Form990-PF
Click to see attachment

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 07-01-2019 , and ending 06-30-2020
Name of foundation
ALFRED I DUPONT AWARDS
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

59-6122735
B Telephone number (see instructions)

(336) 747-8182
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$2,997,056
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 289,818
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 71,471 71,471  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 97,072
b Gross sales price for all assets on line 6a 1,517,485
7 Capital gain net income (from Part IV, line 2)... 97,072
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........ 458,361 168,543  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,570 36,513   4,057
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... 2,059 0 0 2,059
b Accounting fees (attach schedule)....... 1,020 0 0 1,020
c Other professional fees (attach schedule).... 1,160 1,160   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 4,312 840   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.......... 49,121 38,513 0 7,136
25 Contributions, gifts, grants paid....... 439,818 439,818
26 Total expenses and disbursements. Add lines 24 and 25 488,939 38,513 0 446,954
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -30,578
b Net investment income (if negative, enter -0-) 130,030
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
Assets 1 Cash—non-interest-bearing............. 1,778 277 277
2 Savings and temporary cash investments......... 210,624 54,786 54,786
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,599,042 Click to see attachment2,723,175 2,941,993
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) 2,811,444 2,778,238 2,997,056
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
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........ 2,811,444 2,778,238
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,811,444 2,778,238
30 Total liabilities and net assets/fund balances (see instructions). 2,811,444 2,778,238
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,811,444
2
Enter amount from Part I, line 27a .....................
2
-30,578
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
287
4
Add lines 1, 2, and 3 ..........................
4
2,781,153
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,915
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,778,238
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 1. EQUINIX INC   2015-11-20 2019-07-10
b 4. PROGRESSIVE CORP OHIO   2015-08-04 2019-07-10
c 1. VERISIGN INC COM   2015-08-04 2019-07-10
d 1. VERISK ANALYTICS INC   2015-08-04 2019-07-10
e 101. AGILENT TECHNOLOGIES INC   2017-09-07 2019-07-25
263. BANK OF AMERICA CORP   2017-01-11 2019-07-25
16. PROGRESSIVE CORP OHIO   2018-08-09 2019-07-25
342. SYMANTEC CORP   2019-05-20 2019-07-25
78. VALERO ENERGY CORP     2019-07-25
5. COPART INC COM   2015-08-04 2019-07-29
3. DOLLAR GENERAL CORP   2015-08-04 2019-07-29
2. MOHAWK INDS INC COM   2015-08-04 2019-07-29
2. S&P GLOBAL INC   2016-01-26 2019-07-29
1. TRANSDIGM GROUP INC   2015-08-04 2019-07-29
1. VERISIGN INC COM   2015-08-04 2019-07-29
5142.863 EATON VANCE GLOBAL MACRO - I   2014-03-20 2019-07-31
2452.892 JOHN HANCOCK II-CURR STR-I 3643   2017-10-26 2019-07-31
1967. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-10-26 2019-07-31
1. EXPEDIA INC     2019-08-02
1. AIR PRODS & CHEMS INC COM   2016-06-15 2019-08-15
9. ECHOSTAR CORPORATION     2019-08-15
4. GARTNER INC     2019-08-15
6. MOHAWK INDS INC COM     2019-08-15
4. RESTAURANT BRANDS INTERN   2015-08-04 2019-08-15
722.007 INV OPP DEVELOP MRKTS-R6   2013-12-03 2019-08-16
1882.77 ARTISAN INTERNATIONAL FD INS #662   2012-12-06 2019-08-16
