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 CHARLES EVANS HUGHES MEMORIAL
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)280 MADISON AVENUE SUITE 1007
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016

A Employer identification number

13-6159445

B Telephone number (see instructions)

(212) 689-0288

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

$15,601,522J 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	(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	461		461
4	Dividends and interest from securities...	134,928		134,928
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		344,056
b	Gross sales price for all assets on line 6a 3,762,978
7	Capital gain net income (from Part IV, line 2)...			344,056
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	479,445		479,445
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	18,408		0	18,408
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		7,291	3,645	3,646
b	Accounting fees (attach schedule).......		15,000	15,000	0
c	Other professional fees (attach schedule)....		61,143	30,543	30,600
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		9,238	216	3,067
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	600		0	600
22	Printing and publications..........
23	Other expenses (attach schedule).......		11,925	1,654	10,271
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	123,605		51,058	66,592
25	Contributions, gifts, grants paid.......	782,250			782,250
26	Total expenses and disbursements. Add lines 24 and 25	905,855		51,058	848,842
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-426,410
b	Net investment income (if negative, enter -0-)			428,387
c	Adjusted net income (if negative, enter -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.............	417	500	500
	2	Savings and temporary cash investments.........	127,566	59,894	59,894
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	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).......	14,396,958	15,522,884	15,522,884
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	4,980	18,244	18,244
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,529,921	15,601,522	15,601,522
	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 )	20,242	4,421
	23	Total liabilities (add lines 17 through 22).........	20,242	4,421
		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........	33,600,375	35,458,263
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	-19,090,696	-19,861,162
	29	Total net assets or fund balances (see instructions).....	14,509,679	15,597,101
	30	Total liabilities and net assets/fund balances (see instructions).	14,529,921	15,601,522

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

14,509,679

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

-426,410

Other increases not included in line 2 (itemize) bullet

1,513,832

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

15,597,101

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 .

