Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Ruth McC Tankersley Charitable Fnd
 
Number and street (or P.O. box number if mail is not delivered to street address)3430 East Sunrise Drive STE 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Tucson, AZ85718
A Employer identification number

86-6224242
B Telephone number (see instructions)

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$47,424,760J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 472 472  
4 Dividends and interest from securities... 1,046,904 1,046,904  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 2,598,615
b Gross sales price for all assets on line 6a 17,772,377
7 Capital gain net income (from Part IV, line 2)... 364,706
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,645,991 1,412,082  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 67,497 67,497    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 73,200 73,200    
b Accounting fees (attach schedule)....... Click to see attachment 6,500 6,500    
c Other professional fees (attach schedule).... Click to see attachment 67,209 67,209    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,273 7,873    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 179 179    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 234,858 222,458   0
25 Contributions, gifts, grants paid....... 4,169,856 4,169,856
26 Total expenses and disbursements. Add lines 24 and 25 4,404,714 222,458   4,169,856
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -758,723
b Net investment income (if negative, enter -0-) 1,189,624
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 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.............      
2 Savings and temporary cash investments......... 339,713 176,814 176,814
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,720,829 Click to see attachment8,055,391 9,247,959
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).......... 34,673,338 Click to see attachment33,767,129 37,992,387
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 20,000 7,600 Click to see attachment7,600
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,753,880 42,006,934 47,424,760
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 42,753,880 42,006,934
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)..... 42,753,880 42,006,934
30 Total liabilities and net assets/fund balances (see instructions). 42,753,880 42,006,934
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
42,753,880
2
Enter amount from Part I, line 27a .....................
2
-758,723
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,777
4
Add lines 1, 2, and 3 ..........................
4
42,006,934
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
42,006,934
Form 990-PF (2020)
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 Wells Fargo P    
b Wells Fargo P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 215,636     215,636
b 149,070     149,070
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       215,636
b       149,070
c
d
e
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 2 364,706
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
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 Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 16,536
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 16,536
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 16,536
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,600
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,936
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the 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)
    bulletAZ
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 ofbulletLynne Davies Telephone no.bullet (520) 792-1181

    Located atbullet3430 E Sunrise Dr 200TucsonAZ ZIP+4bullet857183236
    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 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
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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
     
