TY 2020 Form 990PF

- TIN:

Form990-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.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
THE CLAUDE M AND NERINE ELROD ENDMT

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

63-6216260

B Telephone number (see instructions)

(888) 730-4933

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

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 ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$8,185,911J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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...	139,229		137,013
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		218,578
b	Gross sales price for all assets on line 6a 4,292,495
7	Capital gain net income (from Part IV, line 2)...			218,578
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........	357,807		355,591
13	Compensation of officers, directors, trustees, etc.	73,698		66,328		7,370
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).......		1,066	0	0	1,066
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		3,835	825		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..........	78,599		67,153	0	8,436
25	Contributions, gifts, grants paid.......	326,204				326,204
26	Total expenses and disbursements. Add lines 24 and 25	404,803		67,153	0	334,640
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-46,996
b	Net investment income (if negative, enter -0-)			288,438
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	10,791	16,046	16,046
	2	Savings and temporary cash investments.........	534,134	246,139	246,139
	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).......		1,041,722	2,591,374
	c	Investments—corporate bonds (attach schedule).......		932,920	957,074
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,530,771	3,787,349	4,375,278
	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)	6,075,696	6,024,176	8,185,911
	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........	6,075,696	6,024,176
	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).....	6,075,696	6,024,176
	30	Total liabilities and net assets/fund balances (see instructions).	6,075,696	6,024,176

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

6,075,696

Enter amount from Part I, line 27a .....................

-46,996

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

6,028,700

Decreases not included in line 2 (itemize) bullet

4,524

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,024,176

Form 990-PF (2020)