15,597,101

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	85 SH. ACTIVISION BLIZZARD INC.	P	2018-07-18	2020-01-24
b	40 SH. ACTIVISION BLIZZARD INC.	P	2018-07-19	2020-01-24
c	10 SH. ACTIVISION BLIZZARD INC.	P	2018-07-19	2020-01-27
d	170 SH. ACTIVISION BLIZZARD INC.	P	2018-11-14	2020-01-27
e	30 SH. ACTIVISION BLIZZARD INC.	P	2018-11-14	2020-01-28
	90 SH. ACTIVISION BLIZZARD INC.	P	2018-12-24	2020-01-28
	35 SH. ACTIVISION BLIZZARD INC.	P	2018-12-24	2020-01-29
	125 SH. ACTIVISION BLIZZARD INC.	P	2018-12-26	2020-01-29
	10 SH. ADOBE INC.	P	2020-04-29	2020-10-30
	20 SH. ADVANCE AUTO PARTS INC.	P	2017-05-26	2020-06-18
	5 SH. ADVANCE AUTO PARTS INC.	P	2017-06-09	2020-06-18
	20 SH. ADVANCE AUTO PARTS INC.	P	2017-06-30	2020-09-21
	20 SH. ADVANCE AUTO PARTS INC.	P	2019-08-21	2020-10-30
	10 SH. AIR PRODUCTS & CHEMICALS INC.	P	2020-06-29	2020-10-30
	10 SH. ALIBABA GROUP HOLDINGS LTD.	P	2016-06-30	2020-06-18
	15 SH. ALIBABA GROUP HOLDINGS LTD.	P	2016-06-30	2020-10-30
	10 SH. ALLEGION PLC	P	2017-04-07	2020-03-23
	15 SH. ALLEGION PLC	P	2017-04-07	2020-10-06
	5 SH. ALLEGION PLC	P	2018-04-03	2020-10-06
	35 SH. ALLEGION PLC	P	2018-04-03	2020-10-07
	15 SH. ALLEGION PLC	P	2018-04-30	2020-10-07
	15 SH. ALLEGION PLC	P	2018-04-30	2020-10-08
	20 SH. ALLEGION PLC	P	2018-05-08	2020-10-08
	2 SH. ALPHABET INC. CLASS C	P	2015-11-06	2020-06-18
	8 SH. ALPHABET INC. CLASS C	P	2015-12-14	2020-06-18
	2 SH. ALPHABET INC. CLASS C	P	2015-12-14	2020-10-30
	3 SH. ALPHABET INC. CLASS C	P	2017-02-02	2020-10-30
	7 SH. AMAZON.COM INC.	P	2016-09-14	2020-08-07
	5 SH. AMAZON.COM INC.	P	2016-09-14	2020-10-30
	30 SH. AMEREN CORP.	P	2018-09-11	2020-06-18
	20 SH. AMEREN CORP.	P	2018-09-11	2020-10-30
	25 SH. AMEREN CORP.	P	2018-09-12	2020-10-30
	50 SH. AMEREN CORP.	P	2018-09-12	2020-11-25
	30 SH. AMEREN CORP.	P	2018-09-13	2020-11-25
	10 SH. AMERICAN TOWER CORP.	P	2018-11-15	2020-06-18
	5 SH. AMERICAN TOWER CORP.	P	2018-11-15	2020-10-30
	15 SH. AMERICAN TOWER CORP.	P	2018-11-16	2020-10-30
	15 SH. AMERICAN WATER WORKS CO.	P	2018-04-12	2020-06-18
	20 SH. AMERICAN WATER WORKS CO.	P	2018-04-12	2020-10-30
	30 SH. AMERICAN WATER WORKS CO.	P	2018-04-12	2020-11-27
	20 SH. AMPHENOL CORP.	P	2019-09-17	2020-06-18
	30 SH. AMPHENOL CORP.	P	2019-09-17	2020-10-30
	20 SH. ANSYS INC.	P	2017-04-07	2020-04-30
	15 SH. ANSYS INC.	P	2017-04-07	2020-08-06
	5 SH. ANSYS INC.	P	2017-04-07	2020-10-30
	10 SH. AON PLC	P	2020-09-04	2020-10-30
	20 SH. APPLE INC.	P	2013-09-19	2020-06-18
	130 SH. APPLE INC.	P	2013-09-19	2020-10-30
	10 SH. APTARGROUP INC.	P	2018-10-30	2020-10-30
	10 SH. APTARGROUP INC.	P	2018-12-12	2020-10-30
	10 SH. AXALTA COATING SYSTEMS LTD.	P	2018-09-19	2020-02-28
	40 SH. AXALTA COATING SYSTEMS LTD.	P	2018-09-19	2020-03-02
	25 SH. AXALTA COATING SYSTEMS LTD.	P	2018-09-19	2020-03-03
	50 SH. AXALTA COATING SYSTEMS LTD.	P	2018-09-20	2020-03-03
	150 SH. BANK OF AMERICA CORP.	P	2019-01-29	2020-06-18
	230 SH. BANK OF AMERICA CORP.	P	2019-01-29	2020-10-30
	BARCLAYS PLC ADR LITIGATION SETTLEMENT	P	2016-06-30	2020-05-04
	5 SH. BLACKROCK INC.	P	2018-05-29	2020-06-18
	5 SH. BLACKROCK INC.	P	2018-05-29	2020-10-30
	225 SH. BLACKSTONE GROUP INC.	P	2020-01-21	2020-06-18
	65 SH. BLACKSTONE GROUP INC.	P	2020-01-22	2020-06-18
	85 SH. BLACKSTONE GROUP INC.	P	2020-01-22	2020-10-30
	4 SH. BOOKING HOLDINGS INC.	P	2016-12-20	2020-01-21
	13 SH. BOOKING HOLDINGS INC.	P	2017-01-27	2020-01-21
	10 SH. BURLINGTON STORES INC.	P	2019-08-23	2020-06-18
	10 SH. BURLINGTON STORES INC.	P	2019-08-23	2020-10-30
	20 SH. CMC MATERIALS INC.	P	2019-10-17	2020-06-18
	15 SH. CMC MATERIALS INC.	P	2019-10-17	2020-10-30
	15 SH. CDW CORP.	P	2019-04-15	2020-10-30
	5 SH. CHARTER COMMUNICATIONS INC.	P	2019-11-06	2020-06-18
	5 SH. CHARTER COMMUNICATIONS INC.	P	2019-11-06	2020-10-30
	20 SH. CHUBB LIMITED	P	2012-05-25	2020-02-11
	50 SH. CHUBB LIMITED	P	2017-01-24	2020-02-11
	50 SH. CHUBB LIMITED	P	2017-01-24	2020-03-02
	25 SH. CHUBB LIMITED	P	2017-01-24	2020-03-03
	5 SH. CHUBB LIMITED	P	2017-01-25	2020-03-03
	10 SH. CHUBB LIMITED	P	2017-01-25	2020-10-30
	5 SH. CINTAS CORP.	P	2018-03-01	2020-06-18
	10 SH. CINTAS CORP.	P	2018-03-01	2020-10-30
	65 SH. CITIGROUP INC.	P	2012-09-04	2020-06-18
	40 SH. CITIGROUP INC.	P	2012-09-04	2020-10-30
	50 SH. CITIGROUP INC.	P	2012-09-05	2020-10-30
	20 SH. CITIGROUP INC.	P	2015-11-13	2020-10-30
	130 SH. CITIGROUP INC.	P	2015-11-13	2020-11-25
	245 SH. CITIGROUP INC.	P	2017-12-06	2020-11-25
	55 SH. CITIGROUP INC.	P	2017-12-06	2020-11-27
	70 SH. CITIGROUP INC.	P	2020-02-11	2020-11-27
	5 SH. CME GROUP INC.	P	2018-10-09	2020-06-18
	5 SH. CME GROUP INC.	P	2018-10-10	2020-06-18
	25 SH. CME GROUP INC.	P	2018-10-10	2020-09-04
	15 SH. CME GROUP INC.	P	2018-10-10	2020-09-04
	55 SH. CME GROUP INC.	P	2018-10-10	2020-09-08
	5 SH. CME GROUP INC.	P	2018-11-16	2020-09-08
	35 SH. CME GROUP INC.	P	2018-11-16	2020-09-09
	5 SH. CME GROUP INC.	P	2020-03-30	2020-09-09
	15 SH. CME GROUP INC.	P	2020-03-30	2020-09-10
	5 SH. CONOCOPHILLIPS	P	2014-03-31	2020-06-18
	50 SH. CONOCOPHILLIPS	P	2015-01-16	2020-06-18
	85 SH. CONOCOPHILLIPS	P	2015-01-16	2020-10-30
	7 SH. COOPER COMPANIES INC.	P	2017-04-07	2020-06-18
	3 SH. COOPER COMPANIES INC.	P	2018-01-09	2020-06-18
	5 SH. COOPER COMPANIES INC.	P	2018-01-09	2020-10-30
	60 SH. CORELOGIC INC.	P	2017-04-07	2020-01-22
	90 SH. CORELOGIC INC.	P	2017-04-07	2020-02-13
	25 SH. DANAHER CORP.	P	2017-01-18	2020-06-18
	35 SH. DANAHER CORP.	P	2017-01-18	2020-10-30
	15 SH. DANAHER CORP.	P	2017-01-18	2020-11-13
	35 SH. DANAHER CORP.	P	2017-01-19	2020-11-13
	10 SH. DANAHER CORP.	P	2017-01-19	2020-11-13
	35 SH. DISCOVER FINANCIAL SERVICES	P	2015-04-23	2020-01-22
	100 SH. DISCOVER FINANCIAL SERVICES	P	2015-04-24	2020-01-22
	50 SH. DISCOVER FINANCIAL SERVICES	P	2015-10-15	2020-01-22
	15 SH. DISCOVER FINANCIAL SERVICES	P	2015-10-15	2020-01-22
	90 SH. DISCOVER FINANCIAL SERVICES	P	2015-10-15	2020-01-23
	45 SH. DISCOVER FINANCIAL SERVICES	P	2015-10-15	2020-01-24
	85 SH. DISCOVER FINANCIAL SERVICES	P	2016-02-10	2020-01-24
	65 SH. DISCOVER FINANCIAL SERVICES	P	2016-02-10	2020-01-27
	50 SH. DISCOVER FINANCIAL SERVICES	P	2017-12-06	2020-01-27
	70 SH. WALT DISNEY HOLDING CO.	P	2018-10-18	2020-03-02
	150 SH. WALT DISNEY HOLDING CO.	P	2018-10-19	2020-03-02
	20 SH. WALT DISNEY HOLDING CO.	P	2018-10-22	2020-03-02
	20 SH. DOLLARAMA INC.	P	2019-06-25	2020-11-02
	40 SH. DOLLARAMA INC.	P	2019-06-26	2020-11-02
	30 SH. DOLLARAMA INC.	P	2019-06-27	2020-11-02
	10 SH. DOVER CORP.	P	2017-04-07	2020-03-23
	10 SH. DOVER CORP.	P	2017-04-07	2020-10-30
	30 SH. EQUIFAX INC.	P	2019-06-25	2020-10-30
	5 SH. EQUIFAX INC.	P	2019-06-26	2020-10-30
	25 SH. FACEBOOK INC. CLASS A	P	2019-02-01	2020-06-18
	25 SH. FACEBOOK INC. CLASS A	P	2019-02-01	2020-10-30
	15 SH. FACEBOOK INC. CLASS A	P	2019-02-04	2020-10-30
	35 SH. FIDELITY NATIONAL INFORMATION SERVICES INC.	P	2017-02-03	2020-06-18
	45 SH. FIDELITY NATIONAL INFORMATION SERVICES INC.	P	2017-02-03	2020-10-30
