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.
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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 PEARCE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216

A Employer identification number

34-6572300

B Telephone number (see instructions)

(330) 742-5499

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

$2,722,112J 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...	46,224		45,916
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		187,554
b	Gross sales price for all assets on line 6a 1,401,081
7	Capital gain net income (from Part IV, line 2)...			187,554
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........	233,778		233,470
13	Compensation of officers, directors, trustees, etc.	26,458		13,229		13,229
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).......		800	0	0	800
c	Other professional fees (attach schedule)....					0
17	Interest...............	59		59		0
18	Taxes (attach schedule) (see instructions)...		5,232	259		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).......		200			200
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	32,749		13,547	0	14,229
25	Contributions, gifts, grants paid.......	128,381				128,381
26	Total expenses and disbursements. Add lines 24 and 25	161,130		13,547	0	142,610
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	72,648
b	Net investment income (if negative, enter -0-)			219,923
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.............		165	165
	2	Savings and temporary cash investments.........	66,067	31,516	31,516
	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).......	1,208,547	1,591,508	2,217,360
	c	Investments—corporate bonds (attach schedule).......	733,319	465,412	473,071
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	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)	2,007,933	2,088,601	2,722,112
	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........	2,007,933	2,088,601
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	2,007,933	2,088,601
	30	Total liabilities and net assets/fund balances (see instructions).	2,007,933	2,088,601