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	44. ALEXION PHARMACEUTICALS INC			2020-02-14
b	20. ALEXION PHARMACEUTICALS INC		2019-02-26	2020-02-14
c	17. ALIGN TECHNOLOGY INC		2019-08-09	2020-02-14
d	10. ALPHABET INC CL C		2018-11-19	2020-02-14
e	12. AMAZON COM INC COM		2019-08-09	2020-02-14
	351. AMER CENT SMALL CAP GRWTH INST 336		2015-10-08	2020-02-14
	7. APPLE INC		2019-08-09	2020-02-14
	42. APPLE INC		2018-11-19	2020-02-14
	19. ARISTA NETWORKS INC		2018-10-10	2020-02-14
	547. ARTISAN MID CAP FUND-INS 1333		2012-04-20	2020-02-14
	2. BOOKING HOLDINGS INC		2019-09-27	2020-02-14
	3. BOOKING HOLDINGS INC		2018-08-01	2020-02-14
	265. BOSTON SCIENTIFIC CORP COM		2019-09-27	2020-02-14
	14. BROADCOM INC		2018-12-24	2020-02-14
	17. CANADIAN PAC RY LTD		2019-09-30	2020-02-14
	68. CENTENE CORP DEL		2019-12-26	2020-02-14
	18. DEXCOM INC			2020-02-14
	91. FACEBOOK INC		2019-08-09	2020-02-14
	71. FIDELITY NATL INFORMATION SVCS INC			2020-02-14
	62. FORTUNE BRANDS HOME & SECURITY		2013-02-05	2020-02-14
	5982.372 JPMORGAN MID CAP VALUE-R6 #2335			2020-02-14
	85.14 JPMORGAN MID CAP VALUE-R6 #2335		2019-08-08	2020-02-14
	14457.674 JOHN HANCOCK II-ABSLT RTRN-I 3643			2020-02-14
	739.6 JOHN HANCOCK II-ABSLT RTRN-I 3643		2019-10-25	2020-02-14
	61. MICROSOFT CORP		2018-11-19	2020-02-14
	18. NETFLIX.COM INC		2018-11-19	2020-02-14
	17. NVIDIA CORP		2019-02-26	2020-02-14
	81. PRA HEALTH SCIENCES INC		2018-03-13	2020-02-14
	18.279 T ROWE PR REAL ESTATE-I #432		2019-02-27	2020-02-14
	2249.978 T ROWE PR REAL ESTATE-I #432			2020-02-14
	27. SPDR DJ WILSHIRE INTERNATIONAL R ETF		2019-08-08	2020-02-14
	1635. SPDR DJ WILSHIRE INTERNATIONAL R ETF			2020-02-14
	13. TRANSDIGM GROUP INC		2019-09-27	2020-02-14
	47. XPO LOGISTICS INC		2017-06-05	2020-02-14
	83. NORWEGIAN CRUISE LINE HOLDING		2019-02-26	2020-02-14
	15000. US TREASURY NOTE 3.625% 2/15/21		2017-05-17	2020-02-18
	90000. US TREASURY NOTE 2.000% 2/15/22			2020-03-03
	12000. CVS HEALTH CORP 2.125% 6/01/21			2020-03-04
	10000. CVS HEALTH CORP 2.125% 6/01/21		2019-08-08	2020-03-04
	8000. SHERWIN-WILLIAMS CO 2.750% 6/01/22		2019-08-08	2020-03-16
	143. ALEXION PHARMACEUTICALS INC			2020-03-18
	132. ALEXION PHARMACEUTICALS INC			2020-03-18
	81. MIDDLEBY CORP		2019-08-09	2020-03-18
	180. MIDDLEBY CORP			2020-03-18
	30. NETFLIX.COM INC		2019-08-09	2020-03-18
	2000. SHERWIN-WILLIAMS CO 2.750% 6/01/22		2019-08-08	2020-03-30
	1195.779 INV OPP DEVELOP MRKTS-R6 7038		2015-10-08	2020-04-03
	1901.973 EATON VANCE GLOB MACRO ADV-I 208		2017-10-26	2020-04-03
	202.114 FIDELITY NEW MRKTS INC-Z #3323		2016-09-09	2020-04-03
	200. ISHARES MBS ETF		2019-08-09	2020-04-03
	2765. ISHARES CORE MSCI EMERGING ETF			2020-04-03
	1635.779 PIMCO HIGH YIELD FD-INST #108		2019-10-11	2020-04-03
	17316.55 T ROWE PR OVERSEAS STOCK-I #521			2020-04-03
	50000. US TREASURY NOTE 2.125% 7/31/24		2019-08-08	2020-04-03
	30000. US TREASURY NOTE 2.375% 1/31/23			2020-04-03
	30000. US TREASURY NOTE 2.750% 5/31/23		2018-08-02	2020-04-03
	30000. US TREASURY NOTE 2.750% 8/31/23			2020-04-03
	5000. US TREASURY NOTE 2.625% 12/15/21		2019-02-28	2020-04-03
	15000. US TREASURY NOTE 2.125% 9/30/21		2017-11-06	2020-04-03
	30000. US TREASURY NOTE 2.250% 11/15/24		2020-02-19	2020-04-03
	30000. US TREASURY NOTE 2.000% 2/15/25		2020-03-03	2020-04-03
	30000. US TREASURY NOTE 1.750% 9/30/22			2020-04-03
	30000. US TREASURY NOTE 2.500% 5/15/24		2019-08-09	2020-04-03
	5000. ABBVIE INC 3.750% 11/14/23		2019-05-23	2020-04-06
	15000. APPLE INC 1.800% 9/11/24		2019-11-19	2020-04-06
	10000. BANK OF AMERICA CORP 3.300% 1/11/23		2018-07-16	2020-04-06
	10000. BANK OF MONTREAL 2.350% 9/11/22		2019-02-28	2020-04-06
	8000. CVS HEALTH CORP 4.100% 3/25/25		2020-03-04	2020-04-06
	5000. DOLLAR GENERAL CORP 3.250% 4/15/23		2018-09-18	2020-04-06
	5000. DOWDUPONT INC 4.205% 11/15/23		2019-03-26	2020-04-06
	10000. GOLDMAN SACHS GROUP 3.000% 4/26/22		2017-07-28	2020-04-06
	5000. KLA-TENCOR CORP 4.650% 11/01/24		2019-12-10	2020-04-06
	10000. MITSUBISHI UFJ FIN 3.407% 3/07/24		2019-04-08	2020-04-06
	10000. MORGAN STANLEY 3.875% 4/29/24		2019-05-09	2020-04-06
	5000. PAYPAL HOLDINGS INC 2.400% 10/01/24		2019-12-04	2020-04-06
	20000. SHELL INTERNATIONAL 2.000% 11/07/24		2020-02-19	2020-04-06
	5000. SUMITOMO MITSUI FINL 3.748% 7/19/23		2018-07-30	2020-04-06