	11 SH. FORTIVE CO.	P	2017-05-31	2020-06-18
	24 SH. FORTIVE CO.	P	2017-06-01	2020-06-18
	55 SH. FORTIVE CO.	P	2017-06-01	2020-10-30
	100 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-05-01
	50 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-05-04
	90 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-06-05
	30 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-06-05
	25 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-06-18
	25 SH. HEALTH CARE SELECT SPDR	P	2019-11-13	2020-11-25
	130 SH. HEALTH CARE SELECT SPDR	P	2019-11-14	2020-11-25
	10 SH. HEALTH CARE SELECT SPDR	P	2019-11-15	2020-11-25
	45 SH. HEALTH CARE SELECT SPDR	P	2020-03-30	2020-11-25
	40 SH. HILTON WORLDWIDE HOLDINGS INC.	P	2020-01-21	2020-06-18
	50 SH. HILTON WORLDWIDE HOLDINGS INC.	P	2020-01-22	2020-06-18
	30 SH. HILTON WORLDWIDE HOLDINGS INC.	P	2020-01-23	2020-06-18
	30 SH. HILTON WORLDWIDE HOLDINGS INC.	P	2020-01-23	2020-10-30
	60 SH. HOME DEPOT INC.	P	2017-01-24	2020-04-30
	15 SH. HOME DEPOT INC.	P	2017-01-24	2020-06-18
	10 SH. HOME DEPOT INC.	P	2017-01-24	2020-10-30
	10 SH. HOME DEPOT INC.	P	2017-01-24	2020-11-13
	30 SH. HOME DEPOT INC.	P	2017-01-25	2020-11-13
	30 SH. IAA INC.	P	2017-04-07	2020-06-18
	50 SH. IAA INC.	P	2017-04-07	2020-09-22
	55 SH. IAA INC.	P	2017-04-07	2020-10-30
	10 SH. IAA INC.	P	2019-03-08	2020-10-30
	40 SH. IAA INC.	P	2019-03-08	2020-11-19
	30 SH. IAA INC.	P	2019-04-22	2020-11-19
	30 SH. IAA INC.	P	2019-10-17	2020-11-19
	5 SH. IDEX CORP.	P	2017-04-07	2020-06-18
	30 SH. IDEX CORP.	P	2017-04-07	2020-10-30
	15 SH. INGREDION INC.	P	2018-01-29	2020-03-23
	30 SH. INGREDION INC.	P	2018-04-03	2020-08-24
	20 SH. INGREDION INC.	P	2018-05-08	2020-08-24
	30 SH. IQVIA HOLDINGS INC.	P	2019-09-16	2020-06-18
	35 SH. IQVIA HOLDINGS INC.	P	2019-09-16	2020-10-30
	10 SH. KAR AUCTION SERVICES INC.	P	2017-04-07	2020-02-07
	75 SH. KAR AUCTION SERVICES INC.	P	2017-04-07	2020-02-10
	50 SH. KAR AUCTION SERVICES INC.	P	2019-03-08	2020-02-10
	5 SH. KAR AUCTION SERVICES INC.	P	2019-04-22	2020-02-10
	25 SH. KAR AUCTION SERVICES INC.	P	2019-04-22	2020-02-11
	10 SH. L3 HARRIS TECHNOLOGIES INC.	P	2018-02-09	2020-06-18
	5 SH. L3 HARRIS TECHNOLOGIES INC.	P	2018-02-09	2020-10-30
	10 SH. LABORATORY CORP. OF AMERICA HOLDINGS	P	2017-04-07	2020-10-30
	10 SH. LVMH MOET HENNESSY VUITTON	P	2020-02-11	2020-11-02
	.044 SH. MATCH GROUP INC.	P	2020-06-17	2020-07-21
	15 SH. MATCH GROUP INC.	P	2020-06-17	2020-10-30
	25 SH. MICROSOFT CORP.	P	2016-12-22	2020-04-29
	30 SH. MICROSOFT CORP.	P	2016-12-22	2020-06-18
	70 SH. MICROSOFT CORP.	P	2017-02-03	2020-06-18
	95 SH. MICROSOFT CORP.	P	2017-02-03	2020-10-30
	10 SH. MSCI INC.	P	2019-08-22	2020-02-24
	10 SH. MSCI INC.	P	2019-08-23	2020-02-24
	15 SH. MSCI INC.	P	2019-08-26	2020-02-25
	10 SH. MSCI INC.	P	2019-08-26	2020-02-26
	45 SH. MSCI INC.	P	2019-08-27	2020-02-26
	10 SH. NICE LTD ADR	P	2020-03-23	2020-10-30
	35 SH. NIKE INC. CLASS B	P	2017-01-25	2020-06-18
	55 SH. NIKE INC. CLASS B	P	2017-01-25	2020-10-30
	42,955.327 SH. OW FIXED INCOME FUND	P	2018-12-31	2020-03-27
	5,485.232 SH. OW FIXED INCOME FUND	P	2018-12-31	2020-10-29
	1,190.128 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2012-02-17	2020-03-27
	2,142.860 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2012-06-22	2020-03-27
	80,737.808 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2012-08-17	2020-03-27
	11,951.872 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2012-08-17	2020-10-01
	5,270.600 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2013-12-27	2020-10-01
	4,303.947 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2014-12-29	2020-10-01
	5,826.303 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2014-12-29	2020-10-01
	45,513.650 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2015-01-27	2020-10-01
	40,419.420 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2015-03-18	2020-10-01
	6,735.517 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2015-12-29	2020-10-01
	3,182.896 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2017-12-28	2020-10-01
	5,954.304 SH. OW MULTI-ASSET OPPORTUNITIES FUND	P	2018-12-24	2020-10-01
	OW MULTI-ASSET OPP FUND-POST-LIQUIDATION LIQ DISTRIBUTION	P	2018-12-24	2020-12-21
	6,081.548 SH. OW SMALL & MIDCAP STRATEGY FUND	P	2011-02-15	2020-06-18
	3,519.241 SH. OW SMALL & MIDCAP STRATEGY FUND	P	2011-02-15	2020-10-29
	7,613.075 SH. OW SMALL & MIDCAP STRATEGY FUND	P	2011-03-09	2020-10-29
	5,929.825 SH. OW LARGE CAP STRATEGIES FUND	P	2012-04-05	2020-06-18
	10,091.146 SH. OW LARGE CAP STRATEGIES FUND	P	2012-04-05	2020-10-29
	25 SH. PEPSICO INC.	P	2015-06-29	2020-06-18
	40 SH. PEPSICO INC.	P	2015-06-29	2020-10-30
	15 SH. PIONEER NATURAL RESOURCES CO.	P	2018-06-27	2020-06-18
	15 SH. PIONEER NATURAL RESOURCES CO.	P	2018-06-27	2020-10-30
	140 SH. RENTOKIL INITIAL PLC	P	2019-04-25	2020-06-18
	85 SH. RENTOKIL INITIAL PLC	P	2019-04-25	2020-11-02
	225 SH. RENTOKIL INITIAL PLC	P	2019-04-29	2020-11-02
	50 SH. RENTOKIL INITIAL PLC	P	2019-04-30	2020-11-02
	45 SH. ROSS STORES INC.	P	2020-04-30	2020-10-30
	5 SH. S&P GLOBAL INC.	P	2019-08-22	2020-06-18
	10 SH. S&P GLOBAL INC.	P	2019-08-22	2020-10-30
	25 SH. SEA LTD ADR	P	2020-01-24	2020-06-18
	60 SH. SEA LTD ADR	P	2020-01-24	2020-06-30
	20 SH. SEA LTD ADR	P	2020-01-24	2020-07-01
	5 SH. SEA LTD ADR	P	2020-01-24	2020-08-18
	40 SH. SEA LTD ADR	P	2020-01-27	2020-08-18
	55 SH. SEA LTD ADR	P	2020-01-28	2020-08-18
	10 SH. SEA LTD ADR	P	2020-01-28	2020-08-19
	30 SH. SEA LTD ADR	P	2020-01-28	2020-10-30
	30 SH. SAFRAN S.A.	P	2018-07-18	2020-06-18
	50 SH. SAFRAN S.A.	P	2018-07-19	2020-06-18
	50 SH. SAFRAN S.A.	P	2018-07-20	2020-06-18
	40 SH. SAFRAN S.A.	P	2018-07-23	2020-06-18
	10 SH. SAFRAN S.A.	P	2018-07-23	2020-11-02
	10 SH. SAFRAN S.A.	P	2018-07-24	2020-11-02
	20 SH. SALESFORCE.COM INC.	P	2018-03-08	2020-06-18
	5 SH. SALESFORCE.COM INC.	P	2018-03-08	2020-08-17
	15 SH. SALESFORCE.COM INC.	P	2018-03-09	2020-08-17
	50 SH. SALESFORCE.COM INC.	P	2018-03-09	2020-08-18
	20 SH. SALESFORCE.COM INC.	P	2018-03-09	2020-10-30
	15 SH. SALESFORCE.COM INC.	P	2018-03-09	2020-12-04
	40 SH. SALESFORCE.COM INC.	P	2018-03-12	2020-12-04
	50 SH. SALESFORCE.COM INC.	P	2018-04-19	2020-12-04
	30 SH. SALESFORCE.COM INC.	P	2018-04-20	2020-12-04
	35 SH. SALESFORCE.COM INC.	P	2020-03-30	2020-12-04
	450 SH. SAMSONITE INTERNATIONAL S.A.	P	2017-04-07	2020-03-31
	250 SH. SAMSONITE INTERNATIONAL S.A.	P	2017-04-07	2020-04-01
	300 SH. SAMSONITE INTERNATIONAL S.A.	P	2017-04-07	2020-04-02
	200 SH. SAMSONITE INTERNATIONAL S.A.	P	2017-04-07	2020-04-06
	40 SH. SAMSONITE INTERNATIONAL S.A.	P	2017-04-07	2020-04-08
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-06	2020-04-08
	200 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-10	2020-04-08
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-11	2020-04-08
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-12	2020-04-08