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

2,007,933

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

72,648

Other increases not included in line 2 (itemize) bullet

8,034

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

2,088,615

Decreases not included in line 2 (itemize) bullet

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

2,088,601

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	400. ATT INC		2007-06-15	2020-05-15
b	12. ATT INC		2020-03-25	2020-05-15
c	7. ACTIVISION BLIZZARD INC		2020-03-25	2020-05-15
d	11. ACTIVISION BLIZZARD INC		2020-03-25	2020-11-17
e	14. ADVANCED MICRO DEVICES INC W/1		2020-05-15	2020-11-17
	3. ALPHABET INCORPORATION		2015-08-04	2020-03-25
	1. ALPHABET INCORPORATION		2015-08-04	2020-05-15
	1. ALPHABET INCORPORATION		2015-08-04	2020-11-17
	2. AMAZON.COM INC		2018-02-14	2020-08-12
	1. AMAZON.COM INC		2018-02-14	2020-11-17
	6. AMERICAN EXPRESS COMPANY		2018-11-20	2020-05-15
	4. AMERICAN EXPRESS COMPANY		2018-11-20	2020-08-12
	6. AMERICAN EXPRESS COMPANY		2018-11-20	2020-11-17
	30. ANALOG DEVICES		2017-11-15	2020-03-25
	7. ANALOG DEVICES		2017-11-15	2020-05-15
	6. ANALOG DEVICES		2017-11-15	2020-08-12
	8. ANALOG DEVICES		2017-11-15	2020-11-17
	6. APPLE COMPUTER		2012-10-26	2020-05-15
	12. APPLE COMPUTER		2012-10-26	2020-08-12
	50. APPLE COMPUTER		2012-10-26	2020-11-17
	6. AUTOMATIC DATA PROCESSING		2020-03-25	2020-05-15
	186. AUTOMATIC DATA PROCESSING		2020-03-25	2020-07-09
	55. BAXTER INTERNATIONAL INC		2009-11-24	2020-03-25
	9. BAXTER INTERNATIONAL INC		2009-11-24	2020-05-15
	8. BAXTER INTERNATIONAL INC		2009-11-24	2020-08-12
	10. BAXTER INTERNATIONAL INC		2009-11-24	2020-11-17
	3. BERKSHIRE HATHAWAY CL-B		2014-10-29	2020-05-15
	97. BERKSHIRE HATHAWAY CL-B		2014-10-29	2020-07-09
	4. BERKSHIRE HATHAWAY CL-B		2020-03-25	2020-07-09
	1. BOEING CO		2020-05-15	2020-08-12
	3. BOEING CO		2020-05-15	2020-11-17
	8. CAPITAL ONE FINANCIAL CORP W/1		2020-03-25	2020-05-15
	7. CAPITAL ONE FINANCIAL CORP W/1		2020-03-25	2020-08-12
	9. CAPITAL ONE FINANCIAL CORP W/1		2020-03-25	2020-11-17
	4. CHEVRONTEXACO CORP		2019-06-27	2020-05-15
	3. CHEVRONTEXACO CORP		2019-06-27	2020-08-12
	4. CHEVRONTEXACO CORP		2019-06-27	2020-11-17
	50. CHURCH & DWIGHT CO INC		2012-02-24	2020-03-25
	400. CISCO SYSTEMS, INC.			2020-03-25
	824. COMCAST CORP			2020-05-15
	150. CONOCOPHILLIPS		2018-05-22	2020-03-25
	170. CONSOLIDATED EDISON INC COM			2020-03-25
	100. CONSTELLATION BRANDS INC CL A			2020-01-29
	100. CORTEVA INC		2011-09-28	2020-03-25
	32. COSTCO WHOLESALE CORP		2018-02-14	2020-05-15
	10. COSTCO WHOLESALE CORP		2018-02-14	2020-08-12
	3. COSTCO WHOLESALE CORP		2018-02-14	2020-11-17
	4. CROWN CASTLE INTERNATIONAL CORP		2017-11-15	2020-05-15
	4. CROWN CASTLE INTERNATIONAL CORP		2017-11-15	2020-08-12
	5. CROWN CASTLE INTERNATIONAL CORP		2017-11-15	2020-11-17
	5. DISNEY (WALT) CO		2020-05-15	2020-11-17
	150. DOLLAR TREE INC		2018-09-06	2020-03-25
	100. DOW INC		2011-09-28	2020-03-25
	100. DUPONT DE NEMOURS INC		2011-09-28	2020-03-25
	93. ECOLAB INC			2020-05-15
	89. EDWARDS LIFESCIENCES CORP		2017-11-15	2020-03-25
	4. EDWARDS LIFESCIENCES CORP		2017-11-15	2020-05-15
	42. EDWARDS LIFESCIENCES CORP		2017-11-15	2020-08-12
	10. EDWARDS LIFESCIENCES CORP		2017-11-15	2020-11-17
	4. FACEBOOK INC CL-A		2017-11-15	2020-05-15
	3. FACEBOOK INC CL-A		2017-11-15	2020-08-12