	15000. US BANCORP 2.350% 1/29/21			2020-04-06
	15000. US BANCORP 2.350% 1/29/21		2019-08-08	2020-04-06
	10000. UNITEDHEALTH GROUP 2.875% 3/15/23		2018-08-03	2020-04-06
	10000. WESTPAC BANKING CORP 3.300% 2/26/24		2019-03-06	2020-04-06
	15000. US TREASURY NOTE 2.750% 5/31/23		2018-08-02	2020-04-24
	45000. US TREASURY NOTE 2.750% 5/31/23			2020-04-24
	60000. US TREASURY NOTE 2.125% 7/31/24			2020-05-04
	20. ALIGN TECHNOLOGY INC			2020-05-28
	5. ALPHABET INC CL C		2019-09-27	2020-05-28
	1667.708 AMER CENT SM CAP GRWTH-Y #5136			2020-05-28
	10766.647 AMER CENT SM CAP GRWTH-Y #5136			2020-05-28
	80. APPLE INC		2020-04-07	2020-05-28
	642.768 ARTISAN MID CAP FUND-INS 1333			2020-05-28
	540. BOSTON SCIENTIFIC CORP COM			2020-05-28
	126. COCA COLA CO		2018-11-19	2020-05-28
	284. COCA COLA CO			2020-05-28
	19. CONCHO RESOURCES INC			2020-05-28
	61. CONCHO RESOURCES INC		2019-11-25	2020-05-28
	25. CONSTELLATION BRANDS INC		2019-08-09	2020-05-28
	60. CONSTELLATION BRANDS INC			2020-05-28
	58. HOME DEPOT INC		2012-12-07	2020-05-28
	142. HOME DEPOT INC			2020-05-28
	22640.249 PIMCO HIGH YIELD FD-INST #108			2020-05-28
	8930.433 JAMES ALPHA GL REAL EST-I			2020-05-28
	939.779 STERLING CAPITAL STRATTON SMALL CAP			2020-05-28
	2461.041 STERLING CAPITAL STRATTON SMALL CAP			2020-05-28
	4. TRANSDIGM GROUP INC		2019-09-27	2020-05-28
	76. TRANSDIGM GROUP INC		2015-12-21	2020-05-28
	20. ULTA BEAUTY INC		2019-02-26	2020-05-28
	225. VISA INC-CLASS A SHRS			2020-05-28
	182. NORWEGIAN CRUISE LINE HOLDING			2020-05-28
	183. NORWEGIAN CRUISE LINE HOLDING			2020-05-28
	3. AMAZON COM INC COM		2020-04-07	2020-06-26
	17. BOEING CO		2019-02-26	2020-06-26
	50. BOEING CO		2019-08-09	2020-06-26
	52. COCA COLA CO		2020-04-07	2020-06-26
	570. COCA COLA CO			2020-06-26
	11. DEXCOM INC		2018-11-19	2020-06-26
	53. LULULEMON ATHLETICA INC			2020-06-26
	7. AMAZON COM INC COM		2020-04-07	2020-07-13
	7. DEXCOM INC		2018-11-19	2020-07-13
	5. NETFLIX.COM INC			2020-07-13
	35. TRACTOR SUPPLY CO COM		2018-11-19	2020-07-13
	38. TRACTOR SUPPLY CO COM		2019-08-09	2020-07-13
	201. JAZZ PHARMACEUTICALS PLC			2020-07-13
	18000. CVS HEALTH CORP 4.100% 3/25/25		2020-03-04	2020-08-25
	675.008 INV OPP DEVELOP MRKTS-R6 7038		2015-10-08	2020-09-25
	432.185 ARTISAN MID CAP FUND-INS 1333		2013-02-25	2020-09-25
	30000. BB&T CORPORATION 2.050% 5/10/21			2020-09-25
	30000. BANK OF NY MELLON CO 2.500% 4/15/21			2020-09-25
	25000. FED NATL MTG ASSN 0.625% 4/22/25		2020-05-04	2020-09-25
	71000. FED HOME LN MTG CORP 0.375% 4/20/23		2020-04-24	2020-09-25
	747. INVESCO OPTIMUM YIELD DIVERS		2020-04-09	2020-09-25
	400. ISHARES MBS ETF		2019-08-09	2020-09-25
	856.783 T ROWE PR OVERSEAS STOCK-I #521		2018-08-02	2020-09-25
	10000. US TREASURY NOTE 2.375% 1/31/23		2019-09-27	2020-09-25
	20000. US TREASURY NOTE 2.375% 1/31/23			2020-09-25
	10000. US TREASURY NOTE 2.750% 8/31/23		2019-09-27	2020-09-25
	20000. US TREASURY NOTE 2.750% 8/31/23			2020-09-25
	45000. US TREASURY NOTE 2.625% 12/15/21			2020-09-25
	15000. US TREASURY NOTE 2.625% 12/15/21		2019-09-27	2020-09-25
	30000. US TREASURY NOTE 2.125% 9/30/21		2017-12-05	2020-09-25
	30000. US TREASURY NOTE 2.125% 9/30/21		2020-02-19	2020-09-25
	30000. US TREASURY NOTE 2.250% 11/15/24		2020-02-19	2020-09-25
	30000. US TREASURY NOTE 2.000% 2/15/25		2020-03-03	2020-09-25
	35000. US TREASURY NOTE 1.750% 9/30/22			2020-09-25
	25000. US TREASURY NOTE 1.750% 9/30/22			2020-09-25
	20000. US TREASURY NOTE 2.500% 5/15/24		2019-08-09	2020-09-25
	10000. US TREASURY NOTE 2.500% 5/15/24		2019-09-27	2020-09-25
	60. VANGUARD MIDCAP VIPER		2019-10-21	2020-09-25
	5. ALPHABET INC CL C			2020-09-28
	434. APPLE INC		2010-12-30	2020-09-28
	9. CHIPOTLE MEXICAN GRILL INC		2020-03-18	2020-09-28
	36. DEXCOM INC			2020-09-28
	53. FACEBOOK INC			2020-09-28
	22. LULULEMON ATHLETICA INC		2019-06-28	2020-09-28
	85. MICROSOFT CORP		2019-08-09	2020-09-28
	49. NVIDIA CORP			2020-09-28
	66. POOL CORPORATION		2019-08-09	2020-09-28
	14. TRANSDIGM GROUP INC		2020-04-07	2020-09-28
	14. ACCENTURE PLC		2020-04-07	2020-09-28
	34. ACCENTURE PLC		2019-09-27	2020-09-28
	26000. CONAGRA BRANDS INC 3.800% 10/22/21		2020-05-06	2020-10-19
	2. AMAZON COM INC COM		2019-08-09	2020-10-22
	73. CENTENE CORP DEL		2019-12-26	2020-10-22