12115.191 CREDIT SUISSE COMM RT ST-CO 2156   2016-02-16 2019-08-16
1135.403 CREDIT SUISSE COMM RT ST-CO 2156   2019-05-30 2019-08-16
4832.153 DRIEHAUS ACTIVE INCOME FUND     2019-08-16
1766.559 EATON VANCE GLOBAL MACRO - I     2019-08-16
4395.564 MONDRIAN INTERNATIONAL EQUITY FUND     2019-08-16
1758.071 JOHN HANCOCK II-CURR STR-I 3643   2017-10-26 2019-08-16
1230.965 JPMORGAN HIGH YIELD FUND SS 3580     2019-08-16
2873.061 LAZARD EMERGING MKTS PTFL 638   2008-11-07 2019-08-16
2904.775 ASG GLOBAL ALTERNATIVES-Y 1993     2019-08-16
2438.303 PIMCO FOREIGN BD FD USD H-INST #103     2019-08-16
4039.011 ROBECO BP LNG/SHRT RES-INS     2019-08-16
7981.336 T ROWE PRICE INST FLOAT RATE 170     2019-08-16
811. VANGUARD BD INDEX FD INC     2019-08-16
687.374 VANGUARD INFLAT-PROT SECS-ADM 5119   2017-10-31 2019-08-16
439.976 WF LARGE CAP GROWTH-R6 #4653   2004-12-03 2019-08-16
.8 EXPEDIA INC     2019-08-26
6. COPART INC COM   2015-08-04 2019-08-30
3. RESTAURANT BRANDS INTERN   2015-08-04 2019-08-30
1. TRANSDIGM GROUP INC   2015-08-04 2019-08-30
3. TRANSUNION   2017-10-12 2019-08-30
1. S&P GLOBAL INC   2016-01-26 2019-09-20
7. IHS MARKIT LTD   2016-10-14 2019-09-20
4. SBA COMMUNICATIONS CORP   2015-08-04 2019-09-26
1. ANSYS INC   2018-06-22 2019-10-14
2. DOLLAR GENERAL CORP   2015-08-04 2019-10-14
1. METTLER-TOLEDO INTL INC   2018-05-10 2019-10-14
2. S&P GLOBAL INC     2019-10-14
1. VERISIGN INC COM   2015-08-04 2019-10-14
2. VERISK ANALYTICS INC   2015-08-04 2019-10-14
1. MARTIN MARIETTA MATLS INC COM   2015-12-10 2019-10-15
4. AIR PRODS & CHEMS INC COM     2019-11-05
4. MARTIN MARIETTA MATLS INC COM     2019-11-05
2. MOODYS CORP   2015-12-10 2019-11-05
1. S&P GLOBAL INC   2016-01-27 2019-11-05
3. ABBVIE INC   2018-03-20 2019-11-20
4. ALLISON TRANSMISSION HOLDINGS   2018-09-19 2019-11-20
1. AMERICAN TOWER REIT   2017-06-05 2019-11-20
2. AMGEN INC   2015-01-21 2019-11-20
1. APPLE INC   2014-10-15 2019-11-20
4. APPLIED INDL TECHNOLOGIES INC COM   2018-02-20 2019-11-20
2. BAXTER INTL INC   2017-12-15 2019-11-20
3. CBRE GROUP INC   2019-02-01 2019-11-20
1. CDW CORP/DE   2019-05-20 2019-11-20
1. CASEYS GEN STORES INC   2019-02-01 2019-11-20
4. CENTENE CORP DEL   2014-11-11 2019-11-20
220. CENTERPOINT ENERGY INC   2017-09-07 2019-11-20
1. CHEVRON CORP   2016-06-14 2019-11-20
3. CISCO SYSTEMS INC   2018-03-20 2019-11-20
4. CITIZENS FINANCIAL GROUP INC   2017-01-11 2019-11-20
1. COSTCO WHOLESALE CORP   2018-03-20 2019-11-20
2. CUMMINS INC.   2017-11-13 2019-11-20
16. EMCOR GROUP INC COM   2016-12-13 2019-11-20
2. EVERCORE PARTNERS INC   2018-07-03 2019-11-20
7. FORTINET INC   2019-05-20 2019-11-20
2. HOME DEPOT INC   2014-10-15 2019-11-20
5. HUNTSMAN CORP   2018-03-20 2019-11-20
3. INTEL CORP   2015-01-21 2019-11-20
2. JPMORGAN CHASE & CO   2015-05-18 2019-11-20
5. JABIL CIRCUIT INC COM   2015-12-21 2019-11-20
1. JOHNSON & JOHNSON   2017-08-01 2019-11-20
1. LEAR CORP   2014-10-15 2019-11-20
238. MACY'S INC   2018-05-03 2019-11-20
2. MICROSOFT CORP   2014-10-15 2019-11-20
2. PROLOGIS INC   2016-09-13 2019-11-20
3. PRUDENTIAL FINL INC   2015-08-13 2019-11-20
1. RELIANCE STL & ALUM CO COM   2019-05-20 2019-11-20
3. TJX COMPANIES INC   2016-09-13 2019-11-20
36. TARGET CORP   2017-09-07 2019-11-20
1. UNITEDHEALTH GROUP INC   2015-02-25 2019-11-20
1. WAL MART STORES INC   2016-10-31 2019-11-20
65. XILINX INC   2019-05-20 2019-11-20
8. ZEBRA TECHNOLOGIES CORP CL A   2018-08-09 2019-11-20
2. DOLLAR GENERAL CORP   2015-08-04 2019-11-26
2. MARTIN MARIETTA MATLS INC COM     2019-11-26
4. TRANSUNION   2017-10-12 2019-11-26
4. IHS MARKIT LTD     2019-11-26
115. PROGRESSIVE CORP OHIO   2018-08-09 2019-12-26
1. AIR PRODS & CHEMS INC COM   2016-10-14 2020-01-10
1. ANSYS INC   2018-06-22 2020-01-10
