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
THE LUCY C AYERS MEMORIAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)23 BROAD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTERLY, RI02891
A Employer identification number

46-4326190
B Telephone number (see instructions)

(401) 348-1234
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$906,147J 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      
4 Dividends and interest from securities... 15,229 15,208  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -602
b Gross sales price for all assets on line 6a 238,721
7 Capital gain net income (from Part IV, line 2)... 0
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........ 14,627 15,208  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,110 6,740   3,370
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,100 1,100 0 1,100
c Other professional fees (attach schedule).... Click to see attachment 50 50   50
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 918 154   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,178 8,044 0 4,520
25 Contributions, gifts, grants paid....... 42,602 42,602
26 Total expenses and disbursements. Add lines 24 and 25 54,780 8,044 0 47,122
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -40,153
b Net investment income (if negative, enter -0-) 7,164
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......... 70,294 17,684 17,684
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 416,040 Click to see attachment427,967 636,829
c Investments—corporate bonds (attach schedule)....... 243,892 Click to see attachment244,744 251,634
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 730,226 690,395 906,147
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 730,226 690,395
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)..... 730,226 690,395
30 Total liabilities and net assets/fund balances (see instructions). 730,226 690,395
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
730,226
2
Enter amount from Part I, line 27a .....................
2
-40,153
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
322
4
Add lines 1, 2, and 3 ..........................
4
690,395
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
690,395
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 10.6666 DUPONT DE NEMOURS INC   2019-05-13 2020-01-28
b 46.3334 DUPONT DE NEMOURS INC   2017-11-16 2020-01-28
c 25000. FEDERAL FARM CREDIT BANK 2.53% 21 AUG 2026   2019-08-19 2020-01-28
d 70. GENERAL MOTORS CO   2017-11-16 2020-02-24
e 25000. JOHN DEERE CAPITAL CORP 2.05% 10 MAR 2020   2015-05-05 2020-03-10
79. AMERICAN INTERNATIONAL GROUP     2020-03-18
16. BOEING CO     2020-03-18
1. BOOKING HOLDINGS INC   2017-11-16 2020-03-18
45. CHEVRONTEXACO CORP COM   2017-11-16 2020-03-18
70. EXXON MOBIL CORP COM     2020-03-18
16. SVB FINANCIAL GROUP   2018-04-13 2020-03-18
15. ACTIVISION BLIZZARD INC   2019-05-13 2020-04-15
23. AKAMAI TECHNOLOGIES INC   2018-11-08 2020-04-15