	95. CONCHO RESOURCES INC			2020-10-22
	82. CONCHO RESOURCES INC		2020-04-07	2020-10-22
	97. DANAHER CORP			2020-10-22
	30000. ACE INA HOLDINGS 2.300% 11/03/20			2020-11-03
	4. AMAZON COM INC COM		2019-08-09	2020-12-08
	355.995 INV OPP DEVELOP MRKTS-R6 7038		2015-10-08	2020-12-09
	5813.716 EV GL MACR ABS RTRN ADV-R6 #1072		2017-10-26	2020-12-09
	5079. INVESCO OPTIMUM YIELD DIVERS		2020-04-09	2020-12-09
	736.286 T ROWE PR OVERSEAS STOCK-I #521		2018-08-02	2020-12-09
	623.649 TOUCHSTONE MID CAP-INST #353		2020-02-20	2020-12-09
	983.776 TRIBUTARY SMALL CO-INST PLUS #1705		2020-06-03	2020-12-09
	238. VANGUARD MIDCAP VIPER		2019-10-21	2020-12-09
	7000. CVS HEALTH CORP 4.100% 3/25/25		2020-03-04	2020-12-18
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,517	5,398	-881
b	2,053	2,683	-630
c	4,648	3,145	1,503
d	15,169	10,202	4,967
e	25,625	21,760	3,865
	7,020	4,739	2,281
	2,270	1,417	853
	13,620	7,806	5,814
	4,217	4,353	-136
	23,849	22,372	1,477
	3,995	3,879	116
	5,992	6,099	-107
	11,165	10,677	488
	4,447	3,316	1,131
	4,602	3,797	805
	4,397	4,303	94
	5,117	2,364	2,753
	19,439	17,177	2,262
	11,121	9,468	1,653
	4,509	2,007	2,502
	240,252	196,508	43,744
	3,419	3,249	170
	125,348	140,372	-15,024
	6,412	6,649	-237
	11,264	6,373	4,891
	6,863	4,865	1,998
	4,945	2,671	2,274
	8,993	7,459	1,534
	495	512	-17
	60,974	60,582	392
	1,065	1,032	33
	64,482	62,745	1,737
	8,399	6,482	1,917
	4,468	2,731	1,737
	4,378	4,638	-260
	15,310	16,115	-805
	92,292	90,932	1,360
	12,112	11,862	250
	10,093	9,898	195
	8,347	8,097	250
	11,671	15,115	-3,444
	10,773	12,229	-1,456
	4,008	9,163	-5,155
	8,907	18,247	-9,340
	9,226	9,287	-61
	1,960	2,024	-64
	40,848	37,284	3,564
	18,164	20,313	-2,149
	2,565	3,276	-711
	22,030	21,610	420
	108,934	134,033	-25,099
	12,710	14,538	-1,828
	139,571	179,506	-39,935
	53,777	51,297	2,480
	31,777	29,626	2,151
	32,311	29,854	2,457
	32,489	30,018	2,471
	5,203	5,018	185
	15,425	15,139	286
	32,584	31,155	1,429
	32,352	31,882	470
	31,109	29,750	1,359
	32,643	31,291	1,352
	5,238	5,135	103
	15,293	14,878	415
	10,321	9,879	442
	10,104	9,792	312
	8,474	8,873	-399
	5,077	4,887	190
	5,229	5,235	-6
	10,036	10,130	-94
	5,276	5,484	-208
	10,312	10,096	216
	10,471	10,359	112
	4,983	5,030	-47
	19,766	20,207	-441
	5,185	5,000	185
	15,023	15,354	-331
	15,023	15,070	-47
	10,322	9,812	510
	10,370	9,995	375
	16,140	14,927	1,213
	48,421	46,908	1,513
	64,521	61,453	3,068
	5,034	3,657	1,377
	7,148	6,088	1,060
	32,170	27,079	5,091
	207,689	179,685	28,004
	25,763	21,223	4,540
	28,970	26,254	2,716
	20,408	18,837	1,571
	5,957	6,363	-406
	13,427	14,026	-599
	1,059	1,768	-709
	3,399	4,553	-1,154
	4,442	4,897	-455
	10,662	11,278	-616
	14,406	3,740	10,666
	35,270	28,695	6,575
	192,216	201,478	-9,262
	134,939	169,547	-34,608
	59,281	61,402	-2,121
	155,242	204,419	-49,177
	1,751	1,994	-243
	33,261	13,531	19,730
	4,915	6,198	-1,283
	44,199	39,291	4,908
	2,996	9,153	-6,157
	3,012	7,938	-4,926
	8,177	6,026	2,151
	2,892	7,285	-4,393
	8,505	16,906	-8,401
	2,269	2,486	-217
	24,868	25,799	-931
	4,350	1,330	3,020
	15,441	9,837	5,604
	22,500	14,061	8,439
	2,982	847	2,135
	2,762	1,141	1,621
	4,825	3,240	1,585
	5,238	4,114	1,124
	21,325	17,918	3,407
	20,680	19,965	715
	30,011	21,047	8,964
	23,022	17,447	5,575
	30,275	30,183	92
	30,280	29,727	553
	25,310	25,045	265
	71,339	70,893	446
	10,129	9,083	1,046
	44,131	43,220	911
	8,876	9,622	-746
	10,525	10,245	280
	21,049	20,385	664
	10,761	10,435	326
	21,523	20,750	773
	46,362	45,468	894
	15,454	15,323	131
	30,602	30,063	539
	30,602	30,314	288
	32,523	31,155	1,368
	32,325	31,882	443
	36,140	35,076	1,064
	25,814	24,435	1,379
	21,684	20,861	823
	10,842	10,401	441
	10,168	10,133	35
	7,317	5,995	1,322
	49,860	5,013	44,847
	11,371	4,091	7,280
	14,406	5,506	8,900
	13,602	9,708	3,894
	7,012	3,956	3,056
	17,782	11,742	6,040
	25,460	7,636	17,824
	21,482	13,199	8,283
	7,020	4,235	2,785
	3,119	2,356	763
	7,575	6,489	1,086
	26,920	26,865	55
	6,332	3,627	2,705
	4,897	4,619	278
	4,368	7,068	-2,700
	3,770	4,252	-482
	22,816	10,665	12,151
	30,000	29,686	314
	12,551	7,253	5,298
	18,394	11,100	7,294
	63,486	62,149	1,337
	74,017	61,759	12,258
	8,747	8,268	479
	27,777	26,237	1,540
	29,051	23,060	5,991
	48,530	40,193	8,337
	7,960	7,764	196
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391
			28,391