	4. FACEBOOK INC CL-A		2017-11-15	2020-11-17
	50000. FEDERAL HOME LN BKS 4.125% 03/13/2020		2010-04-05	2020-03-13
	12. FISERV INC		2018-05-22	2020-05-15
	8. FISERV INC		2018-05-22	2020-08-12
	12. FISERV INC		2018-05-22	2020-11-17
	27. HOME DEPOT INC.			2020-03-25
	3. HOME DEPOT INC.		2015-10-02	2020-05-15
	2. HOME DEPOT INC.		2015-10-02	2020-08-12
	4. HOME DEPOT INC.		2015-10-02	2020-11-17
	50. HONEYWELL INTL INC COM		2015-10-02	2020-03-25
	4. ILLINOIS TOOL WORKS INC COM		2017-11-15	2020-05-15
	3. ILLINOIS TOOL WORKS INC COM		2017-11-15	2020-08-12
	5. ILLINOIS TOOL WORKS INC COM		2017-11-15	2020-11-17
	1. INTUITIVE SURGICAL INC		2020-05-15	2020-11-17
	1095. ISHARES COMEX GOLD TR		2020-08-12	2020-08-31
	1095. ISHARES COMEX GOLD TR		2020-08-12	2020-09-30
	1095. ISHARES COMEX GOLD TR		2020-08-12	2020-10-31
	1095. ISHARES COMEX GOLD TR		2020-08-12	2020-11-30
	1095. ISHARES COMEX GOLD TR		2020-08-12	2020-12-31
	846. ISHARES RUSSELL MID-CAP ETF		2018-12-27	2020-01-29
	1504. ISHARES RUSSELL MID-CAP ETF		2018-12-27	2020-03-25
	400. ISHARES S & P SMALLCAP 600			2020-01-29
	69. ISHARES S & P SMALLCAP 600		2018-05-22	2020-03-25
	15. ISHARES S & P SMALLCAP 600		2018-05-22	2020-05-15
	416. ISHARES S & P SMALLCAP 600			2020-11-17
	26. ISHARES S & P SMALLCAP 600		2020-08-12	2020-11-17
	781. ISHARES SILVER TRUST (HOLDS SILVER BARS)		2020-08-12	2020-08-31
	781. ISHARES SILVER TRUST (HOLDS SILVER BARS)		2020-08-12	2020-09-30
	781. ISHARES SILVER TRUST (HOLDS SILVER BARS)		2020-08-12	2020-10-31
	781. ISHARES SILVER TRUST (HOLDS SILVER BARS)		2020-08-12	2020-11-30
	781. ISHARES SILVER TRUST (HOLDS SILVER BARS)		2020-08-12	2020-12-31
	10. J P MORGAN CHASE & CO		2009-05-06	2020-05-15
	7. J P MORGAN CHASE & CO		2009-05-06	2020-08-12
	11. J P MORGAN CHASE & CO		2009-05-06	2020-11-17
	50000. JP MORGAN CHASE & CO 2.4% 06/07/2021-202		2016-10-03	2020-12-07
	6. JOHNSON & JOHNSON CO		2018-11-20	2020-05-15
	4. JOHNSON & JOHNSON CO		2018-11-20	2020-08-12
	6. JOHNSON & JOHNSON CO		2018-11-20	2020-11-17
	11. LAM RESEARCH CORP		2020-07-09	2020-08-12
	2. LAM RESEARCH CORP		2020-07-09	2020-11-17
	3. ELI LILLY & CO		2020-03-25	2020-05-15
	2. LOCKHEED MARTIN (COMMON STOCK)		2018-02-14	2020-05-15
	2. LOCKHEED MARTIN (COMMON STOCK)		2018-02-14	2020-08-12
	2. LOCKHEED MARTIN (COMMON STOCK)		2018-02-14	2020-11-17
	7832.9 LORD ABBETT SHORT DURATION INCOME FUND		2017-12-08	2020-03-25
	3. LULULEMON ATHLETICA INC		2020-05-15	2020-11-17
	4. M & T BANK CORP		2018-05-22	2020-05-15
	3. M & T BANK CORP		2018-05-22	2020-08-12
	4. M & T BANK CORP		2018-05-22	2020-11-17
	137.78 MFS GLOBAL REAL ESTATE FUND		2018-12-27	2020-05-15
	1597.53 MFS GLOBAL REAL ESTATE FUND		2019-08-26	2020-08-12
	1915.6 MFS GLOBAL REAL ESTATE FUND		2018-12-27	2020-08-12
	35.84 MFS GLOBAL REAL ESTATE FUND		2019-08-26	2020-11-18
	175. MCCORMICK & CO INC COM NON VTG		2017-11-15	2020-03-25
	100. MCDONALDS CORP		2018-09-06	2020-01-29
	11. MICROSOFT CORP		2005-05-06	2020-05-15
	26. MICROSOFT CORP		2005-05-06	2020-08-12
	22. MICROSOFT CORP			2020-11-17
	414.24 AMERICAN FUNDS - NEW WORLD FUND		2019-08-26	2020-01-29
	38.35 AMERICAN FUNDS - NEW WORLD FUND		2019-08-26	2020-05-15
	56. NEXTERA ENERGY, INC		2015-10-02	2020-03-25
	41. NEXTERA ENERGY, INC			2020-05-15
	11. NEXTERA ENERGY, INC		2018-12-27	2020-08-12
	9. NEXTERA ENERGY, INC		2018-12-27	2020-11-17