    No
    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 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.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    John Helenbolt Trustee
    0.00     		0 0 0
    3430 East Sunrise Drive
    Tucson,AZ85718
    Margot Rubin Trustee
    0.00     		67,497 0 0
    150 E 58th Street 27th Floor
    New York,NY10155
    Kristie Miller Trustee
    0.00     		0 0 0
    5901 MacArthur Blvd Ste 294
    Washington,DC20016
    Mark Miller Trustee
    0.00     		0 0 0
    11105 Autumn Lane
    Clermont,FL34711
    Michael Halle Trustee
    0.00     		0 0 0
    241 S Beverly St
    Chandler,AZ852259584
    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 (2020)
    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)
    Form 990-PF (2020)
    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
    7,269,971
    b
    Average of monthly cash balances.......................
    1b
    388,021
    c
    Fair market value of all other assets (see instructions)................
    1c
    34,983,974
    d
    Total (add lines 1a, b, and c).........................
    1d
    42,641,966
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    42,641,966
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    639,629
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    42,002,337
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,100,117
    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
    2,100,117
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,536
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,536
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,083,581
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,083,581
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,083,581
    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
    4,169,856
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,169,856
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,169,856
    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)
    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 2,083,581
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 364,456
    b From 2016...... 1,096,721
    c From 2017...... 1,662,351
    d From 2018...... 2,071,516
    e From 2019...... 1,914,388
    fTotal of lines 3a through e........ 7,109,432
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,169,856
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 2,083,581
    e Remaining amount distributed out of corpus 2,086,275
    5 Excess distributions carryover applied to 2020.    
    (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 9,195,707
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		364,456
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		8,831,251
    10 Analysis of line 9:
    a Excess from 2016.... 1,096,721
    b Excess from 2017.... 1,662,351
    c Excess from 2018.... 2,071,516
    d Excess from 2019.... 1,914,388
    e Excess from 2020.... 2,086,275
    Form 990-PF (2020)
    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 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Lynne Davies
    3430 E Sunrise Dr
    Tucson,AZ85718
    (520) 792-1181
    ldavies@duffieldlaw.com
    bThe form in which applications should be submitted and information and materials they should include:
    Proof of 501 (C) 3
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Trust does not accept unsolicited grant requests
    Form 990-PF (2020)
    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)
    aPaid during the year
    Michaels Foundation
    3411 Feathergrass CT
    Saint Cloud,FL34773     		    Equine Assisted Veteran programs 292,000
    Piedmont Environmental Education
    P O Box 442
    Barnesville,MD20838     		    Education for students to explore nature & envirom 20,000
    Sugarloaf Citizens Assoc
    P O Box 218
    Barnesville,MD20838     		    Grant farming demostration project 20,000
    Mt Zion AME Church Inc
    P O Box 484
    Oakland,FL34760     		    Grant - support for the Church 5,000
    West Organge Habitat for Humanity
    13369 W Colonial Drive
    Winter Garden,FL34787     		    Grant for building homes for low income neighbors 5,000
    Community Integration Services Inc
    P O Box 560519
    Montverde,FL34756     		    Grant- reintegration of veterans into society 5,000
    The Gregory School
    3231 N Craycroft Road
    Tucson,AZ85712     		    School advancement and Alumni engagement 75,000
    The Gregory School
    3231 N Craycroft Road
    Tucson,AZ85712     		    Grant - Financial aid for students 75,000
    The Gregory School
    3231 N Craycroft Road
    Tucson,AZ85712     		    Grant for the Physical Plant 50,000
    Woods Hole Research Center
    149 Woods Hole Road