14. FNF GROUP   2015-08-04 2020-01-10
3. FIRST REPUBLIC BANK/SAN FRANCI   2018-02-22 2020-01-10
1. MARTIN MARIETTA MATLS INC COM   2017-03-01 2020-01-10
1. O'REILLY AUTOMOTIVE INC   2015-08-04 2020-01-10
1. AON PLC   2015-12-10 2020-01-10
1459.318 ARTISAN INTERNATIONAL FD INS #662   2012-12-06 2020-01-22
1273.026 DODGE & COX INT'L STOCK FD #1048     2020-01-22
852.209 HARTFORD MIDCAP FUND-F #3108   2017-10-26 2020-01-22
12678.968 JPMORGAN HIGH YIELD FUND SS 3580     2020-01-22
1794.688 LOOMIS SAYLES BOND FD INSTL 1162   2015-02-17 2020-01-22
5165.186 PIMCO EMERG MKTS BD-INST 137     2020-01-22
722.38 T ROWE PRICE EQUITY INC-I #426   2005-04-06 2020-01-22
517.393 WF LARGE CAP GROWTH-R6 #4653   2004-12-03 2020-01-22
2. AIR PRODS & CHEMS INC COM   2016-11-08 2020-01-30
1. ANSYS INC   2018-06-22 2020-01-30
2. MARTIN MARIETTA MATLS INC COM     2020-01-30
1. S&P GLOBAL INC   2016-01-27 2020-01-30
1. VERISK ANALYTICS INC   2015-08-04 2020-01-30
1240.505 FIDELITY NEW MRKTS INC-Z #3323   2017-10-26 2020-01-31
3796.446 PIMCO EMERG MKTS BD-INST 137     2020-01-31
3. COPART INC COM   2015-08-04 2020-02-10
1. MARTIN MARIETTA MATLS INC COM   2017-08-09 2020-02-10
9. BROOKFIELD ASSET MANAGE-CL A   2015-08-04 2020-02-18
10. FNF GROUP   2015-08-04 2020-02-18
5. IHS MARKIT LTD   2016-10-26 2020-02-18
7. BROOKFIELD ASSET MANAGE-CL A   2015-08-04 2020-02-25
1. ANSYS INC   2018-06-22 2020-03-05
2. DOMINOS PIZZA INC   2019-03-01 2020-03-05
1. FIRST REPUBLIC BANK/SAN FRANCI   2018-02-22 2020-03-05
4. GUIDEWIRE SOFTWARE INC   2018-09-17 2020-03-05
20.00693 KENNEDY-WILSON HOLDINGS INC     2020-03-05
8.99307 KENNEDY-WILSON HOLDINGS INC   2018-07-26 2020-03-05
3. VERISK ANALYTICS INC   2015-08-04 2020-03-05
12. WAYFAIR INC     2020-03-05
105. APPLIED INDL TECHNOLOGIES INC COM   2018-02-20 2020-03-09
160. CBRE GROUP INC   2019-02-01 2020-03-09
53. CASEYS GEN STORES INC   2019-02-01 2020-03-09
120. CENTENE CORP DEL     2020-03-09
57. VARIAN MED SYS INC   2019-05-20 2020-03-09
1. DOMINOS PIZZA INC   2019-03-01 2020-03-20
14. WAYFAIR INC     2020-03-20
5. BROWN & BROWN INC   2015-08-04 2020-03-31
4. DOLLAR GENERAL CORP     2020-03-31
2. MSCI INC   2015-12-10 2020-03-31
3. SHOPIFY INC - A W/I   2018-09-17 2020-03-31
1. SHOPIFY INC - A W/I   2020-02-10 2020-03-31
17. LIBERTY GLOBAL PLC-SERIES C   2015-08-04 2020-03-31
570.036 T ROWE PR REAL ESTATE-I #432   2019-07-31 2020-04-01
2682.506 T ROWE PR REAL ESTATE-I #432     2020-04-01
13. RESTAURANT BRANDS INTERN   2015-08-04 2020-04-07
5. SBA COMMUNICATIONS CORP     2020-04-07
9. AMERICAN TOWER REIT   2017-06-05 2020-04-21
16. BAXTER INTL INC   2017-12-15 2020-04-21
22. BRISTOL MYERS SQUIBB CO   2019-11-20 2020-04-21
4. COSTCO WHOLESALE CORP   2018-03-20 2020-04-21
128. DELTA AIR LINES INC   2019-07-25 2020-04-21
99. EXXON MOBIL CORPORATION     2020-04-21
14. GILEAD SCIENCES INC   2020-03-09 2020-04-21
8. HOME DEPOT INC   2014-10-15 2020-04-21
219. JABIL CIRCUIT INC COM   2015-12-21 2020-04-21
.5 BROOKFIELD ASSET MANAGE-CL A   2015-08-04 2020-04-22
12. COLFAX CORPORATION     2020-05-05
2. DOLLAR GENERAL CORP   2017-06-08 2020-05-05
4. FIRST REPUBLIC BANK/SAN FRANCI   2018-02-22 2020-05-05
3. GARTNER INC     2020-05-05
3. PROGRESSIVE CORP OHIO     2020-05-05
3. SBA COMMUNICATIONS CORP   2015-12-10 2020-05-05
3. VERISK ANALYTICS INC     2020-05-05
6. IHS MARKIT LTD   2016-10-26 2020-05-05
1. DOLLAR GENERAL CORP   2017-06-08 2020-06-01
2. DOMINOS PIZZA INC   2019-03-01 2020-06-01
9. FIRST REPUBLIC BANK/SAN FRANCI     2020-06-01
10. LIBERTY MEDIA GROUP     2020-06-01
10. IHS MARKIT LTD     2020-06-01
15. LIBERTY GLOBAL PLC-A     2020-06-01
25. LIBERTY GLOBAL PLC-SERIES C     2020-06-01
5. AMERCO     2020-06-03
6. BLACK KNIGHT INC   2015-08-04 2020-06-03