	2. NORTHROP GRUMMAN CORP W/1 RT/SH		2018-02-14	2020-05-15
	1. NORTHROP GRUMMAN CORP W/1 RT/SH		2018-02-14	2020-08-12
	2. NORTHROP GRUMMAN CORP W/1 RT/SH		2018-02-14	2020-11-17
	3. NVIDIA CORP		2020-01-29	2020-05-15
	2. NVIDIA CORP		2020-01-29	2020-08-12
	4. NVIDIA CORP		2020-01-29	2020-11-17
	772.83 NUVEEN EQUITY MARKET NEUTRAL FUND		2018-12-27	2020-01-29
	1770.08 NUVEEN EQUITY MARKET NEUTRAL FUND		2018-12-27	2020-03-25
	9. O'REILLY AUTOMOTIVE INC		2017-11-15	2020-03-25
	2. O'REILLY AUTOMOTIVE INC		2017-11-15	2020-05-15
	2. O'REILLY AUTOMOTIVE INC		2017-11-15	2020-08-12
	2. O'REILLY AUTOMOTIVE INC		2017-11-15	2020-11-17
	400. ORACLE CORP			2020-03-25
	250. PNC FINANCIAL CORP		2011-02-16	2020-03-25
	3. PARKER HANNIFIN CORP		2012-07-23	2020-05-15
	1. PARKER HANNIFIN CORP		2012-07-23	2020-08-12
	5. PARKER HANNIFIN CORP		2012-07-23	2020-11-17
	100. PAYPAL HOLDINGS INCORPORATION		2012-02-03	2020-03-25
	25. PEPSICO INC		2012-02-24	2020-03-25
	5. PEPSICO INC		2020-05-15	2020-08-12
	4. PEPSICO INC		2020-05-15	2020-11-17
	2321.5 PIMCO INCOME FUND		2017-12-08	2020-05-21
	6. PROCTER & GAMBLE CO		2020-03-25	2020-05-15
	5. PROCTER & GAMBLE CO		2020-03-25	2020-08-12
	6. PROCTER & GAMBLE CO		2020-03-25	2020-11-17
	12. PROLOGIS INC (REIT)		2018-11-20	2020-05-15
	9. PROLOGIS INC (REIT)		2018-11-20	2020-08-12
	13. PROLOGIS INC (REIT)		2018-11-20	2020-11-17
	50000. PROLOGIS LP CALLABLE 4.25% 08/15/2023		2020-05-20	2020-09-08
	3. ROCKWELL INTL CORP NEW		2018-02-14	2020-05-15
	3. ROCKWELL INTL CORP NEW		2018-02-14	2020-08-12
	4. ROCKWELL INTL CORP NEW		2018-02-14	2020-11-17
	9. ROSS STORES INC		2017-11-15	2020-05-15
	191. ROSS STORES INC		2017-11-15	2020-07-09
	64. ROSS STORES INC		2020-03-25	2020-07-09
	10. SYSCO CORP		2020-05-15	2020-11-17
	100. TEXAS INSTRUMENTS INC.		2014-03-18	2020-01-29
	124. TEXAS INSTRUMENTS INC.		2014-03-18	2020-03-25
	6. TEXAS INSTRUMENTS INC.		2014-03-18	2020-05-15
	5. TEXAS INSTRUMENTS INC.		2014-03-18	2020-08-12
	6. TEXAS INSTRUMENTS INC.		2014-03-18	2020-11-17
	100. THERMO ELECTRON CORP W/1 RT/SH		2017-11-15	2020-05-15
	21. THERMO ELECTRON CORP W/1 RT/SH		2020-03-25	2020-05-15
	100000. US T-NOTES 2% 01/31/2020		2018-02-14	2020-01-31
	50. UNITED TECHNOLOGIES CORP		2005-08-01	2020-03-25
	3. UNITEDHEALTH GROUP INC		2018-09-06	2020-05-15
	2. UNITEDHEALTH GROUP INC		2018-09-06	2020-08-12
	3. UNITEDHEALTH GROUP INC		2018-09-06	2020-11-17
	175. VALERO ENERGY			2020-03-25
	9. VALERO ENERGY		2013-09-30	2020-05-15
	8. VALERO ENERGY		2013-09-30	2020-08-12
	10. VALERO ENERGY		2013-09-30	2020-11-17
	120. VANGUARD FTSE DEVELOPED MARKETS ETF		2018-11-20	2020-05-15
	1275. VANGUARD FTSE DEVELOPED MARKETS ETF			2020-08-12
	2158. VANGUARD FTSE DEVELOPED MARKETS ETF		2018-11-20	2020-08-12
	7. VISA INC		2018-05-22	2020-05-15
	5. VISA INC		2018-05-22	2020-08-12
	7. VISA INC		2018-05-22	2020-11-17
	6. WEC ENERGY GROUP INC		2019-06-27	2020-05-15
	3. WEC ENERGY GROUP INC		2019-06-27	2020-08-12
	6. WEC ENERGY GROUP INC		2019-06-27	2020-11-17
	8. WAL-MART STORES, INC.		2018-11-20	2020-03-25
	80. WAL-MART STORES, INC.		2018-11-20	2020-05-15
	20. WAL-MART STORES, INC.			2020-08-12
	7. WAL-MART STORES, INC.		2018-12-27	2020-11-17
	4. ACCENTURE LTD CLASS A		2020-03-25	2020-05-15
	3. ACCENTURE LTD CLASS A		2020-03-25	2020-08-12
	4. ACCENTURE LTD CLASS A		2020-03-25	2020-11-17
	79. CHUBB LIMITED		2010-12-22	2020-03-25