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-13	2020-04-08
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-16	2020-04-08
	10 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-17	2020-04-08
	40 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-17	2020-04-15
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2018-04-18	2020-04-15
	150 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-10	2020-04-15
	150 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-11	2020-04-15
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-14	2020-04-15
	150 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-15	2020-04-15
	60 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-16	2020-04-15
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-16	2020-04-16
	40 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-16	2020-04-17
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-17	2020-04-17
	60 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-18	2020-04-17
	40 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-18	2020-04-20
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-01-21	2020-04-20
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-02	2020-04-20
	10 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-03	2020-04-20
	240 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-03	2020-04-21
	135 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-04	2020-04-21
	115 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-04	2020-04-22
	100 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-08	2020-04-22
	35 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-09	2020-04-22
	165 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-09	2020-04-23
	60 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-10	2020-04-23
	175 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-10	2020-04-24
	165 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-04-10	2020-04-29
	110 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-06-26	2020-04-29
	190 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-06-26	2020-05-04
	10 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-06-27	2020-05-04
	140 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-06-27	2020-05-05
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-07-02	2020-05-05
	130 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-07-03	2020-05-05
	70 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-07-03	2020-05-06
	50 SH. SAMSONITE INTERNATIONAL S.A.	P	2019-07-04	2020-05-06
	4 SH. SERVICENOW INC.	P	2018-03-09	2020-02-24
	46 SH. SERVICENOW INC.	P	2018-03-12	2020-02-24
	4 SH. SERVICENOW INC.	P	2018-03-12	2020-06-18
	1 SH. SERVICENOW INC.	P	2018-04-19	2020-06-18
	10 SH. SERVICENOW INC.	P	2018-04-19	2020-10-30
	45 SH. SIX FLAGS ENTERTAINMENT CORP.	P	2017-06-14	2020-01-14
	10 SH. SIX FLAGS ENTERTAINMENT CORP.	P	2017-06-30	2020-01-14
	5 SH. SIX FLAGS ENTERTAINMENT CORP.	P	2017-07-31	2020-01-14
	55 SH. SIX FLAGS ENTERTAINMENT CORP.	P	2017-07-31	2020-01-15
	50 SH. A.O. SMITH CORP.	P	2019-01-29	2020-06-18
	45 SH. A.O. SMITH CORP.	P	2019-01-29	2020-10-30
	10 SH. SS&C TECHNOLOGIES HOLDINGS INC.	P	2020-08-07	2020-10-30
	15 SH. STERIS PLC	P	2017-04-07	2020-06-18
	10 SH. STERIS PLC	P	2017-04-07	2020-10-30
	5 SH. STERIS PLC	P	2017-05-01	2020-10-30
	15 SH. SYNOPSYS INC.	P	2018-10-22	2020-06-16
	15 SH. SYNOPSYS INC.	P	2018-12-10	2020-06-16
	5 SH. SYNOPSYS INC.	P	2018-12-10	2020-06-18
	5 SH. SYNOPSYS INC.	P	2019-01-08	2020-06-18
	15 SH. SYNOPSYS INC.	P	2019-01-08	2020-10-30
	5 SH. SYNOPSYS INC.	P	2019-03-08	2020-10-30
	20 SH. SYNOPSYS INC.	P	2019-03-08	2020-11-19
	10 SH. TELEFLEX INC.	P	2018-09-21	2020-05-01
	5 SH. TELEFLEX INC.	P	2018-09-21	2020-06-18
	5 SH. TELEFLEX INC.	P	2018-09-21	2020-10-30
	5 SH. TELEFLEX INC.	P	2018-10-22	2020-10-30
	45 SH. TENCENT HOLDINGS LTD.	P	2019-01-09	2020-06-18
	70 SH. TENCENT HOLDINGS LTD.	P	2019-01-09	2020-11-02
	30 SH. TEXAS INSTRUMENTS INC.	P	2019-01-11	2020-06-18
	45 SH. TEXAS INSTRUMENTS INC.	P	2019-01-11	2020-10-30
	15 SH. THERMO FISHER SCIENTIFIC INC.	P	2015-01-16	2020-06-18
	15 SH. THERMO FISHER SCIENTIFIC INC.	P	2015-01-16	2020-10-30
	28 SH. THERMO FISHER SCIENTIFIC INC.	P	2015-01-16	2020-12-18
	25 SH. UNION PACIFIC CORP.	P	2019-07-23	2020-06-18
	45 SH. UNION PACIFIC CORP.	P	2019-07-23	2020-10-30
	15 SH. UNITEDHEALTH GROUP INC.	P	2018-10-26	2020-06-18
	15 SH. UNITEDHEALTH GROUP INC.	P	2018-10-26	2020-10-30
	25 SH. US FOODS HOLDING CORP.	P	2020-09-21	2020-10-30
	15 SH. VERISK ANALYTICS INC. CLASS A	P	2018-07-27	2020-06-18
	20 SH. VERISK ANALYTICS INC. CLASS A	P	2018-08-09	2020-08-06
	5 SH. VERISK ANALYTICS INC. CLASS A	P	2018-08-09	2020-10-30
	35 SH. VISA INC.	P	2016-12-20	2020-06-18
	5 SH. VISA INC.	P	2016-12-20	2020-10-30
	45 SH. VISA INC.	P	2017-01-27	2020-10-30
	20 SH. VONTIER CORP.	P	2017-06-01	2020-10-30
	10.4 SH. VONTIER CORP.	P	2017-06-01	2020-11-13
	27.6 SH. VONTIER CORP.	P	2017-06-02	2020-11-13
	60 SH. VONTIER CORP.	P	2017-07-27	2020-11-13
	22 SH. VONTIER CORP.	P	2017-07-28	2020-11-13
	48 SH. VONTIER CORP.	P	2017-07-28	2020-11-16
	30 SH. VONTIER CORP.	P	2020-03-30	2020-11-16
	10 SH. VULCAN MATERIALS COMPANY	P	2020-01-14	2020-05-22
	15 SH. VULCAN MATERIALS COMPANY	P	2020-01-14	2020-05-26
	5 SH. VULCAN MATERIALS COMPANY	P	2020-02-07	2020-05-26
	5 SH. VULCAN MATERIALS COMPANY	P	2020-02-07	2020-05-27
	10 SH. VULCAN MATERIALS COMPANY	P	2020-03-05	2020-05-27
	5 SH. VULCAN MATERIALS COMPANY	P	2020-03-05	2020-05-28
	50 SH. VULCAN MATERIALS COMPANY	P	2020-03-30	2020-05-28
	20 SH. VULCAN MATERIALS COMPANY	P	2020-03-30	2020-05-29
	15 SH. WASTE MANAGEMENT INC.	P	2018-12-24	2020-06-18
	30 SH. WASTE MANAGEMENT INC.	P	2018-12-24	2020-06-26
	85 SH. WASTE MANAGEMENT INC.	P	2018-12-24	2020-06-29
	60 SH. WASTE MANAGEMENT INC.	P	2018-12-26	2020-06-29
	55 SH. WASTE MANAGEMENT INC.	P	2019-08-21	2020-06-29
	35 SH. WASTE MANAGEMENT INC.	P	2019-08-21	2020-06-30
	40 SH. WASTE MANAGEMENT INC.	P	2020-03-30	2020-06-30
	5 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2018-04-30	2020-01-10
	10 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2018-04-30	2020-05-01
	5 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2018-04-30	2020-06-16
	15 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2018-06-01	2020-06-16
	15 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2018-06-01	2020-06-18
	15 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2020-03-30	2020-08-06
	10 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2020-03-30	2020-09-21
	5 SH. WEST PHARMACEUTICAL SERVICES INC.	P	2020-03-30	2020-10-30
	10 SH. WEX INC.	P	2020-01-23	2020-10-30
	15 SH. WYNDHAM HOTELS & RESORTS INC.	P	2018-06-01	2020-06-18
	80 SH. WYNDHAM HOTELS & RESORTS INC.	P	2018-06-19	2020-06-18
	60 SH. WYNDHAM HOTELS & RESORTS INC.	P	2019-01-08	2020-06-18
	35 SH. WYNDHAM HOTELS & RESORTS INC.	P	2019-03-08	2020-06-18