1. O'REILLY AUTOMOTIVE INC   2015-08-04 2020-06-03
5. TRANSUNION   2017-10-12 2020-06-03
1. ANSYS INC   2018-07-26 2020-06-26
1. AUTODESK INC   2015-09-28 2020-06-26
6. BROWN & BROWN INC   2015-08-04 2020-06-26
5. BROWN FORMAN CORP CL B     2020-06-26
1. DOMINOS PIZZA INC   2019-03-01 2020-06-26
12. ELANCO ANIMAL HEALTH INC     2020-06-26
2. FIRST REPUBLIC BANK/SAN FRANCI   2018-05-10 2020-06-26
2. IDEXX CORP   2018-08-01 2020-06-26
1. MSCI INC   2015-12-10 2020-06-26
1. MOODYS CORP   2015-12-10 2020-06-26
6. PROGRESSIVE CORP OHIO   2015-12-10 2020-06-26
5. SBA COMMUNICATIONS CORP   2015-12-10 2020-06-26
18. LIBERTY GLOBAL PLC-A     2020-06-26
25. LIBERTY GLOBAL PLC-SERIES C     2020-06-26
9. AMERICAN TOWER REIT   2017-06-05 2020-06-29
10. COSTCO WHOLESALE CORP   2018-03-20 2020-06-29
283. FIFTH THIRD BANCORP   2019-07-25 2020-06-29
31. FORTINET INC   2019-05-20 2020-06-29
287. HUNTSMAN CORP     2020-06-29
138. TJX COMPANIES INC   2016-09-13 2020-06-29
10. UNITED THERAPEUTICS CORP DEL   2020-04-21 2020-06-29
6. UNITEDHEALTH GROUP INC   2015-02-25 2020-06-29
6. ZEBRA TECHNOLOGIES CORP CL A   2018-08-09 2020-06-29
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 519   293 226
b 333   144 189
c 217   79 138
d 150   77 73
e 7,043   6,575 468
8,095   6,003 2,092
1,292   1,000 292
7,686   6,863 823
6,644   3,624 3,020
396   132 264
409   261 148
249   390 -141
488   177 311
494   228 266
214   79 135
45,103   47,958 -2,855
22,199   23,940 -1,741
75,492   75,050 442
129   106 23
225   135 90
348   397 -49
501   498 3
664   1,169 -505
296   179 117
29,516   27,176 2,340
59,891   46,658 13,233
53,428   52,566 862
5,007   4,926 81
45,036   52,107 -7,071
15,351   16,473 -1,122
58,065   69,609 -11,544
16,034   17,159 -1,125
8,826   9,375 -549
46,888   35,080 11,808
31,982   32,488 -506
27,650   25,926 1,724
60,626   61,334 -708
78,297   81,986 -3,689
65,665   64,771 894
18,154   17,693 461
19,627   11,108 8,519
103   84 19
454   158 296
236   134 102
535   228 307
250   178 72
254   88 166
472   279 193
984   433 551
224   172 52
323   174 149
682   562 120
505   177 328
185   79 106
312   154 158
266   191 75
866   541 325
1,011   762 249
426   211 215
251   88 163
263   341 -78
183   209 -26
216   132 84
450   314 136
264   111 153
251   288 -37
164   131 33
167   137 30
137   104 33
172   128 44
237   98 139
5,463   6,574 -1,111
118   101 17
136   134 2
152   145 7
301   186 115
363   338 25
1,432   1,135 297
157   208 -51
737   570 167
444   184 260
117   146 -29
174   109 65
260   133 127
195   118 77
135   133 2
119   82 37
3,568   7,492 -3,924
300   86 214
182   103 79
280   268 12
118   88 30
177   112 65
4,447   2,106 2,341
273   115 158
119   70 49
5,922   6,505 -583
1,915   1,300 615
316   174 142
533   381 152
345   237 108
291   160 131
8,230   7,189 1,041
235   135 100
261   172 89
641   437 204
343   292 51
275   191 84
437   224 213
208   97 111
49,821   36,164 13,657
55,326   55,751 -425
27,952   25,870 2,082
92,683   96,558 -3,875
25,000   26,359 -1,359
55,784   58,597 -2,813
23,297   20,643 2,654
24,162   13,063 11,099
474   271 203
277   172 105
523   381 142
296   88 208
163   77 86
18,905   20,239 -1,334
41,191   43,069 -1,878
308   79 229
274   191 83
606   314 292
445   312 133
401   200 201
446   244 202
253   172 81
669   515 154
101   97 4
387   391 -4
405   413 -8
182   186 -4
497   231 266
712   1,444 -732
5,297   7,572 -2,275
8,029   7,314 715
9,026   6,763 2,263
6,636   2,954 3,682
6,667   7,443 -776
337   257 80
376   1,684 -1,308
180   99 81
616   348 268
589   228 361
1,256   713 543
419   238 181
269   607 -338
9,833   11,174 -1,341
46,273   52,582 -6,309
521   582 -61
1,402   541 861
2,173   1,185 988
1,454   1,046 408
1,334   1,227 107
1,212   744 468
2,950   8,024 -5,074