	4. CHUBB LIMITED		2010-12-22	2020-05-15
	3. CHUBB LIMITED		2010-12-22	2020-08-12
	5. CHUBB LIMITED		2010-12-22	2020-11-17
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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
	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	11,284	16,228	-4,944
b	339	346	-7
c	514	386	128
d	854	606	248
e	1,172	756	416
	3,302	2,002	1,300
	1,367	667	700
	1,772	667	1,105
	6,307	2,876	3,431
	3,154	1,438	1,716
	495	639	-144
	404	426	-22
	700	639	61
	2,806	2,684	122
	713	626	87
	714	537	177
	1,088	716	372
	1,838	522	1,316
	5,401	1,044	4,357
	6,024	1,087	4,937
	802	740	62
	26,963	22,943	4,020
	4,082	1,627	2,455
	783	266	517
	663	237	426
	804	296	508
	511	419	92
	17,420	13,548	3,872
	718	733	-15
	174	122	52
	626	365	261
	468	418	50
	471	366	105
	795	471	324
	363	494	-131
	270	370	-100
	347	494	-147
	3,125	1,193	1,932
	15,264	8,782	6,482
	29,243	32,538	-3,295
	4,636	10,713	-6,077
	12,012	13,695	-1,683
	19,092	22,137	-3,045
	2,407	1,311	1,096
	9,503	5,940	3,563
	3,367	1,856	1,511
	1,157	557	600
	599	448	151
	661	447	214
	831	556	275
	722	544	178
	12,061	12,346	-285
	2,993	2,369	624
	3,389	3,615	-226
	17,942	15,514	2,428
	17,141	9,347	7,794
	850	420	430
	3,275	1,470	1,805
	848	350	498
	837	713	124
	782	535	247
	1,100	713	387
	50,000	48,896	1,104
	1,202	864	338
	786	576	210
	1,320	864	456
	5,000	1,578	3,422
	720	351	369
	561	234	327
	1,087	468	619
	6,410	4,564	1,846
	622	622
	596	467	129
	1,051	778	273
	751	515	236
	4		4
	4		4
	4		4
	4		4
	4		4
	50,827	38,400	12,427
	63,244	68,266	-5,022
	33,095	31,380	1,715
	3,741	5,732	-1,991
	883	1,246	-363
	35,016	35,496	-480
	2,188	1,968	220
	8		8
	8		8
	7		7
	7		7
	8		8
	860	363	497
	714	254	460
	1,269	399	870
	50,672	50,660	12
	892	884	8
	598	589	9
	899	884	15
	4,176	3,701	475
	864	673	191
	474	369	105
	721	707	14
	784	707	77
	756	707	49
	30,000	33,290	-3,290
	1,010	735	275
	359	742	-383
	328	556	-228
	496	742	-246
	1,878	2,013	-135
	26,216	28,260	-2,044
	31,435	27,987	3,448
	621	634	-13
	21,458	17,022	4,436
	21,424	16,421	5,003
	1,988	279	1,709
	5,426	659	4,767
	4,750	564	4,186
	29,187	26,896	2,291
	2,293	2,490	-197
	11,501	5,490	6,011
	9,210	5,975	3,235
	3,116	1,875	1,241
	697	384	313
	647	693	-46
	339	347	-8
	627	693	-66
	989	737	252
	908	492	416
	2,146	983	1,163
	17,296	19,823	-2,527
	38,836	45,403	-6,567
	2,542	1,939	603
	810	431	379
	926	431	495
	913	431	482
	19,136	7,639	11,497
	22,835	16,212	6,623
	469	225	244
	208	75	133
	1,322	375	947
	9,751	1,977	7,774
	2,821	1,583	1,238
	690	683	7
	580	546	34
	26,117	28,879	-2,762
	685	606	79
	678	505	173
	860	606	254
	992	806	186
	925	604	321
	1,351	873	478
	55,567	54,977	590
	605	557	48
	706	557	149
	967	742	225
	770	584	186
	16,136	12,390	3,746
	5,407	5,234	173
	739	474	265
	12,661	4,554	8,107
	12,516	5,647	6,869
	648	273	375
	691	228	463
	936	273	663
	34,089	18,839	15,250
	7,159	5,904	1,255
	100,000	99,699	301
	4,645	2,506	2,139
	892	809	83
	643	539	104
	1,055	809	246
	6,973	4,258	2,715
	540	307	233
	432	273	159
	533	342	191
	4,171	4,668	-497
	53,671	43,579	10,092
	90,840	83,944	6,896
	1,274	917	357
	992	655	337
	1,481	917	564
	495	499	-4
	278	249	29
	608	499	109
	878	754	124
	9,978	7,543	2,435
	2,629	1,847	782
	1,063	626	437
	730	624	106
	692	468	224
	978	624	354
	8,153	4,910	3,243
	393	249	144
	392	186	206
	750	311	439
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351
			2,351

