6,843
80
623
-1,248
-2,493
11,622
523
252
1,812
56
-2,008
6,337
2,094
6,171
369
4,101
13,816
170
14,153
-89
1,075
2,629
1,317
1,399
-317
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
354,421
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
617,143
13,353,457
0.046216
2017
617,144
13,457,256
0.04586
2016
615,914
12,237,765
0.050329
2015
922,309
11,705,792
0.078791
2014
567,171
12,646,483
0.044848
2
Total
of line 1, column (d)
.....................
2
0.266044
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
0.053209
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
13,362,582
5
Multiply line 4 by line 3
......................
5
711,010
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
5,654
7
Add lines 5 and 6
........................
7
716,664
8
Enter qualifying distributions from Part XII, line 4
,.............
8
784,621
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
5,654
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
5,654
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
5,654
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
26,289
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
26,289
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
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
20,635
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
2,828
Refunded
11
17,807
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
TN
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
BNY MELLON NA
Telephone no.
(212) 922-8051
Located at
PO BOX 185
PITTSBURGH
PA
ZIP+4
152300185
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
BNY MELLON NA
TRUSTEE
1
86,552
PO BOX 185
PITTSBURGH
,
PA
152300185
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
13,315,343
b
Average of monthly cash balances
.......................
1b
250,730
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
13,566,073
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
13,566,073
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
203,491
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
13,362,582
6
Minimum investment return.
Enter 5% of line 5
..................
6
668,129
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
668,129
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
5,654
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
5,654
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
662,475
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
662,475
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
662,475
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
784,621
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
784,621
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
5,654
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
778,967
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
662,475
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
......
0
b
From 2015
......
266,872
c
From 2016
......
17,385
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
284,257
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
784,621
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
.....
662,475
e
Remaining amount distributed out of corpus
122,146
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
406,403
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
......
406,403
10
Analysis of line 9:
a
Excess from 2015
....
266,872
b
Excess from 2016
....
17,385
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
122,146
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).)
NONE
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.
NONE
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
MEMPHIS UNIVERSITY SCHOOL
6191 PARK AVENUE
MEMPHIS
,
TN
38119
NONE
I
SCHOLARSHIPS
750,000
Total
.................................
3a
750,000
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
269,488
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
354,421
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)
..
623,909
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
623,909
(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