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			-881
b			-630
c			1,503
d			4,967
e			3,865
			2,281
			853
			5,814
			-136
			1,477
			116
			-107
			488
			1,131
			805
			94
			2,753
			2,262
			1,653
			2,502
			43,744
			170
			-15,024
			-237
			4,891
			1,998
			2,274
			1,534
			-17
			392
			33
			1,737
			1,917
			1,737
			-260
			-805
			1,360
			250
			195
			250
			-3,444
			-1,456
			-5,155
			-9,340
			-61
			-64
			3,564
			-2,149
			-711
			420
			-25,099
			-1,828
			-39,935
			2,480
			2,151
			2,457
			2,471
			185
			286
			1,429
			470
			1,359
			1,352
			103
			415
			442
			312
			-399
			190
			-6
			-94
			-208
			216
			112
			-47
			-441
			185
			-331
			-47
			510
			375
			1,213
			1,513
			3,068
			1,377
			1,060
			5,091
			28,004
			4,540
			2,716
			1,571
			-406
			-599
			-709
			-1,154
			-455
			-616
			10,666
			6,575
			-9,262
			-34,608
			-2,121
			-49,177
			-243
			19,730
			-1,283
			4,908
			-6,157
			-4,926
			2,151
			-4,393
			-8,401
			-217
			-931
			3,020
			5,604
			8,439
			2,135
			1,621
			1,585
			1,124
			3,407
			715
			8,964
			5,575
			92
			553
			265
			446
			1,046
			911
			-746
			280
			664
			326
			773
			894
			131
			539
			288
			1,368
			443
			1,064
			1,379
			823
			441
			35
			1,322
			44,847
			7,280
			8,900
			3,894
			3,056
			6,040
			17,824
			8,283
			2,785
			763
			1,086
			55
			2,705
			278
			-2,700
			-482
			12,151
			314
			5,298
			7,294
			1,337
			12,258
			479
			1,540
			5,991
			8,337
			196