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			-4,944
b			-7
c			128
d			248
e			416
			1,300
			700
			1,105
			3,431
			1,716
			-144
			-22
			61
			122
			87
			177
			372
			1,316
			4,357
			4,937
			62
			4,020
			2,455
			517
			426
			508
			92
			3,872
			-15
			52
			261
			50
			105
			324
			-131
			-100
			-147
			1,932
			6,482
			-3,295
			-6,077
			-1,683
			-3,045
			1,096
			3,563
			1,511
			600
			151
			214
			275
			178
			-285
			624
			-226
			2,428
			7,794
			430
			1,805
			498
			124
			247
			387
			1,104
			338
			210
			456
			3,422
			369
			327
			619
			1,846

			129
			273
			236
			4
			4
			4
			4
			4
			12,427
			-5,022
			1,715
			-1,991
			-363
			-480
			220
			8
			8
			7
			7
			8
			497
			460
			870
			12
			8
			9
			15
			475
			191
			105
			14
			77
			49
			-3,290
			275
			-383
			-228
			-246
			-135
			-2,044
			3,448
			-13
			4,436
			5,003
			1,709
			4,767
			4,186
			2,291
			-197
			6,011
			3,235
			1,241
			313
			-46
			-8
			-66
			252
			416
			1,163
			-2,527
			-6,567
			603
			379
			495
			482
			11,497
			6,623
			244
			133
			947
			7,774
			1,238
			7
			34
			-2,762
			79
			173
			254
			186
			321
			478
			590
			48
			149
			225
			186
			3,746
			173
			265
			8,107
			6,869
			375
			463
			663
			15,250
			1,255
			301
			2,139
			83
			104
			246
			2,715
			233
			159
			191
			-497
			10,092
			6,896
			357
			337
			564
			-4
			29
			109
			124
			2,435
			782
			437
			106
			224
			354
			3,243
			144
			206
			439