	5 SH. WYNDHAM HOTELS & RESORTS INC.	P	2019-03-08	2020-10-30
	30 SH. WYNDHAM HOTELS & RESORTS INC.	P	2020-03-30	2020-10-30
	25 SH. ZOETIS INC.	P	2017-10-24	2020-06-18
	30 SH. ZOETIS INC.	P	2017-10-24	2020-08-18
	20 SH. ZOETIS INC.	P	2018-01-29	2020-08-18
	30 SH. ZOETIS INC.	P	2018-01-29	2020-08-19
	25 SH. ZOETIS INC.	P	2018-01-29	2020-10-30
	10 SH. ZOETIS INC.	P	2018-01-30	2020-10-30
	CAPITAL GAINS 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	5,126	6,878	-1,752
b	2,412	3,223	-811
c	603	806	-203
d	10,243	9,208	1,035
e	1,785	1,625	160
	5,353	4,205	1,148
	2,041	1,635	406
	7,288	5,648	1,640
	4,580	3,485	1,095
	2,860	2,842	18
	715	657	58
	3,083	2,438	645
	2,948	2,728	220
	2,748	2,349	399
	2,232	744	1,488
	4,632	1,116	3,516
	968	756	212
	1,481	1,134	347
	494	427	67
	3,522	2,989	533
	1,509	1,175	334
	1,524	1,175	349
	2,032	1,516	516
	2,891	1,444	1,447
	11,563	6,062	5,501
	3,051	1,515	1,536
	4,576	2,411	2,165
	22,214	5,393	16,821
	15,919	3,852	12,067
	2,221	1,961	260
	1,645	1,307	338
	2,056	1,646	410
	3,956	3,293	663
	2,373	1,965	408
	2,685	1,607	1,078
	1,150	803	347
	3,451	2,445	1,006
	1,972	1,229	743
	3,075	1,639	1,436
	4,644	2,458	2,186
	1,987	1,892	95
	3,358	2,838	520
	5,164	2,125	3,039
	4,639	1,594	3,045
	1,543	531	1,012
	1,939	2,097	-158
	7,028	1,295	5,733
	14,652	2,105	12,547
	1,132	1,003	129
	1,132	992	140
	265	293	-28
	1,043	1,175	-132
	620	734	-114
	1,240	1,470	-230
	3,925	4,423	-498
	5,406	6,782	-1,376
	6		6
	2,794	2,691	103
	3,008	2,691	317
	13,142	13,401	-259
	3,797	3,954	-157
	4,286	5,171	-885
	8,201	6,049	2,152
	26,653	20,290	6,363
	2,147	1,717	430
	1,950	1,717	233
	2,907	2,854	53
	2,103	2,141	-38
	1,789	1,593	196
	2,643	2,368	275
	2,869	2,368	501
	3,265	1,459	1,806
	8,163	6,572	1,591
	7,727	6,573	1,154
	3,602	3,287	315
	720	656	64
	1,281	1,313	-32
	1,369	856	513
	3,173	1,712	1,461
	3,657	1,948	1,709
	1,657	1,198	459
	2,071	1,483	588
	829	1,112	-283
	6,919	7,225	-306
	13,040	18,954	-5,914
	3,053	4,255	-1,202
	3,886	5,511	-1,625
	892	904	-12
	892	902	-10
	4,312	4,508	-196
	2,588	2,729	-141
	9,537	10,005	-468
	867	941	-74
	5,934	6,587	-653
	848	859	-11
	2,515	2,577	-62
	226	345	-119
	2,263	3,136	-873
	2,487	5,330	-2,843
	2,096	1,396	700
	898	690	208
	1,669	1,149	520
	2,720	2,406	314
	4,422	3,609	813
	4,382	2,029	2,353
	8,166	2,841	5,325
	3,424	1,218	2,206
	7,989	2,850	5,139
	2,288	814	1,474
	2,954	2,084	870
	8,440	5,957	2,483
	4,220	2,783	1,437
	1,266	837	429
	7,549	5,020	2,529
	3,839	2,510	1,329
	7,252	3,914	3,338
	5,554	2,993	2,561
	4,273	3,672	601
	8,381	8,117	264
	17,960	17,476	484
	2,395	2,328	67
	699	694	5
	1,397	1,373	24
	1,048	1,021	27
	704	646	58
	1,095	646	449
	4,234	4,032	202
	706	667	39
	5,924	3,704	2,220
	6,727	3,704	3,023
	4,036	2,526	1,510
	4,948	2,773	2,175
	5,991	3,565	2,426
	734	697	37
	1,603	1,526	77
	3,436	2,982	454
	10,063	9,493	570
	4,985	4,747	238
	9,192	8,544	648
	3,064	2,842	222
	2,501	2,368	133
	2,703	2,368	335
	14,057	12,407	1,650
	1,081	955	126
	4,866	3,815	1,051
	3,250	4,449	-1,199
	4,062	5,675	-1,613
	2,438	3,339	-901
	2,543	3,339	-796
	13,064	8,145	4,919
	3,740	2,036	1,704
	2,709	1,357	1,352
	2,740	1,357	1,383
	8,221	4,060	4,161
	1,309	769	540
	2,551	1,282	1,269
	3,083	1,410	1,673
	561	296	265
	2,425	1,182	1,243
	1,819	1,025	794
	1,819	1,093	726
	786	467	319
	5,238	2,801	2,437
	987	2,122	-1,135
	2,334	3,833	-1,499
	1,556	2,264	-708
	4,308	4,520	-212
	5,507	5,274	233
	213	165	48
	1,604	1,239	365
	1,070	953	117
	107	110	-3
	553	551	2
	1,926	1,529	397
	810	765	45
	2,048	1,441	607
	4,649	4,545	104
	4	4	0
	1,790	1,266	524
	4,359	1,590	2,769
	5,785	1,908	3,877
	13,497	4,522	8,975
	19,404	6,137	13,267
	3,211	2,317	894
	3,211	2,348	863
	4,657	3,535	1,122
	3,036	2,357	679
	13,661	10,525	3,136
	2,271	1,230	1,041
	3,542	1,862	1,680
	6,730	2,925	3,805
	500,000	467,354	32,646
	65,000	59,679	5,321
	6,724	8,569	-1,845
	12,107	15,000	-2,893
	456,169	593,423	-137,254
	80,257	87,846	-7,589
	35,392	41,321	-5,929
	28,901	32,796	-3,895
	39,124	44,396	-5,272
	305,624	350,000	-44,376
	271,416	315,676	-44,260
	45,229	49,102	-3,873
	21,373	24,858	-3,485
	39,983	39,417	566
	883		883
	88,000	96,757	-8,757
	55,322	55,991	-669
	119,677	121,885	-2,208
	84,500	58,112	26,388
	155,000	98,893	56,107
	3,314	2,389	925
	5,392	3,823	1,569
	1,507	2,750	-1,243
	1,230	2,750	-1,520
	878	699	179
	590	424	166
	1,563	1,128	435
	347	253	94
	3,901	4,183	-282
	1,650	1,307	343
	3,278	2,615	663
	2,489	1,114	1,375
	6,360	2,673	3,687
	2,097	891	1,206
	631	223	408
	5,045	1,785	3,260
	6,937	2,493	4,444
	1,292	453	839
	4,902	1,360	3,542
	3,178	3,782	-604
	5,296	6,335	-1,039
	5,296	6,311	-1,015
	4,237	5,026	-789
	1,035	1,256	-221
	1,034	1,258	-224
	3,599	2,487	1,112
	976	622	354
	2,927	1,878	1,049
	9,686	6,258	3,428
	4,782	2,503	2,279
	3,315	1,877	1,438
	8,839	5,060	3,779
	11,049	6,134	4,915
	6,629	3,724	2,905
	7,734	5,275	2,459
	432	1,625	-1,193
	226	903	-677
	283	1,083	-800
	172	722	-550
	31	144	-113
	78	455	-377
	157	937	-780
	78	465	-387
	39	236	-197
	78	479	-401
	39	231	-192
	8	46	-38
	38	182	-144
	96	458	-362
	144	429	-285
	144	452	-308
	96	304	-208
	143	461	-318
	57	183	-126
	48	152	-104
	37	122	-85
	46	155	-109
	55	184	-129
	34	123	-89
	43	152	-109
	86	319	-233
	9	33	-24
	216	784	-568
	121	445	-324
	104	379	-275
	90	331	-241
	31	116	-85
	141	548	-407
	51	194	-143
	147	566	-419
	133	533	-400
	89	238	-149
	154	411	-257
	8	21	-13
	118	301	-183
	42	110	-68
	110	296	-186
	59	160	-101
	42	118	-76
	1,409	692	717
	16,201	7,977	8,224
	1,600	694	906
	400	174	226
	4,855	1,743	3,112
	1,609	2,735	-1,126
	357	605	-248
	179	295	-116
	1,955	3,240	-1,285
	2,439	2,386	53
	2,336	2,148	188
	604	596	8
	2,356	1,042	1,314
	1,792	695	1,097
	896	365	531
	2,685	1,330	1,355
	2,685	1,352	1,333
	932	451	481
	932	422	510
	3,262	1,265	1,997
	1,087	518	569
	4,427	2,073	2,354
	3,484	2,690	794
	1,847	1,345	502
	1,696	1,345	351
	1,696	1,228	468
	2,585	1,825	760
	5,302	2,838	2,464
	3,837	2,875	962
	6,443	4,312	2,131
	5,202	1,945	3,257
	7,200	1,945	5,255
	12,869	3,631	9,238
	4,331	4,383	-52
	7,865	7,890	-25
	4,431	3,955	476
	4,642	3,955	687
	537	636	-99
	2,515	1,711	804
	3,745	2,316	1,429
	900	579	321
	6,889	2,798	4,091
	907	400	507
	8,159	3,738	4,421
	564	468	96
	301	243	58
	800	645	155
	1,738	1,397	341
	637	513	124
	1,381	1,119	262
	863	563	300
	1,015	1,420	-405
	1,507	2,130	-623
	502	739	-237
	496	739	-243
	992	1,292	-300
	520	646	-126
	5,196	4,967	229
	2,191	1,987	204
	1,604	1,313	291
	3,044	2,625	419
	8,664	7,439	1,225
	6,115	5,310	805
	5,606	6,627	-1,021
	3,594	4,217	-623
	4,108	3,778	330
	752	443	309
	1,921	886	1,035
	1,001	443	558
	3,004	1,412	1,592
	3,165	1,412	1,753
	4,116	2,117	1,999
	2,745	1,411	1,334
	1,402	706	696
	1,330	2,247	-917
	721	712	9
	3,845	4,920	-1,075
	2,884	2,791	93
	1,682	1,869	-187
	236	267	-31
	1,415	1,073	342
	3,421	1,642	1,779
	4,713	1,971	2,742
	3,142	1,584	1,558
	4,725	2,376	2,349
	3,986	1,980	2,006
	1,595	798	797
	185,729		185,729