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	218,578
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

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

Form 990-PF (2020)

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	Reserved................................	1	4,009
c	All other domestic foundations enter 1.39% 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	4,009
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	4,009
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	2,852
b	Exempt foreign organizations—tax withheld at source......	6b	0
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	2,852
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	1,157
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

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

16 At any time during calendar year 2020, 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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2020?.............

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)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2020 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 2020.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2020?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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	73,698
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	73,698

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 (2020)

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............. bullet

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 (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,822,115

Average of monthly cash balances.......................

370,448

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,192,563

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,192,563

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

107,888

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

7,084,675

Minimum investment return. Enter 5% of line 5..................

354,234

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.)

Minimum investment return from Part X, line 6....................

354,234

Tax on investment income for 2020 from Part VI, line 5......

4,009

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

4,009

Distributable amount before adjustments. Subtract line 2c from line 1............

350,225

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

350,225

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

350,225

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

334,640

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

334,640

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

334,640

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 (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					350,225
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				326,204
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	0
b From 2016......	0
c From 2017......	0
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 334,640
a Applied to 2019, but not more than line 2a				326,204
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 2020 distributable amount.....					8,436
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					341,789
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 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	0
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	0

Form 990-PF (2020)

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 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(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) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

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).)

NONE

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.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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 (2020)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AL BAPTIST CHILDRENS HOME 2681 ROCKY RIDGE LN BIRMINGHAM,AL35236	NONE	PC	GENERAL OPERATING	326,204
Total ................................. 3a				326,204

bApproved for future payment

Total ................................. 3b

Form 990-PF (2020)

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	(e) Related or exempt function income (See instructions.)
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	139,229
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	218,578
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)..				357,807

13Total. Add line 12, columns (b), (d), and (e)..................

357,807

(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 (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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

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 instructions. 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 (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
931427AH1 WALGREENS BOOTS ALLI	24,331	25,421
9128284X5 US TREASURY NOTE	31,379	32,066
231021AU0 CUMMINS INC	31,088	31,224
06367TG38 BANK OF MONTREAL	35,490	36,232
3135G03U5 FED NATL MTG ASSN	50,091	50,588
86562MBB5 SUMITOMO MITSUI FINL	31,109	32,472
172967LG4 CITIGROUP INC	36,155	36,046
912828G38 US TREASURY NOTE 2.2	31,155	32,318
61746BDQ6 MORGAN STANLEY 3.875	37,445	38,774
91324PCC4 UNITEDHEALTH GROUP	35,936	37,016
606822BD5 MITSUBISHI UFJ FIN	36,587	38,035
822582CC4 SHELL INTERNATIONAL	35,570	36,881
00287YBC2 ABBVIE INC	26,192	27,260
30231GBC5 EXXON MOBIL CORPORAT	36,233	37,903
037833DM9 APPLE INC	34,938	36,731
06051GEU9 BANK OF AMERICA CORP	36,285	37,107
70450YAC7 PAYPAL HOLDINGS INC	25,229	26,716
912828J27 US TREASURY NOTE 2.0	31,882	32,120
26078JAB6 DOWDUPONT INC	26,689	27,581
256677AC9 DOLLAR GENERAL CORP	25,475	26,452
9128283U2 US TREASURY NOTE	30,830	31,397
961214EC3 WESTPAC BANKING CORP	36,691	38,043
15089QAJ3 CELANESE US HOLDINGS	10,422	10,829
29444UBK1 EQUINIX INC	24,940	25,069
776743AM8 ROPER TECHNOLOGIES	30,300	30,362
482480AE0 KLA-TENCOR CORP 4.65	27,543	28,456
42824CBJ7 HP ENTERPRISE CO	15,310	15,413
912828WJ5 US TREASURY NOTE 2.5	31,328	32,327
38141GWC4 GOLDMAN SACHS GROUP	30,379	30,243
78015K7G3 ROYAL BANK OF CANADA	35,918	35,992