    Falmouth,MA025401644     		    For General operating exp support research 600,000
    World Resources Institue
    10 G Street NE Suite 800
    Washington,DC20002     		    For Strategic Support for WRIs Climate Program 600,000
    Friends Club
    6601 Bradley Blvd
    Bethesda,MD20817     		    Grant for General Operating expenses 30,000
    Hapco Music Foundation
    P O Box 784581
    Winter Garden,FL34778     		    For Education in Music and the arts 5,000
    University of Arizona
    P O Box 210028
    Tucson,AZ85721     		    for the Al-Marah Arabian Mare Herd Agreement 150,000
    Nicklaus Childrens Hospital Fnd
    3100 SW 62nd Avenue
    Miami,FL33155     		    For the 2018 Agreement 250,000
    Community Foundation for Southern A
    5049 E Broadway Blvd Suite 201
    Tucson,AZ85711     		    Grant for the Hanna Miller &L Jakobsen Donor Advd 100,000
    Make A Wish Foundation
    2901 N 78th St
    Gilbert,AZ85298     		    Granting several wishes 75,000
    Tucson Childrens Museum
    200 S 6th Ave
    Tucson,AZ85701     		    General Oper for arts & STEM EC Education 50,000
    Literacy Connects
    200 E Yavapai Road
    Tucson,AZ85705     		    For Stories that Soar programs 25,000
    All Kids Can
    P O Box 201
    Sioux Center,IA51250     		    Support for SportsFine Arts & camps low income 10,000
    St Matthews Episcopal Church
    P O Box 1959
    Chandler,AZ85244     		    For Youth ministries new organclergy dev 125,000
    College Bound
    128 M Street NW Suite 220
    Washington,DC20001     		    for general operating support 40,000
    Matthew Shepard Foundation
    800 18th Street Suite 301
    Denver,CO80202     		    2020 Program offerings 10,000
    Arizona Burn Foundation
    1432 N 7th Street
    Phoenix,AZ85006     		    For Therapy through horses 50,000
    Fighting for Our Hopes
    2763 Scarborough Drive
    Kissimmee,FL34744     		    Funds for Homeless Veterans 10,000
    Summerlin Academy Equestrian
    1500 S Jackson Ave
    Bartow,FL33830     		    Funds for further education and equestrian 20,000
    Cancer Support Community Greater Ph
    200 Kirk Road
    Warminster,PA18974     		    Grant for General Support for cancer programs 25,000
    Marietta College
    215 Firth STreet
    Marietta,OH45750     		    Grant for unrestricted support College 10,000
    Maryland Crime Victims Resource Cn
    59 Prospect Square Ste 0006
    Cumberland,MD21502     		    Grant for cold case efforts and PT assistant 25,000
    St Michaels Episcopal Church
    602 N Wilmot Rd
    Tucson,AZ85711     		    Grant for multi-phase capital project 100,000
    UA Fndn for the Benefit of Cooper C
    1111 N Cherry Ave
    Tucson,AZ85719     		    grant for staffing & developing Arch designs 65,000
    Valley Interfaith Project Educ
    2728 E Thomas Rd Ste 108
    Phoenix,AZ85016     		    Mission to Develop & Organize leadership 20,000
    Defenders of Wildlife
    1130 17th Street NW
    Washington,DC20036     		    Grant for Protecting Endangered Wildlife 100,000
    Heavenly Hoofs Inc
    46561 Rummell Rd
    Saint Cloud,FL34771     		    Grant for services to veterans with PTSD 170,000
    The Gregory School
    3231 N Craycroft Rd
    Tucson,AZ85712     		    Grant for Electrical repair expenses 25,000
    Tanglewood Music Center
    301 Massachusetts Ave
    Boston,MA02115     		    Grant for the Music Center memory of Burton Rubin 50,000
    Oakland Presbyterian Church
    P O Box 38
    Oakland,FL34760     		    Relief fund for the congregation & Community 8,000
    MT Zion AME Church
    P O Box 484
    Oakland,FL34760     		    For support of sick and relief fund 4,000
    SEEDs for Autism
    3420 S 7th Street
    Phoenix,AZ85040     		    Materials to assist youth &adults hands on trng 25,000
    Child Crisis Arizona
    817 N Country Club Dr
    Mesa,AZ85201     		    Help Children from abuse and neglect 2,500
    Chandler Center for the Arts
    250 N Arizona Ave
    Chandler,AZ85225     		    Visual & Perf arts program for youth 50,000
    AmandaHope
    34 E Coronado Rd Ste 100
    Phoenix,AZ85004     		    Finl support Pediatric cancer patients & Family 2,500
    Canyon Bible Church of Prescott
    122 N Cortez St Ste 317
    Prescott,AZ86301     		    Grant for HomeNeeds & Benevolence Ministries 5,000
    Church of Ascension
    P O Box 1513
    Wheaton,IL60187     		    grant for Maranatha Orphanage 10,000
    Neighbors Who Care
    10450 E Riggs Rd Ste 113
    Chandler,AZ85248     		    Grant for updating office hardware & software 2,500
    Hapco Music Foundation
    P O Box 784581
    Winter Garden,FL34778     		    Grant for a relief fund 4,000
    Elusen Inc
    1637 Hawksbill St NW
    Palm Bay,FL32907     		    Grant for the continuation of your work 104,000
    The Walthour Moss Foundation