4,069   8,307 -4,238
1,115   1,043 72
1,613   737 876
5,111   5,179 -68
16   12 4
292   362 -70
349   174 175
404   390 14
356   374 -18
231   108 123
874   325 549
466   231 235
395   240 155
193   87 106
784   515 269
984   877 107
350   306 44
703   399 304
325   615 -290
529   892 -363
1,599   1,818 -219
453   261 192
422   227 195
454   296 158
285   172 113
233   84 149
241   118 123
306   209 97
366   257 109
253   396 -143
208   195 13
652   416 236
333   114 219
270   105 165
466   216 250
1,464   541 923
377   738 -361
518   892 -374
2,274   1,185 1,089
3,008   1,860 1,148
5,262   8,453 -3,191
4,112   2,524 1,588
5,083   8,377 -3,294
6,958   5,139 1,819
1,192   1,046 146
1,732   688 1,044
1,503   975 528
      60,304
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       226
b       189
c       138
d       73
e       468
      2,092
      292
      823
      3,020
      264
      148
      -141
      311
      266
      135
      -2,855
      -1,741
      442
      23
      90
      -49
      3
      -505
      117
      2,340
      13,233
      862
      81
      -7,071
      -1,122
      -11,544
      -1,125
      -549
      11,808
      -506
      1,724
      -708
      -3,689
      894
      461
      8,519
      19
      296
      102
      307
      72
      166
      193
      551
      52
      149
      120
      328
      106
      158
      75
      325
      249
      215
      163
      -78
      -26
      84
      136
      153
      -37
      33
      30
      33
      44
      139
      -1,111
      17
      2
      7
      115
      25
      297
      -51
      167
      260
      -29
      65
      127
      77
      2
      37
      -3,924
      214
      79
      12
      30
      65
      2,341
      158
      49
      -583
      615
      142
      152
      108
      131
      1,041
      100
      89
      204
      51
      84
      213
      111
      13,657
      -425
      2,082
      -3,875
      -1,359
      -2,813
      2,654
      11,099
      203
      105
      142
      208
      86
      -1,334
      -1,878
      229
      83
      292
      133
      201
      202
      81
      154
      4
      -4
      -8
      -4
      266
      -732
      -2,275
      715
      2,263
      3,682
      -776
      80
      -1,308
      81
      268
      361
      543
      181
      -338
      -1,341
      -6,309
      -61
      861
      988
      408
      107
      468
      -5,074
      -4,238
      72
      876
      -68
      4
      -70
      175
      14
      -18
      123
      549
      235
      155
      106
      269
      107
      44
      304
      -290
      -363
      -219
      192
      195
      158
      113
      149
      123
      97
      109
      -143
      13
      236
      219
      165
      250
      923
      -361
      -374
      1,089
      1,148
      -3,191
      1,588
      -3,294
      1,819
      146
      1,044
      528
       
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 97,072
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 440,435 3,062,547 0.143813
2017 433,096 3,154,198 0.137308
2016 463,295 2,999,758 0.154444
2015 380,925 2,924,748 0.130242
2014 436,715 3,269,914 0.133556
2
Total of line 1, column (d) .....................
2
0.699363
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
0.139873
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
2,998,996
5
Multiply line 4 by line 3......................
5
419,479
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,300
7
Add lines 5 and 6........................
7
420,779
8
Enter qualifying distributions from Part XII, line 4,.............
8
446,954
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 1,300