7. ALIBABA GROUP HOLDING-SP ADR     2020-04-15
2. ALPHABET INC-CL A   2016-01-13 2020-04-15
2. AMAZON.COM INC     2020-04-15
9. AMERICAN TOWER CORP   2017-11-16 2020-04-15
10. APPLE COMPUTER   2013-08-02 2020-04-15
10. BECTON DICKINSON & CO     2020-04-15
3. BLACKROCK INC   2017-11-16 2020-04-15
15. CERNER CORP   2011-04-12 2020-04-15
12. DISNEY WALT   2017-11-16 2020-04-15
5. EQUINIX INC   2017-11-16 2020-04-15
6. HOME DEPOT INC   2017-11-16 2020-04-15
430. ISHARES CORE MSCI EAFE ETF   2019-05-13 2020-04-15
23. LAUDER ESTEE COS INC CL A     2020-04-15
13. MICROSOFT CORP   2017-11-16 2020-04-15
8. NEXTERA ENERGY INC   2017-11-16 2020-04-15
5. NVIDIA CORP   2018-11-08 2020-04-15
9. PAYPAL HOLDINGS INC   2017-02-10 2020-04-15
141. CONSUMER STAPLES SPDR   2019-05-13 2020-04-15
9. THERMO ELECTRON CORP   2012-07-09 2020-04-15
19. VERISK ANALYTICS INC   2019-05-13 2020-04-15
15. VISA INC-CLASS A SHARES     2020-04-15
6. WATSCO INC   2017-02-10 2020-04-15
18. ZIMMER HLDGS INC COM   2017-02-10 2020-04-15
12. ACCENTURE PLC-CL A   2017-11-16 2020-04-15
232. ISHARES RUSSELL MID-CAP ETF     2020-04-21
50. ISHARES RUSSELL 2000 ETF   2017-11-16 2020-04-21
1285. PIMCO INCOME FUND-INS   2015-03-23 2020-04-21
.6872 RAYTHEON TECHNOLOGIES CORP   2019-05-13 2020-04-22
3. AT&T INC   2017-02-10 2020-05-18
1. ABBOTT LABORATORIES INC   2020-04-15 2020-05-18
1. ACTIVISION BLIZZARD INC   2019-05-13 2020-05-18
3. AKAMAI TECHNOLOGIES INC   2018-11-08 2020-05-18
1. ANALOG DEVICES INC COM   2020-04-15 2020-05-18
1. APPLE COMPUTER   2013-08-02 2020-05-18
5. BANK OF AMER CORP COM   2016-07-07 2020-05-18
1. BROADRIDGE FINANCIAL SOLUTIO   2020-04-15 2020-05-18
2. CVS CORP COM   2012-08-08 2020-05-18
1. CERNER CORP   2011-04-12 2020-05-18
2. CISCO SYSTEMS   2020-04-15 2020-05-18
2. COMCAST CORP-CLASS A   2020-04-15 2020-05-18
1. DISNEY WALT   2017-11-16 2020-05-18
1. DOMINION RES INC VA NEW COM   2020-04-15 2020-05-18
1. FACEBOOK INC-CLASS A   2019-05-13 2020-05-18
1. FIDELITY NATIONAL INFO SERV   2020-04-15 2020-05-18
1. HEICO CORP-CLASS A   2020-04-15 2020-05-18
2. IAA INC   2017-11-16 2020-05-18
1. IQVIA HOLDINGS INC   2019-05-13 2020-05-18
37. ISHARES RUSSELL MID-CAP ETF   2017-11-16 2020-05-18
8. ISHARES RUSSELL 2000 ETF   2017-11-16 2020-05-18
13. ISHARES CORE MSCI EAFE ETF   2019-05-13 2020-05-18
14. ISHARES CORE MSCI EMERGING   2017-11-16 2020-05-18
2. J P MORGAN CHASE & CO COM   2013-02-04 2020-05-18
1. JOHNSON & JOHNSON   2017-11-16 2020-05-18
5. KAR AUCTION SERVICES INC   2017-11-16 2020-05-18
1. MARSH & MCLENNAN COS INC   2020-04-15 2020-05-18
1. MICROSOFT CORP   2017-11-16 2020-05-18
2. MONDELEZ INTERNATIONAL INC-A   2019-05-13 2020-05-18
1. PNC FINANCIAL CORP   2020-04-15 2020-05-18
1. PAYPAL HOLDINGS INC   2017-02-10 2020-05-18
1. PEPSICO INC   2020-04-15 2020-05-18
2. PFIZER INC   2020-04-15 2020-05-18
1. PROCTER & GAMBLE CO   2020-04-15 2020-05-18
1. RAYTHEON TECHNOLOGIES CORP   2019-05-13 2020-05-18
1. SALESFORCE.COM INC   2020-04-15 2020-05-18
2. SERVICEMASTER GLOBAL HOLDING   2020-04-15 2020-05-18