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	187,554
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	3,057
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	3,057
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	3,057
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	4,016
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	4,016
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	959
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax959	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 . Click to see attachment

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

The books are in care of bullet

HUNTINGTON NATIONAL BANK Telephone no. bullet

(330) 742-5499

Located at bullet

PO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4 bullet

43216

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-)
Huntington National Bank	TRUSTEE 40	26,458
30050 CHAGRIN BLVD PEPPER PIKE,OH44124	TRUSTEE 40	26,458
ROBERT S MCCULLOCH III	DIRECTOR 1	0
165 E STATE STREET SALEM,OH44460	DIRECTOR 1	0

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

2,394,931

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

63,369

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

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

2,458,300

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

2,458,300

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

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

36,875

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

2,421,425

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

121,071

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

121,071

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

3,057

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

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

3,057

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

118,014

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

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

118,014

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

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

118,014

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 ..........

142,610

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

142,610

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

142,610

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					118,014
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
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......	17,047
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		17,047
4Qualifying distributions for 2020 from Part
XII, line 4: $ 142,610
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					118,014
e Remaining amount distributed out of corpus		24,596
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		41,643
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 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 ......		41,643
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	17,047
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	24,596

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 e-mail address of the person to whom applications should be addressed:

CRYSTAL HUDSPETH
PO BOX EA5W86
COLUMBUS,OH43216
(330) 742-5499

bThe form in which applications should be submitted and information and materials they should include:

WRITTEN APPLICATION STATING PURPOSE OF REQUEST

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

RESTRICTED TO ORGANIZATIONS IN THE CITY OF SALEM OR THE STATE OF OHIO.

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
UNITED WAY SERVICES OF COLUMBIANA COUNTY 210 E STATE ST SALEM,OH44460	NONE	PC	GENERAL SUPPORT	10,000
THE BRIGHTSIDE PROJECT 13 S BROADWAY AVE SALEM,OH44460	NONE	PC	GENERAL SUPPORT	5,000
SALVATION ARMY 1249 N ELLSWORTH AVE SALEM,OH44460	NONE	PC	GENERAL SUPPORT	25,000
ALLEGHENY WESLEYAN COLLEGE 2161 WOODSDALE RD SALEM,OH44460	NONE	PC	GENERAL SUPPORT	16,000
MIAMI UNIVERSITY 501 E HIGH ST OXFORD,OH45056	NONE	I	SCHOLARSHIPS	10,250
WALSH UNIVERSITY 2020 E MAPLE ST NORTH CANTON,OH44720	NONE	I	SCHOLARSHIP	5,000
ROBERT MORRIS UNIVERSITY 6001 UNIVERSITY BLVD MOON TWP,PA15108	NONE	I	SCHOLARSHIPS	4,485
THE OHIO STATE UNIVERSITY 1328 DOVER ROAD WOOSTER,OH44691	NONE	I	SCHOLARSHIP	2,505
UNIVERSITY OF MOUNT UNION 1972 CLARK AVENUE ALLIANCE,OH44601	NONE	I	TUITION	5,135
SALEM HISTORICAL SOCIETY 208 S BROADWAY AVE SALEM,OH44460	NONE	PC	TROLLEY FUND	4,150
SALEM COMMUNITY FOUNDATION PO BOX 553 SALEM,OH44460	NONE	PC	VARIOUS PROGRAMS	40,856
Total ................................. 3a				128,381

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	46,224
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	187,554
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)..				233,778

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

233,778

(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
AFLAC INC 2.65% 02/15/2017
BLACKROCK INFLATION PROTECTED
EATON VANCE FLOATING-RATE FUND
FFCB 3.15% 01/12/2018
FEDERATED TOTAL RETURN BOND
FHLB 4.125% 03/13/2020
FNMA 0.875% 10/26/2017
GENERAL ELEC CAP CORP 1.625% 0
LORD ABBETT SHORT DURATION
ORACLE CORPORATION 2.8% 07/08/
PIMCO LOW DURATION FUND- INSTI
PIMCO TOTAL RETURN FUND-INSTIT
PNC BANK NA SERIES BKNT 2.2% 0
FRANKLIN TEMPLETON GLOBAL BOND
UNITEDHEALTH GROUP INC 2.3% 12
JP MORGAN CHASE & CO 2.4%
QUALCOMM INC 3% 05/20/2022
FEDERATED INSTITUTIONAL HIGH
GOLDMAN SACHS INFLATION
LORD ABBETT SHORT DURATION
PIMCO INCOME FUND
US TREASURY N/B 2% 01/31/2020
AVALONBAY COMMUNITIES INC SERI
JOHN DEERE CAPITAL CORP SERIES
GUGGENHEIM LIMITED DURATION CL
METROPOLITAN WEST UNC BD-I
05348EAR0 AVALONBAY COMMUNITIE	49,994	52,250
68389XBA2 ORACLE CORP	51,116	50,659
45866FAG9 INTERCONTINENTAL EXC	52,805	53,858
010392FK9 ALABAMA PWR CO 3.55%	53,236	54,415
05531FBB8 BB&T CORPORATION SER	52,074	53,875
747525AE3 QUALCOMM INC DATED 0	104,894	103,597
24422ERM3 JOHN DEERE CAPITAL C	50,163	51,485
693506BQ9 PPG INDUSTRIES INC 2	51,130	52,932