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			-1,752
b			-811
c			-203
d			1,035
e			160
			1,148
			406
			1,640
			1,095
			18
			58
			645
			220
			399
			1,488
			3,516
			212
			347
			67
			533
			334
			349
			516
			1,447
			5,501
			1,536
			2,165
			16,821
			12,067
			260
			338
			410
			663
			408
			1,078
			347
			1,006
			743
			1,436
			2,186
			95
			520
			3,039
			3,045
			1,012
			-158
			5,733
			12,547
			129
			140
			-28
			-132
			-114
			-230
			-498
			-1,376
			6
			103
			317
			-259
			-157
			-885
			2,152
			6,363
			430
			233
			53
			-38
			196
			275
			501
			1,806
			1,591
			1,154
			315
			64
			-32
			513
			1,461
			1,709
			459
			588
			-283
			-306
			-5,914
			-1,202
			-1,625
			-12
			-10
			-196
			-141
			-468
			-74
			-653
			-11
			-62
			-119
			-873
			-2,843
			700
			208
			520
			314
			813
			2,353
			5,325
			2,206
			5,139
			1,474
			870
			2,483
			1,437
			429
			2,529
			1,329
			3,338
			2,561
			601
			264
			484
			67
			5
			24
			27
			58
			449
			202
			39
			2,220
			3,023
			1,510
			2,175
			2,426
			37
			77
			454
			570
			238
			648
			222
			133
			335
			1,650
			126
			1,051
			-1,199
			-1,613
			-901
			-796
			4,919
			1,704
			1,352
			1,383
			4,161
			540
			1,269
			1,673
			265
			1,243
			794
			726
			319
			2,437
			-1,135
			-1,499
			-708
			-212
			233
			48
			365
			117
			-3
			2
			397
			45
			607
			104
			0
			524
			2,769
			3,877
			8,975
			13,267
			894
			863
			1,122
			679
			3,136
			1,041
			1,680
			3,805
			32,646
			5,321
			-1,845
			-2,893
			-137,254
			-7,589
			-5,929
			-3,895
			-5,272
			-44,376
			-44,260
			-3,873
			-3,485
			566
			883
			-8,757
			-669
			-2,208
			26,388
			56,107
			925
			1,569
			-1,243
			-1,520
			179
			166
			435
			94
			-282
			343
			663
			1,375
			3,687
			1,206
			408
			3,260
			4,444
			839
			3,542
			-604
			-1,039
			-1,015
			-789
			-221
			-224
			1,112
			354
			1,049
			3,428
			2,279
			1,438
			3,779
			4,915
			2,905
			2,459
			-1,193
			-677
			-800
			-550
			-113
			-377
			-780
			-387
			-197
			-401
			-192
			-38
			-144
			-362
			-285
			-308
			-208
			-318
			-126
			-104
			-85
			-109
			-129
			-89
			-109
			-233
			-24
			-568
			-324
			-275
			-241
			-85
			-407
			-143
			-419
			-400
			-149
			-257
			-13
			-183
			-68
			-186
			-101
			-76
			717
			8,224
			906
			226
			3,112
			-1,126
			-248
			-116
			-1,285
			53
			188
			8
			1,314
			1,097
			531
			1,355
			1,333
			481
			510
			1,997
			569
			2,354
			794
			502
			351
			468
			760
			2,464
			962
			2,131
			3,257
			5,255
			9,238
			-52
			-25
			476
			687
			-99
			804
			1,429
			321
			4,091
			507
			4,421
			96
			58
			155
			341
			124
			262
			300
			-405
			-623
			-237
			-243
			-300
			-126
			229
			204
			291
			419
			1,225
			805
			-1,021
			-623
			330
			309
			1,035
			558
			1,592
			1,753
			1,999
			1,334
			696
			-917
			9
			-1,075
			93
			-187
			-31
			342
			1,779
			2,742
			1,558
			2,349
			2,006
			797
			185,729