1. STARBUCKS CORP COM   2020-04-15 2020-05-18
2. SYSCO CORP   2020-04-15 2020-05-18
2. TJX COS INC NEW COM   2017-11-16 2020-05-18
3. TRUIST FINANCIAL CORP   2017-11-16 2020-05-18
3. UBER TECHNOLOGIES INC   2020-04-15 2020-05-18
1. UNIVERSAL DISPLAY CORP   2017-11-16 2020-05-18
1. VERIZON COMMUNICATIONS COM   2017-02-10 2020-05-18
1. VISA INC-CLASS A SHARES   2017-02-10 2020-05-18
1. WABTEC CORP   2020-04-15 2020-05-18
1. WAL MART STORES INC   2020-04-15 2020-05-18
1. WASTE MGMT INC DEL COM   2020-04-15 2020-05-18
1. ZIMMER HLDGS INC COM   2017-02-10 2020-05-18
8. AMCOR PLC   2020-04-15 2020-05-18
1. MEDTRONIC PLC   2020-04-15 2020-05-18
1. APTIV PLC   2016-07-07 2020-05-18
1. CHUBB LTD   2020-04-15 2020-05-18
25000. CHEVRON CORP 2.427% 24 JUN 2020   2016-02-05 2020-06-24
25000. BANK OF AMERICA CORP 2.625% 31 JUL 202024   2019-08-15 2020-07-31
.656 VIATRIS INC   2020-04-15 2020-11-25
12. VIATRIS INC   2020-04-15 2020-12-09
(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 619   679 -60
b 2,690   4,606 -1,916
c 25,000   25,000  
d 2,296   3,049 -753
e 25,000   25,125 -125
1,280   4,123 -2,843
1,465   2,033 -568
1,181   1,734 -553
2,491   5,156 -2,665
2,230   5,291 -3,061
2,312   3,980 -1,668
984   665 319
2,302   1,667 635
1,453   680 773
2,518   1,449 1,069
4,602   908 3,694
2,225   1,340 885
2,843   655 2,188
2,531   1,786 745
1,338   1,422 -84
1,035   409 626
1,249   1,245 4
3,395   2,383 1,012
1,191   1,006 185
21,830   25,777 -3,947
3,706   1,876 1,830
2,240   1,082 1,158
1,909   1,258 651
1,409   1,032 377
977   368 609
8,339   7,999 340
2,922   465 2,457
2,790   2,632 158
2,496   1,021 1,475
948   931 17
1,984   2,117 -133
2,047   1,764 283
10,591   11,707 -1,116
5,868   7,399 -1,531
14,251   15,883 -1,632
42   52 -10
88   124 -36
91   91  
74   44 30
296   217 79
107   100 7
313   66 247
112   65 47
119   106 13
129   90 39
68   27 41
90   83 7
75   74 1
117   104 13
79   81 -2
213   184 29
138   119 19
74   69 5
75   60 15
140   132 8
1,857   1,867 -10
1,061   1,184 -123
694   779 -85
620   790 -170
179   96 83
151   139 12
61   91 -30
107   96 11
185   83 102
101   103 -2
102   93 9
147   41 106
136   135 1
76   72 4
116   122 -6
58   76 -18
176   156 20
56   55 1
77   72 5
105   91 14
99   69 30
101   141 -40
106   83 23
150   179 -29
56   49 7
191   86 105
56   49 7
127   129 -2
99   98 1
122   118 4
77   70 7
99   97 2
70   52 18
104   117 -13
25,000   25,000  
25,000   25,063 -63
11   10 1
211   182 29
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       -60
b       -1,916
c        
d       -753
e       -125
      -2,843
      -568
      -553
      -2,665
      -3,061
      -1,668
      319
      635
      773
      1,069
      3,694
      885
      2,188
      745
      -84
      626
      4
      1,012
      185
      -3,947
      1,830
      1,158
      651
      377
      609
      340
      2,457
      158
      1,475
      17
      -133
      283
      -1,116
      -1,531
      -1,632
      -10
      -36
       