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AT&T INC
ALPHABET INC - CL A
APPLE INC
BAXALTA INC
BAXTER INTERNATIONAL INC W/1 R
BERKSHIRE HATHAWAY INC CL B
BRISTOL-MYERS SQUIBB CO
BROADCOM CORP CL A
CVS HEALTH CORPORATION
CARDINAL HEALTH INC
CHURCH & DWIGHT CO INC W/1 RT/
CISCO SYSTEMS
COMCAST CORP CL A
CONOCOPHILLIPS
DEERE & CO W/1 RT/SH
DOW CHEMICAL
EMC CORP/MASS
EBAY INC
EMERSON ELECTRIC CO
EXXON MOBIL CORP
FEDERATED INTERNATIONAL LEADER
FIRST EAGLE OVERSEAS FUND-CLAS
GENERAL ELECTRIC CO
GILEAD SCIENCEES INC
HARBOR INTERNATIONAL FUND
HOME DEPOT INC
HONEYWELL INTERNATIONAL INC
JP MORGAN CHASE&CO
KLA-TENCOR CORP
KOHLS CORP
THE KROGER CO
MICROSOFT CORP
NEXTERA ENERGY INC
NUCOR CORP W/1 RT/SH
ORACLE CORPORATION
OPPENHEIMER DEVELOPING MARKETS
PNC FINANCIAL SERVICES
PARKER HANNIFIN CORP
PAYPAL HOLDINGS INC
PEPSICO INC
PIMCO COMMODITY REAL RETURN ST
PRUDENTIAL FINANCIAL INC
QUALCOMM INC
SCHLUMBERGER LTD
SEMPRA ENERGY
SMUCKER (J/M.) CO THE-NEW COM
STARBUCKS CORP
STATE STREET CORP
SUNCOR ENERGY INC
TEXAS INSTRUMENTS INC
3M COMPANY
UNION PACIFIC CORP
UNITED TECHNOLOGIES CORP
V F CORP
VALERO ENERGY CORP
VANGUARD MID CAP INDEX FUND-AD
VANGUARD SMALL CAP INDEX-ADMIR
VERIZON COMMUNICATIONS
VIACOM INC CLASS B
VODAFONE GROUP PLC-SP ADR
WELLS FARGO&CO
MEDTRONIC PLC
ACE LIMITED
ADVANSIX INC
CHUBB LIMITED
DELL TECHNOLOGIES INC CL V
FIDELITY REAL ESTATE INCOME FU
FORD MOTOR CO
GATEWAY FUND - CLASS Y
LOCKHEED MARTIN CORPORATION
SHIRE PLC ADR
ANALOG DEVICES INC
CROWN CASTLE INTL CORP
DUPONT INC
EASTMAN CHEMICAL CO
EDWARDS LIFESCIENCES CORP
FACEBOOK INC-A
ILLINOIS TOOL WORKS
ISHARES CORE S&P MID-CAP ETF
ISHARES CORE S&P SMALL-CAP ETF
THE KRAFT HEINZ CO
MCCORMICK & CO INC COM NON VTG
O'REILLY AUTOMOTIVE INC
PFIZER INC
ROSS STORES INC
STRYKER CORP
THERMO FISHER SCIENTIFIC INC 1
VANGUARD FTSE EMERGING MARKETS
AMAZON.COM INC
AMERICAN EXPRESS
ANTHEM INC
CONSOLIDATED EDISON LNC
CONSTELLATION BRANDS INC CL A
COSTCO WHOLESALE CORP
DOLLAR TREE INC
EOG RESOURCES INC
EDWARDS LIFESCIENCES CORP
FISERV INC
ISHARES RUSSELL MID-CAP ETF
ISHARES CORE S&P SMALL-CAP ETF
JOHNSON & JOHNSON
M &T BANK CORP
MFS GLOBAL REAL ESTATE FUND-R6
MCDONALDS CORP
MICROSOFT CORP
NORTHROP GRUMMAN CORP W/1 RT/S
NUVEEN EQUITY MARKET NEUTRAL F
PROLOGIS LNC
ROCKWELL AUTOMATION INC
ROSS STORES INC
UNITEDHEALTH GROUP INC
VANGUARD DEVELOPED MARKETS IND
VISA INC CLASS A SHARES
WAL-MART STORES INC
CHEVRON CORPORATION
CORTEVA INC
ECOLAB INC W/1 RT PER SHARE
AMERICAN FUNDS - NEW WORLD FUN
WEC ENERGY GROUP INC
55261F104 MT BANK CORP	16,041	13,367
92939U106 WEC ENERGY GROUP INC	11,542	12,792
023135106 AMAZON COM INC	29,399	58,625
166764100 CHEVRON CORP	9,042	8,361
254687106 WALT DISNEY CO/THE	13,637	22,466
512807108 LAM RESEARCH CORP	21,871	30,698
666807102 NORTHROP GRUMMAN COR	16,281	15,236
67103H107 O'REILLY AUTOMOTIVE	14,002	29,417
74340W103 PROLOGIS INC	24,671	32,190
464285105 ISHARES COMEX GOLD T	20,291	19,852
02079K305 ALPHABET INCORPORATI	13,119	35,053
025816109 AMERICAN EXPRESS CO	15,332	18,016
46120E602 INTUITIVE SURGICAL I	20,950	32,724
478160104 JOHNSON JOHNSON	21,705	23,450
532457108 ELI LILLY CO	9,896	13,507
539830109 LOCKHEED MARTIN CORP	13,741	14,199
713448108 PEPSICO INC	11,473	12,457
40168W483 GUGGENHEIM LIMITED D	63,485	64,422
31421N683 FEDERATED KAUFMANN S	72,140	81,848
89155T649 TOUCHSTONE MID CAP F	83,352	111,926
28176E108 EDWARDS LIFESCIENCES	9,417	24,541
337738108 FISERV INC	25,259	33,930
594918104 MICROSOFT CORP	23,708	61,388
701094104 PARKER-HANNIFIN CORP	12,494	33,779
882508104 TEXAS INSTRUMENTS IN	8,319	26,097
H1467J104 CHUBB LIMITED	6,774	16,777
649280815 AMERICAN FUNDS - NEW	90,378	120,506
92826C839 VISA INC	27,981	40,246
592905749 METROPOLITAN WEST UN	45,000	45,302
G1151C101 ACCENTURE LTD CLASS	15,439	25,860
097023105 BOEING CO/THE	11,251	17,981
30303M102 FACEBOOK INC CL-A	16,507	27,043
773903109 ROCKWELL AUTOMATION	17,310	23,576
31420B847 FEDERATED INSTITUTIO	35,000	36,635
31428Q739 FEDERATED TOTAL RETU	29,018	30,775
38144N841 GOLDMAN SACHS INFLAT	25,000	28,364
957663503 WESTERN ASSET CORE P	51,518	51,931
552982720 MFS GLOBAL REAL ESTA	37,547	44,994
871829107 SYSCO CORP	11,906	18,416
65339F101 NEXTERA ENERGY INC	10,184	18,439
67066G104 NVIDIA CORP	26,189	49,087
824348106 SHERWIN WILLIAMS CO	18,231	19,843
46428Q109 ISHARES SILVER TRUST	18,824	19,189
037833100 APPLE INC	25,923	85,718
742718109 PROCTER GAMBLE CO/T	16,560	22,819
91913Y100 VALERO ENERGY CORP	8,471	14,029
931142103 WAL MART STORES INC	18,244	24,361
543916688 LORD ABBETT SHORT DU	66,710	66,082
071813109 BAXTER INTERNATIONAL	7,135	19,900
032654105 ANALOG DEVICES INC	17,806	29,398
09247X101 BLACKROCK INC	12,808	18,039
22822V101 CROWN CASTLE INTERNA	14,632	19,740
437076102 HOME DEPOT INC/THE	10,334	22,312
452308109 ILLINOIS TOOL WORKS	16,689	22,223
654106103 NIKE INC	13,917	22,494
91324P102 UNITEDHEALTH GROUP I	19,904	26,301
550021109 LULULEMON ATHLETICA	20,027	26,102
61756E461 MORGAN STANLEY INSTI	169,072	199,004
14040H105 CAPITAL ONE FINANCIA	11,399	21,549
007903107 ADVANCED MICRO DEVIC	19,458	31,915
00507V109 ACTIVISION BLIZZARD	16,475	24,420
22160K105 COSTCO WHOLESALE COR	11,351	22,230
46625H100 JPMORGAN CHASE CO	19,369	33,419

Category	Amount	Net Investment Income
FOREIGN TAXES	243	243
FEDERAL TAX PAYMENT - PRIOR YE	957	0
FEDERAL ESTIMATES - PRINCIPAL	4,016	0
FOREIGN TAXES ON NONQUALIFIED	16	16

Description	Amount
ROC ADJ ON CY SALES	11
ROUNDING	3