Name of Stock	End of Year Book Value	End of Year Fair Market Value
437076102 HOME DEPOT INC	4,578	18,859
169656105 CHIPOTLE MEXICAN GRI	9,545	29,121
532457108 ELI LILLY & CO COM	47,936	51,327
G1151C101 ACCENTURE PLC	19,741	57,989
13645T100 CANADIAN PAC RY LTD	29,040	45,070
983793100 XPO LOGISTICS INC	18,890	39,694
73278L105 POOL CORPORATION	18,795	43,955
45866F104 INTERCONTINENTAL EXC	26,520	58,221
64110L106 NETFLIX INC	22,625	60,021
339041105 FLEETCOR TECHNOLOGIE	30,616	34,104
278865100 ECOLAB INC	8,199	22,934
69354M108 PRA HEALTH SCIENCES	24,646	32,740
15135B101 CENTENE CORP DEL	29,763	42,201
34964C106 FORTUNE BRANDS HOME	16,293	37,031
023135106 AMAZON COM INC COM	32,994	205,187
235851102 DANAHER CORP	7,688	44,206
90384S303 ULTA BEAUTY INC	17,436	21,537
896239100 TRIMBLE INC	33,369	49,744
G66721104 NORWEGIAN CRUISE LIN	12,514	15,360
30303M102 FACEBOOK INC	23,866	114,181
92826C839 VISA INC-CLASS A SHR	18,224	65,400
00507V109 ACTIVISION BLIZZARD	21,824	45,682
92532F100 VERTEX PHARMACEUTICA	20,553	28,361
016255101 ALIGN TECHNOLOGY INC	6,185	41,682
893641100 TRANSDIGM GROUP INC	14,823	30,324
81762P102 SERVICENOW INC	14,497	30,274
11135F101 BROADCOM INC	34,234	66,115
617446448 MORGAN STANLEY	34,280	46,532
037833100 APPLE INC	29,967	207,793
98936J101 ZENDESK INC	22,865	37,927
21036P108 CONSTELLATION BRANDS	16,586	28,696
87918A105 TELADOC HEALTH INC	31,182	27,794
31620M106 FIDELITY NATL INFORM	20,043	40,882
550021109 LULULEMON ATHLETICA	14,924	28,886
252131107 DEXCOM INC	27,267	51,391
040413106 ARISTA NETWORKS INC	28,624	36,321
518439104 ESTEE LAUDER COMPANI	15,812	42,324
594918104 MICROSOFT CORP	43,113	192,393
892356106 TRACTOR SUPPLY CO CO	16,239	42,736
09857L108 BOOKING HOLDINGS INC	24,961	49,000
79466L302 SALESFORCE COM INC	24,714	72,322
697435105 PALO ALTO NETWORKS I	33,791	64,326
02079K107 ALPHABET INC CL C	34,459	140,150
78409V104 S&P GLOBAL INC	13,220	41,749
101137107 BOSTON SCIENTIFIC CO	24,531	41,990
67066G104 NVIDIA CORP	19,750	66,842