      30
      79
      7
      247
      47
      13
      39
      41
      7
      1
      13
      -2
      29
      19
      5
      15
      8
      -10
      -123
      -85
      -170
      83
      12
      -30
      11
      102
      -2
      9
      106
      1
      4
      -6
      -18
      20
      1
      5
      14
      30
      -40
      23
      -29
      7
      105
      7
      -2
      1
      4
      7
      2
      18
      -13
       
      -63
      1
      29
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 -602
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................................ 1 100
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........................... 3 100
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- ..... 5 100
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 143
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.............. 7 143
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 43
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet43 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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)
    bulletRI
    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 ofbulletThe Washington Trust Company Telephone no.bullet (401) 348-1234

    Located atbullet23 BROAD STREETWESTERLYRI ZIP+4bullet02891
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
     
     
    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
    The Washington Trust Company Trustee
    1     		10,110    
    23 Broad Street
    Westerly,RI02891
    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.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (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
    782,997
    b
    Average of monthly cash balances.......................
    1b
    30,307
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    813,304
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    813,304
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    12,200
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    801,104
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    40,055
    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
    40,055
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    100
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    100
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    39,955
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    39,955
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    39,955
    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
    47,122
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    47,122
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    47,122
    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 39,955
    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...... 0
    d From 2018...... 5,079
    e From 2019...... 2,607
    fTotal of lines 3a through e........ 7,686
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 47,122
    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..... 39,955
    e Remaining amount distributed out of corpus 7,167
    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 14,853
    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 ......     		14,853
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 5,079
    d Excess from 2019.... 2,607
    e Excess from 2020.... 7,167
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    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
    Salve Regina University
    100 OCHRE POINTE AVENUE
    Newport,RI02840     		NONE PC NURSING COLLEGE 10,224
    New England Institute of Technology
    ONE NEW ENGLAND TECH BLVD
    East Greenwich,RI02818     		NONE PC NURSING PROGRAM 852
    COMMUNITY COLLEGE OF RHODE ISLAND
    400 EAST AVENUE
    WARWICK,RI02886     		NONE PC NURSING PROGRAM 2,556
    UNIVERSITY OF RHODE ISLAND
    UPPER COLLEGE ROAD
    KINGSTON,RI02881     		NONE PC NURSING PROGRAM 11,929
    RHODE ISLAND COLLEGE
    600 MT PLEASANT AVENUE
    PROVIDENCE,RI02908     		NONE PC SCHOOL OF NURSING 17,041
    Total .................................bullet 3a 42,602
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    4 Dividends and interest from securities....     14 15,229  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -602  
    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)..   14,627  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,627
    (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:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,100 1,100   1,100

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 2.55% 3-15 25,047 25,673
    CHEVRON CORP 2.427% 6-24-20    
    CUMMINS INC 3.65% 10-1-23 26,030 27,088
    INTEL CORP 2.7% 12-15-22 24,969 26,183
    JOHN DEERE CAP CORP 2.05% 3-10    
    ORACLE CORP 2.5% 5-15-22 24,935 25,668
    PIMCO INCOME FD    
    FEDERAL FARM CREDIT BANKS FUND    
    BANK OF AMERICA CORP STEP CPN    
    TRUIST FINANCIAL CORP 4.25% 30 26,840 27,943
    BARCLAYS BANK PLC STEP CPN 2.1 25,000 24,835
    FEDERAL FARM CREDIT BANKS FUND 16,000 15,986
    GILEAD SCIENCES INC 3.5% 01 FE 26,000 27,617
    JPMORGAN CHASE BANK NA 1.5% 16 24,960 24,717
    SALLIE MAE BANK 1.9% 23 JAN 20 24,963 25,924