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	344,056
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	5,955
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	5,955
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	5,955
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	20,600
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	0

7	Total credits and payments. Add lines 6a through 6d..............		7	20,600
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	14,645
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax14,645	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

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

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

CEHUGHESFOUNDATION.ORG

The books are in care of bullet

ARTHUR FRIEDMAN CPA Telephone no. bullet

(212) 689-0288

Located at bullet

280 MADISON AVENUE SUITE 1007NEW YORKNY ZIP+4 bullet

10016

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

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

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

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BREWSTER WADDELL	ASSISTANT TREASURER, DIRECTOR 2.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	ASSISTANT TREASURER, DIRECTOR 2.00	0	0	0
SANDRA H WADDELL	PRESIDENT, DIRECTOR 4.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	PRESIDENT, DIRECTOR 4.00	0	0	0
HELEN J WILLIAMSON	VICE PRES, TREASURER, SEC'Y, DIRECTOR 4.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	VICE PRES, TREASURER, SEC'Y, DIRECTOR 4.00	0	0	0
SUSAN JOHNSON MCLEAN	ASSISTANT SECRETARY, DIRECTOR 2.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	ASSISTANT SECRETARY, DIRECTOR 2.00	0	0	0
KAREN AG LOUD	DIRECTOR 1.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	DIRECTOR 1.00	0	0	0
CHRISTOPHER ANGELL	DIRECTOR 1.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	DIRECTOR 1.00	0	0	0
MARY B CONRAD	DIRECTOR 1.00	0	0	0
280 MADISON AVENUE SUITE 1007 NEW YORK,NY10016	DIRECTOR 1.00	0	0	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	NO DIRECT CHARITABLE ACTIVITIES	0
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	NO PROGRAM-RELATED INVESTMENTS	0
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...................

14,254,558

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

216,370

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

11,612

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

14,482,540

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

14,482,540

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

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

217,238

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

14,265,302

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

713,265

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

713,265

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

5,955

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

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

5,955

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

707,310

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

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

707,310

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

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

707,310

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 ..........

848,842

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

848,842

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

848,842

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					707,310
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......	226,401
b From 2016......	287,593
c From 2017......	246,276
d From 2018......	251,626
e From 2019......	157,900
fTotal of lines 3a through e........		1,169,796
4Qualifying distributions for 2020 from Part
XII, line 4: $ 848,842
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.....					707,310
e Remaining amount distributed out of corpus		141,532
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		1,311,328
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) ...		226,401
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		1,084,927
10 Analysis of line 9:
a Excess from 2016....	287,593
b Excess from 2017....	246,276
c Excess from 2018....	251,626
d Excess from 2019....	157,900
e Excess from 2020....	141,532

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).)