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 1,300
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,300
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 2,129
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 2,129
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 10 829
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet829 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletFL
    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 addressbullet  
    14
    The books are in care ofbulletWells Fargo Bank NA Telephone no.bullet (336) 747-8182

    Located atbullet100 N MAIN ST D4001-065WINSTON SALEMNC ZIP+4bullet27101
    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
     
    No
    ........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
    WELLS FARGO BANK N A TRUSTEE
    1
    40,570    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,939,770
    b
    Average of monthly cash balances.......................
    1b
    104,896
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,044,666
    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
    3,044,666
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    45,670
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,998,996
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    149,950
    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
    149,950
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,300
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,300
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    148,650
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    148,650
    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
    148,650
    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
    446,954
    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
    446,954
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    1,300
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    445,654
    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 7 148,650
    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...... 57,802
    b From 2015...... 0
    c From 2016...... 314,301
    d From 2017...... 5,344
    e From 2018...... 83,486
    fTotal of lines 3a through e........ 460,933
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 446,954
    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)........
    Click to see attachment281,377
    d Applied to 2019 distributable amount..... 148,650
    e Remaining amount distributed out of corpus 16,927
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 759,237
    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) .......
    281,377
    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 ......
    477,860
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 314,301
    c Excess from 2017.... 5,344
    d Excess from 2018.... 83,486
    e Excess from 2019.... 74,729
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    COLUMBIA UNIVERSITY JOURNALISM SCHOOL
    2950 BROADWAY
    NEW YORK,NY10027
    NONE PC GENERAL SUPPORT 439,818
    Total .................................bullet 3a 439,818
    bApproved for future payment
    Total .................................bullet 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.)
    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 71,471  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 97,072  
    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)..   168,543  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    168,543
    (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


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    Form 990-PF (2019)
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