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC 2,647 4,702
    AKAMAI TECHNOLOGIES INC 10,690 12,284
    ALPHABET INC CL A 5,070 12,268
    AMAZON.COM 2,381 13,028
    AMERICAN INTERNATIONAL GROUP    
    AMERICAN TOWER CORP 1,786 2,694
    APPLE INC 2,359 19,107
    APTIV PLC SHS 2,696 6,775
    AT&T INC 4,472 3,106
    BANK OF AMERICA CORP 2,878 6,729
    BECTON DICKINSON & CO 2,142 3,003
    BLACKROCK INC 2,844 4,329
    BOEING CO/THE    
    BOOKING HOLDINGS INC    
    CERNER CORP 1,318 3,375
    CHEVRON CORP    
    COSTCO WHOLESALE CORP 1,882 4,145
    CVS HEALTH CORP 3,237 4,849
    DOWDUPONT INC    
    EQUINIX INC 1,906 2,857
    ESTEE LAUDER COS INC /THE 1,568 5,058
    EXXON MOBIL CORP    
    GENERAL MOTORS CO    
    HOME DEPOT INC 2,516 3,984
    HONEYWELL INTL INC 2,259 3,403
    JOHNSON & JOHNSON 3,749 4,249
    JP MORGAN CHASE CO 3,396 9,022
    KAR AUCTION SERVICES INC 3,430 4,262
    MICROSOFT CORP 4,996 13,345
    NEXTERA ENERGY INC 2,989 5,863
    NVIDIA CORP 2,271 5,744
    PAYPAL HOLDINGS INC 1,062 6,089
    STARBUCKS CORP 2,971 4,386
    SVB FINANCIAL GROUP    
    THERMO FISHER SCIENTIFIC INC 827 7,452
    TJX COS INC 2,496 4,917
    UNIVERSAL DISPLAY CORP 4,295 5,515
    VERIZON COMMUNICATIONS INC 2,895 3,466
    VISA INC 2,231 5,687
    WALT DISNEY CO 2,904 5,073
    WATSCO INC 2,948 4,304
    ZIMMER HOLDINGS INC 3,058 4,006
    ALIBABA GROUP HOLDING LTD SPON 1,543 3,491
    ISHARES RUSSELL 2000 ETF 47,663 64,504
    ISHARES RUSSELL MID-CAP ETF 81,457 105,636
    ISHARES CORE MSCI EMERGING MKT 30,245 35,921
    ISHARES MSCI EAFE ETF 32,251 37,170
    ACTIVISION BLIZZARD INC 1,905 3,993
    BROADCOM INC 4,931 7,881
    FACEBOOK INC 3,871 5,736
    IQVIA HOLDINGS INC 5,266 7,167
    MONDELEZ INTERNATIONAL INC 3,946 4,502
    RAYTHEON CO 2,349 2,217
    TRUIST FINANCIAL CORP 4,995 5,081
    VERISK ANALYTICS INC 2,632 3,944
    IAA INC 2,858 6,238
    CONSUMER STAPLES SELECT SECTOR    
    ABBOTT LABORATORIES TICKER: AB 2,807 3,394
    ADOBE INC TICKER: ADBE , CUSIP 2,691 4,001
    AMCOR PLC TICKER: AMCR , CUSIP 2,940 3,943
    AMGEN INC TICKER: AMGN , CUSIP 3,120 3,219
    ANALOG DEVICES INC TICKER: AD 2,907 4,284
    AUTOMATIC DATA PROCESSING INC 2,907 3,700
    BROADRIDGE FINANCIAL SOLUTIONS 2,978 4,290
    CHUBB LTD TICKER: CB , CUSIP:H 3,520 4,618
    CISCO SYSTEMS INC TICKER: CSC 3,704 3,983
    CLOROX CO/THE TICKER: CLX , CU 2,935 3,029
    COMCAST CORP TICKER: CMCSA , C 2,904 4,087
    DOMINION ENERGY INC TICKER: D 4,442 4,136
    FIDELITY NATIONAL INFORMATION 2,864 3,395
    HEICO CORP TICKER: HEI/A , CUS 2,982 5,034
    KLA CORP TICKER: KLAC , CUSIP: 2,928 4,919
    LOCKHEED MARTIN CORP TICKER: L 2,615 2,485
    MARSH & MCLENNAN COS INC TICKE 2,889 3,510
    MEDTRONIC PLC TICKER: MDT , CU 2,895 3,514
    PALO ALTO NETWORKS INC TICKER: 2,976 5,686
    PFIZER INC TICKER: PFE , CUSIP 3,474 3,755
    PEPSICO INC TICKER: PEP , CUSI 3,506 3,856
    PNC FINANCIAL SERVICES GROUP I 2,881 4,619
    PROCTER & GAMBLE CO/THE CUSIP: 4,383 5,009
    SALESFORCE.COM INC CUSIP:79466 4,380 6,231
    S&P GLOBAL INC CUSIP:78409V104 3,006 3,616
    STRYKER CORP TICKER: SYK , CUS 3,078 4,411
    SYSCO CORP TICKER: SYY , CUSIP 2,919 4,753
    TERMINIX GLOBAL HOLDINGS INC T 2,908 5,356
    UBER TECHNOLOGIES INC TICKER: 2,936 5,406
    VIACOMCBS INC TICKER: VIAC , C 698 932
    WALMART INC TICKER: WMT , CUSI 2,835 3,171
    WASTE MANAGEMENT INC TICKER: 2,931 3,538
    WESTINGHOUSE AIR BRAKE TECHNOL 2,947 4,392

    TY 2020 OtherIncreasesSchedule
    Name:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Description Amount
    TRANSACTIONS POSTED FOR PRIOR PERIOD 93
    ROUNDING 21
    DONATION ADDITION TO ACCOUNT 200
    ADDING BACK 2021 ACCRUED INTEREST 8


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & ACCOUNTING FEES (ALLOC 50 50   50


    TY 2020 TaxesSchedule
    Name:
    THE LUCY C AYERS MEMORIAL FOUNDATION
    EIN:
    46-4326190
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 621 0   0
    FEDERAL ESTIMATES - PRINCIPAL 143 0   0
    FOREIGN TAXES ON QUALIFIED FOR 112 112   0
    FOREIGN TAXES ON NONQUALIFIED 42 42   0