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

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:

HELEN J WILLIAMSON
280 MADISON AVENUE SUITE 1007
NEW YORK,NY10016
(212) 689-0288

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

NY/NJ COMMON APPLICATION FORM.

cAny submission deadlines:

2 GRANT CYCLES PER YEAR - SPRING AND FALL.

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

NONE

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
THE CAMPAIGN LEGAL CENTER INC 1411 K STREET NW WASHINGTON,DC20005	N/A	PUBLIC	GENERAL USE	10,000
FIDELITY CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI,OH452770053	N/A	PUBLIC	GENERAL USE	50,000
THE GEORGIA O'KEEFFE MUSEUM 217 JOHNSON STREET SANTA FE,NM87501	N/A	PUBLIC	GENERAL USE	5,000
INTERNATIONAL FOLK ART ALLIANCE 404 KIVA COURT SANTA FE,NM87505	N/A	PUBLIC	GENERAL USE	5,000
NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN,PA19046	N/A	PUBLIC	GENERAL USE	702,000
WASHINGTON AND JEFFERSON COLLEGE 60 SOUTH LINCOLN STREET WASHINGTON,PA153019990	N/A	PUBLIC	GENERAL USE	10,000
THEATRE RESOURCES UNLIMITED INC 309 WEST 104TH STREET NEW YORK,NY10025	N/A	PUBLIC	GENERAL USE	250
Total ................................. 3a				782,250

bApproved for future payment

Total ................................. 3b				0

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 ...........			14	461
4 Dividends and interest from securities....			14	134,928
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	344,056
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)..		0		479,445	0

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

479,445

(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 Stock	End of Year Book Value	End of Year Fair Market Value
A.O. SMITH CORP.	19,461	19,461
ADOBE INC.	52,513	52,513
ADVANCE AUTO PARTS INC.	26,777	26,777
AIR PRODUCTS & CHEMICALS INC.	46,447	46,447
ALIBABA GROUP HOLDINGS LTD.	39,564	39,564
ALPHABET INC. - CLASS C	134,895	134,895
AMAZON.COM INC.	127,020	127,020
AMEREN CORP.	28,102	28,102
AMERICAN TOWER CORP.	35,914	35,914
AMERICAN WATER WORKS CO.	24,555	24,555
AMPHENOL CORP.	35,962	35,962
ANSYS INC.	25,466	25,466
AON PLC	25,352	25,352
APPLE INC.	160,555	160,555
APTARGROUP INC.	19,849	19,849
ASML HOLDING NV	19,513	19,513
ASPEN TECHNOLOGY INC.	9,118	9,118
BANK OF AMERICA CORP.	66,076	66,076
BLACKROCK INC.	36,077	36,077
BLACKSTONE GROUP INC.	51,200	51,200
BURLINGTON STORES INC.	28,771	28,771
CDW CORP.	19,769	19,769
CHARLES SCHWAB CORP.	27,846	27,846
CHARTER COMMUNICATIONS INC.	72,770	72,770
CHUBB LIMITED	28,475	28,475
CINTAS CORP.	33,579	33,579
CITIGROUP INC.	39,462	39,462
CMC MATERIALS INC.	24,964	24,964
CONOCOPHILLIPS	33,392	33,392
COOPER COMPANIES INC.	33,425	33,425
DANAHER CORP.	62,199	62,199
DOLLARAMA INC.	27,272	27,272
DOVER CORP.	24,619	24,619
EQUIFAX INC.	26,998	26,998
FACEBOOK INC. - CLASS A	103,801	103,801
FIDELITY NATIONAL INFORMATION SERVICES INC.	63,657	63,657
FORTIVE CO.	34,702	34,702
HILTON WORLDWIDE HOLDINGS INC.	36,160	36,160
HOME DEPOT INC.	26,562	26,562
IAA INC.	27,941	27,941
IDEX CORP.	13,944	13,944
IQVIA HOLDINGS INC.	73,460	73,460
L3 HARRIS TECHNOLOGIES INC.	11,341	11,341
LABORATORY CORP. OF AMERICA HOLDINGS	23,408	23,408
LVMH MOET HENNESSY VUITTON	40,750	40,750
MATCH GROUP INC.	27,063	27,063
MICROSOFT CORPORATION	200,178	200,178
NASDAQ INC.	15,929	15,929
NICE LTD ADR	22,683	22,683
NIKE INC. - CLASS B	74,272	74,272
OLD WESTBURY CREDIT INCOME FUND	745,765	745,765
OLD WESTBURY FIXED INCOME FUND	4,083,206	4,083,206
OLD WESTBURY LARGE CAP STRATEGIES FUND	5,579,133	5,579,133
OLD WESTBURY SMALL & MIDCAP STRATEGY FUND	1,874,986	1,874,986
PAYCOM SOFTWARE INC.	15,376	15,376
PEPSICO INC.	57,095	57,095
PIONEER NATURAL RESOURCES CO.	16,514	16,514
RENTOKIL INITIAL PLC	20,175	20,175
ROSS STORES INC.	33,773	33,773
S&P GLOBAL INC.	24,655	24,655
SAFRAN S.A.	34,859	34,859
SEA LTD ADR	39,810	39,810
SERVICENOW INC.	43,484	43,484
SS&C TECHNOLOGIES HOLDINGS INC.	13,823	13,823
STERIS PLC	25,588	25,588
SYNOPSYS INC.	34,997	34,997
TELEFLEX INC.	26,340	26,340
TENCENT HOLDINGS LTD.	49,815	49,815
TEXAS INSTRUMENTS INC.	72,217	72,217
THERMO FISHER SCIENTIFIC INC.	63,812	63,812
UNION PACIFIC CORP.	81,206	81,206
UNITEDHEALTH GROUP INC.	63,122	63,122
US FOODS HOLDING CORP.	13,491	13,491
VERISK ANALYTICS INC. - CLASS A	16,607	16,607
VISA INC.	131,238	131,238
WEST PHARMACEUTICAL SERVICES INC.	7,083	7,083
WEX INC.	25,441	25,441
WYNDHAM HOTELS & RESORTS INC.	16,643	16,643
ZOETIS INC.	48,822	48,822

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DIVIDENDS RECEIVABLE	2,280	899	899
PREPAID SOFTWARE EXPENSE	2,700	2,700	2,700
FEDERAL EXCISE TAX REFUND RECEIVABLE		14,645	14,645

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MEMBERSHIP DUES	1,000	0	1,000
INSURANCE	1,156	578	578
WEBSITE COSTS	120	0	120
OFFICE SUPPLIES & EXPENSES	2,128	1,064	1,064
SOFTWARE COSTS - GRANT MANAGEMENT SYSTEM	2,700	0	2,700
REQUIRED ADVERTISEMENT	160	0	160
BANK CHARGES	287	12	275
PAYROLL PROCESSING FEES	4,374	0	4,374

Description	Beginning of Year - Book Value	End of Year - Book Value
FEDERAL EXCISE TAX PAYABLE	11,916	0
INVESTMENT ADVISORY FEES PAYABLE	2,091	2,651
LEGAL FEES PAYABLE	5,235	0
REIMBURSABLE EXPENSES PAYABLE	0	150
TRANSITION SERVICES PAYABLE	1,000	1,620

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	30,543	30,543		0
PHILANTHROPY ADVISORS LLC TRANSITION FEES	30,600	0		30,600

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	5,955	0	0
NEW YORK STATE FILING FEE	750	0	750
FOREIGN TAX WITHHELD ON DIVIDENDS	216	216	0
PAYROLL TAXES	2,317	0	2,317