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
126650CT5 CVS HEALTH CORP
893641100 TRANSDIGM GROUP INC
06051GEU9 BANK OF AMERICA CORP
92532F100 VERTEX PHARMACEUTICA
191216100 COCA COLA CO
9128283U2 US TREASURY NOTE
339128100 JP MORGAN MID CAP VA
101137107 BOSTON SCIENTIFIC CO
278865100 ECOLAB INC
86562MBB5 SUMITOMO MITSUI FINL
040413106 ARISTA NETWORKS INC
016255101 ALIGN TECHNOLOGY INC
025083320 AMER CENT SMALL CAP
15135B101 CENTENE CORP DEL
87234N765 TCW EMRG MKTS INCM-I	AT COST	303,339	322,437
79466L302 SALESFORCE COM INC
92826C839 VISA INC-CLASS A SHR
11135F101 BROADCOM INC
G1151C101 ACCENTURE PLC
85917K546 STERLING CAPITAL STR
697435105 PALO ALTO NETWORKS I
05531FAV5 BB&T CORPORATION
252131107 DEXCOM INC
38141GWC4 GOLDMAN SACHS GROUP
73278L105 POOL CORPORATION
277923264 EATON VANCE GLOB MAC
G50871105 JAZZ PHARMACEUTICALS
91324PCC4 UNITEDHEALTH GROUP
90384S303 ULTA SALON COSMETICS
G66721104 NORWEGIAN CRUISE LIN
256677AC9 DOLLAR GENERAL CORP
45866F104 INTERCONTINENTALEXCH
235851102 DANAHER CORP
437076102 HOME DEPOT INC
518439104 ESTEE LAUDER COMPANI
594918104 MICROSOFT CORP
21036P108 CONSTELLATION BRANDS
779919307 T ROWE PR REAL ESTAT
596278101 MIDDLEBY CORP
983793100 XPO LOGISTICS INC
30303M102 FACEBOOK INC
78463X863 SPDR DJ WILSHIRE INT
20605P101 CONCHO RESOURCES INC
037833100 APPLE COMPUTER INC C
023135106 AMAZON COM INC
9128284X5 US TREASURY NOTE
64110L106 NETFLIX.COM INC
02079K107 ALPHABET INC/CA
91159HHL7 US BANCORP
912828PX2 US TREASURY NOTE 3.6
892356106 TRACTOR SUPPLY CO CO
04314H600 ARTISAN MID CAP FUND	AT COST	199,099	251,914
912828L57 US TREASURY NOTE
824348AU0 SHERWIN-WILLIAMS CO
015351109 ALEXION PHARMACEUTIC
09857L108 BOOKING HOLDINGS INC
9128284S6 US TREASURY NOTE
69354M108 PRA HEALTH SCIENCES
00440EAT4 ACE INA HOLDINGS
77956H435 T ROWE PR OVERSEAS S	AT COST	204,549	243,482
34964C106 FORTUNE BRANDS HOME
47803M168 JOHN HANCOCK II-CURR
617446448 MORGAN STANLEY
912828F21 US TREASURY NOTE 2.1
06406FAA1 BANK OF NY MELLON CO
78409V104 S&P GLOBAL INC
482480AE0 KLA-TENCOR CORP 4.65
15089QAJ3 CELANESE US HOLDINGS
037833DM9 APPLE INC
61746BDQ6 MORGAN STANLEY 3.875
464288588 ISHARES MBS ETF	AT COST	76,657	77,091
550021109 LULULEMON ATHLETICA
31641Q755 FIDELITY NEW MRKTS I	AT COST	163,717	162,153
70450YAC7 PAYPAL HOLDINGS INC
922908629 VANGUARD MIDCAP VIPE	AT COST	436,099	565,929
06367TG38 BANK OF MONTREAL
9128285R7 US TREASURY NOTE
31620M106 FIDELITY NATL INFORM
693390841 PIMCO HIGH YIELD FD-
931427AH1 WALGREENS BOOTS ALLI
00507V109 ACTIVISION BLIZZARD
26078JAB6 DOWDUPONT INC
46434G103 ISHARES CORE MSCI EM
097023105 BOEING COMPANY
67066G104 NVIDIA CORP
00287YBC2 ABBVIE INC
13645T100 CANADIAN PAC RY LTD
912828WJ5 US TREASURY NOTE 2.5
00143W859 INV OPP DEVELOP MRKT	AT COST	240,905	328,892
9128282N9 US TREASURY NOTE
912828SF8 US TREASURY NOTE 2.0
30231GBC5 EXXON MOBIL CORPORAT
961214EC3 WESTPAC BANKING CORP
606822BD5 MITSUBISHI UFJ FIN
46090F100 INVESCO OPTIMUM YIEL	AT COST	133,358	167,356
27830W108 EV GL MACR ABS RTRN	AT COST	155,327	151,554
89155T649 TOUCHSTONE MID CAP-I	AT COST	406,570	475,501
464287655 ISHARES RUSSELL 2000	AT COST	256,048	332,910
74440Y884 PGIM HIGH YIELD-Q 10	AT COST	842,973	881,009
89609H704 TRIBUTARY SMALL CO-I	AT COST	128,869	164,346
89154Q562 TOUCHSTONE SANDS EM	AT COST	239,839	250,704

Description	Amount
PY RETURN OF CAPITAL ADJ	1,643
MUTUAL FUND TIMING ADJ	2,706
PURCHASE OF ACCRUED INTEREST CARRYOVER	115
COST BASIS ADJUSTMENT	60

Category	Amount	Net Investment Income
FOREIGN TAXES	661	661
FEDERAL TAX PAYMENT - PRIOR YE	158	0
FEDERAL ESTIMATES - PRINCIPAL	2,852	0
FOREIGN TAXES ON NONQUALIFIED	164	164