    P O Box 1794
    Southern Pines,NC28388     		    Grant money for unrestricted use 2,500
    THe Prancing Horse Center
    P O Box 327
    Southern Pines,NC28388     		    Grant for Therapeutic horsemanship for children 2,500
    Community Hope Center
    2198 Four Winds Blvd
    Kissimmee,FL34746     		    Grant to meet basic needs of the comm COVID19 impa 15,000
    Food Bank of Central Eastern NC
    1924 Capital Blvd
    Raleigh,NC27604     		    Grant to provide Food for people in need 2,500
    UNC-TV Foundation
    P O Box 12231
    Research Triangle Park,NC27709     		    Grant money is unrestricted 2,500
    United Way of North Carolina
    1130 Kildaire Farm Rd Ste 100
    Cary,NC27511     		    Grant for those displaced from their jobs COVID 2,500
    Weymouth Center for the Arts
    P O Box 939
    Rex,NC28378     		    Grant for house & grounds maintenance 2,500
    Cherry Hill Food Pantry
    910 Beechwood Ave
    Cherry Hill,NJ08002     		    Grant for providing groceries to families 10,000
    Southern Poverty Law Center
    400 Washington Ave
    Montgomery,AL36104     		    Grant used for Fighting Hate Teaching Tolerance 2,500
    Planned Parenthood South Atlantic
    100 S Boylan Ave
    Raleigh,NC27603     		    Grant for General operating support 2,500
    Michaels Foundation
    3411 Feathergrass CT
    Saint Cloud,FL34773     		    Grant for COVID 19 support for Veteran support 15,000
    Flandrau Science Center Planetari
    1040 E 4th St Ste 1025
    Tucson,AZ85721     		    Grant for support of K-12 Educ prog Exhb enhan 30,000
    Friends of Hutto Dog Park
    120 Stoneybrook Dr
    Hutto,TX78634     		    Grant of Phase II of Brushy Creek Park 70,000
    Oakland Presbyterian Church
    P O Box 38
    Oakland,FL34760     		    Support the sick & Relief fund 2,000
    Rollins College
    7900 Lake Dawn Dr
    Winter Park,FL32792     		    Grant for the M M Innovation Fund 5yrs 150,000
    Make a Wish Foundation
    2901 N 78th Street
    Scottsdale,AZ85251     		    Funds to cover budget for Wishes 25,000
    Willow Wish
    P O Box 51028
    Phoenix,AZ850761028     		    Funds for birthing family grants 5,000
    Hapco Music Foundation
    P O BOx 784581
    Winter Garden,FL34778     		    Grant for music and art programs 5,000
    Community Hope Center
    2198 Four Winds Blvd
    Kissimmee,FL34746     		    Grant to provide services to Families of Osceola C 25,000
    A Forever Home Rescue
    2950 CR 561
    Tavares,FL32778     		    Grant for treatments surgeries medical needs 1,500
    The Salvation Army Osceola Co
    416 W Colonial Dr
    Orlando,FL32804     		    Funds for Homeless people living in poverty 25,000
    Jaxon Foundation
    1065 E crescent Court
    Chandler,AZ85249     		    Grant for Mentoring students higher education 10,000
    Audubon Naturalist Society
    8940 Jones Mill Rd
    Chevy Chase,MD20815     		    grant for general operating funds 115,000
    Food Bank of Central Eastern NC
    195 Sandy Ave
    Southern Pines,NC28387     		    grant provide food and services for people in need 5,000
    Osceola Arts
    2411 E Irlo Bronson Hwy
    Kissimmee,FL34744     		    Grant Osceola Arts Visual Arts program 28,000
    UA Equine Studies
    P O Box 210036
    Tucson,AZ85718     		    Funds for the Equine Program Care Costs 5,856
    Community Foundation for Sounthern
    5049 E Broadway Blvd Ste 201
    Tucson,AZ85711     		    grant for at risk students scholarships 20,000
    Project Street Light Inc
    P O Box 1112
    Oakland,FL34760     		    Grant for community support 7,000
    Mt Zion AME Church Inc
    P O Box 484
    Oakland,FL34760     		    Grant for floor replacement costs 5,000
    Community Hope Center
    2198 Four Winds Blvd
    Kissimmee,FL34746     		    Provide services to families in need 25,000
    HAPCO Music Foundation
    P O Box 784581
    Winter Garden,FL34778     		    Grant money for COVID relief 7,000
    Community Foundation of South Lake
    2150 Oakley Seaver Dr
    Clermont,FL347111964     		    Grant needs arizing dur to the COVID pandemic 24,500
    Red Sleigh Toy Run
    2111 N Avenida Tabica
    Green Valley,AZ85614     		    for clothes food shoes toys assistance 7,500
    Road Dawg Animal Rescue Transp
    511 Ronald Reagan Parkway 139
    Loughman,FL33858     		    Grant for transporting animals to safe homes resc 7,000
    Total .................................bullet 3a 4,169,856
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    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
    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 ...........     		        472
    4 Dividends and interest from securities....         1,046,904
    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 ............     		        2,598,616
    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)..     3,645,992
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,645,992
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 6,500 6,500 0 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Fidelity Convington 2019-09 Purchase 2020-02   29,922 29,332   0 590 0
    SPDR Portfolio Emerging Mkt 2019-09 Purchase 2020-02   18,554 17,580   0 974 0
    VAnguard Mid Cap 2019-09 Purchased 2020-02   25,272 23,441   0 1,831 0
    American Funds Europacific Grw 2012-08 Purchased 2020-02   82,149 56,695   0 25,454 0
    Metropolitan West FDS 2014-10 Purchased 2020-12   1,087,206 1,066,650   0 20,556 0
    Vanguard High Yield 2019-12 Purchased 2020-12   680,572 675,988   0 4,584 0
    Dodge & Cox 2011-12 Purchased 2020-12   727,948 483,544   0 244,404 0
    Invesco TR ETF S&P 2020-07 purchased 2020-07   49,054 49,798   0 -744 0
    Columbia Funds TR Small Cal 2013-12 purchased 2020-12   61,999 61,050   0 949 0
    Invesco TR S&P 2018-12 purchased 2020-07   1,940,481 1,766,898   0 173,583 0
    MFS Mid Cap Growth 2019-02 purchased 2020-12   172,775 133,170   0 39,605 0
    Vanguard Small Cap 2012-10 purchased 2020-12   112,544 45,294   0 67,250 0
    Invesco QQQ TR 2019-09 purchase 2020-02   86,611 73,283   0 13,328 0
    Vanguard Dividend 2019-09 Purchase 2020-02   81,199 76,021   0 5,178 0
    Virtus Funds 2019-02 Purchased 2020-02   101,143 83,643   0 17,500 0
    Fidelity Total Market 2018-01 Purchased 2020-12   169,517 145,644   0 23,873 0
    American Funds new world 2019-09 Purchased 2020-12   182,117 143,323   0 38,794 0
    Vanguard Total Intl ETF 2019-09 Purchased 2020-12   669,672 669,458   0 214 0
    Dodge & Cox Income 2009-04 Purchased 2020-12   890,866 736,592   0 154,274 0
    VAnguard Fund Total Return 2020-07 purchased 2020-12   33,560 29,258   0 4,302 0
    Dodge & Cox FDS Intl 2014-12 purchased 2020-12   610,918 748,553   0 -137,635 0
    Lord Abbett High Yield 2014-01 purchased 2020-09   40,478 44,618   0 -4,140 0
    PIMCO Pac Invt Mgmt 2012-05 purchased 2020-06   278,575 283,455   0 -4,880 0
    Western Asset 2018-10 purchased 2020-05   1,744,958 1,686,529   0 58,429 0
    American Funds New World 2019-09 Purchase 2020-02   25,604 24,415   0 1,189 0
    Vanguard High Yield 2020-12 Purchase 2020-12   53,008 51,574   0 1,434 0
    Fidelity Investments Money Mkt 2020-02 Purchased 2020-02   438,887 438,887   0 0 0
    Fidelity Convington ETF 2019-09 Purchased 2020-12   981,755 1,107,296   0 -125,541 0
    T Rowe Price Mid Cap Grw 2019-12 Purchased 2020-12   847,566 570,503   0 277,063 0
    Vanguard Mid Cap 2019-09 Purchased 2020-12   1,076,623 892,627   0 183,996 0
    Vanguard Index 2020-07 purchased 2020-12   101,697 91,727   0 9,970 0
    Fidelity Invt TR New Mkt 2017-01 purchased 2020-06   54,000 58,153   0 -4,153 0
    MFS Series Trust 2017-07 purchased 2020-12   68,581 62,623   0 5,958 0
    Vanguard Equity Income 2017-07 purchased 2020-12   71,479 66,381   0 5,098 0
    Columbia Funds TR 2011-12 purchased 2020-12   33,671 23,583   0 10,088 0
    T Rowe Price Mid-Cap 2020-12 Purchase 2020-12   38,740 37,610   0 1,130 0
    Vanguard Total Intl 2019-09 Purchase 2020-02   17,212 17,568   0 -356 0
    Invesco QQQ 2019-09 Purchased 2020-12   422,180 267,804   0 154,376 0
    SPDR Portfolio ETF 2019-09 Purchased 2020-12   30,413 25,828   0 4,585 0
    Virtus Funds 2019-02 Purchased 2020-12   2,115,520 1,265,448   0 850,072 0
    Fidelity Contra Fund 2017-07 purchased 2020-09   382,904 294,151   0 88,753 0
    MFS International Div 2018-01 purchased 2020-12   218,699 217,772   0 927 0
    Vanguard Emerging MKT 2014-01 purchased 2020-12   176,465 160,855   0 15,610 0
    PIMCO PAC Invt 2011-12 purchased 2020-06   374,577 369,140   0 5,437 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Wells Fargo 4922 178,789 459,305
    Wells Fargo 3765 7,876,602 8,788,654

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Wells Fargo 4922   19,347,812 21,209,714
    Wells Fargo 3765   14,419,317 16,782,673

    TY 2020 LegalFeesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 73,200 73,200 0 0


    TY 2020 OtherAssetsSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Prepaid Federal Excise Tax 20,000 7,600 7,600


    TY 2020 OtherExpensesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Supplies 179 179 0 0


    TY 2020 OtherIncreasesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Description Amount
    Other 11,777


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advisory Fees 32,492 32,492 0 0
    PEI 34,717 34,717 0 0


    TY 2020 TaxesSchedule
    Name:
    Ruth McC Tankersley Charitable Fnd
    EIN:
    86-6224242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 7,873 7,873 0 0
    Excise Tax 12,400 0 0 0