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 06-01-2020 , and ending 05-31-2021
Name of foundation
M A & L J BENNETT SCHOLARSHIP XXXXX3003
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

13-3544931
B Telephone number (see instructions)

(800) 496-2583
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$3,695,988J 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... 68,309 68,309  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 131,076
b Gross sales price for all assets on line 6a 1,241,897
7 Capital gain net income (from Part IV, line 2)... 131,076
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........ 199,385 199,385  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 39,806 23,030   16,776
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,892 1,575   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)....... Click to see attachment 250     250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,948 24,605 0 17,026
25 Contributions, gifts, grants paid....... 124,999 124,999
26 Total expenses and disbursements. Add lines 24 and 25 166,947 24,605 0 142,025
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 32,438
b Net investment income (if negative, enter -0-) 174,780
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............. 12,898 16,971 16,971
2 Savings and temporary cash investments......... 36,830 78,450 78,450
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)....... 1,684,476 Click to see attachment1,864,908 2,983,748
c Investments—corporate bonds (attach schedule)....... 645,143 Click to see attachment441,366 441,711
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 158,044 Click to see attachment168,136 175,108
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) 2,537,391 2,569,831 3,695,988
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........ 2,537,391 2,569,831
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,537,391 2,569,831
30 Total liabilities and net assets/fund balances (see instructions). 2,537,391 2,569,831
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
2,537,391
2
Enter amount from Part I, line 27a .....................
2
32,438
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2
4
Add lines 1, 2, and 3 ..........................
4
2,569,831
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
2,569,831
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 2571.383 BLACKSTONE ALT MULTI-STRAT-Y   2019-06-17 2020-06-01
b 9556.606 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070     2020-06-16
c 625.239 VANGUARD TTL INTL BND-ADM   2019-09-24 2020-06-16
d 611. ISHARES MISCI EAFE INDEX FUND     2020-07-06
e 506.824 JPMORGAN CORE BOND FUND ULTRA   2019-12-27 2020-07-06
425.03 JPMORGAN CORE BOND FUND ULTRA   2015-06-30 2020-07-06
299.037 BLACKROCK EVNT DRVN EQ-INST   2019-12-09 2020-07-15
538.582 BLACKSTONE ALT MULTI-STRAT-Y     2020-07-15
440.503 FIDELITY 500 INDEX-INST PRM   2020-06-16 2020-07-15
37. ISHARES TR 20+ TREAS INDEX FD   2019-09-24 2020-07-15
84. ISHARES MISCI EAFE INDEX FUND     2020-07-15
359.39 JPMORGAN CORE BOND FUND ULTRA     2020-07-15
706.618 LORD ABBETT SHRT DUR INC-F3   2019-12-27 2020-07-15
210.211 NEUBERGER BERMAN LONG SH-INS   2020-01-16 2020-07-15
1685.573 SIX CIRCLES US UNCONSTR EQ   2019-04-22 2020-07-15
1866.579 SIX CIRCLES US UNCONSTR EQ   2020-02-14 2020-07-15
127.307 VANGUARD TTL INTL BND-ADM   2019-09-24 2020-07-15
4432.157 JPMORGAN CORE BOND FUND ULTRA     2020-08-17
940.078 VANGUARD TTL INTL BND-ADM     2020-08-17
2436.138 JPMORGAN CORE BOND FUND ULTRA     2020-09-21
2517.038 VANGUARD TTL INTL BND-ADM     2020-09-21
139.062 VANGUARD TTL INTL BND-ADM   2019-12-30 2020-09-21
437. JPMORGAN BETABUILDERS EUROPE ETF   2020-07-06 2020-10-21
578. JPMORGAN BETABUILDERS EUROPE ETF   2020-07-06 2020-10-21
1325.204 VANGUARD TTL INTL BND-ADM   2019-02-07 2020-10-21
2526.898 JPMORGAN CORE BOND FUND ULTRA   2018-10-02 2020-11-02
2914.065 SIX CIRCLES ULTR SHRT DUR   2018-10-16 2020-11-02
1412.816 VANGUARD TTL INTL BND-ADM     2020-11-02
10779.228 PGIM HIGH YIELD-Q   2020-03-31 2020-11-09
1393. JPMORGAN BETABUILDERS EUROPE ETF     2020-12-16
256.925 FIDELITY 500 INDEX-INST PRM   2020-09-21 2021-01-25
2555.45 VANGUARD TTL INTL BND-ADM   2017-04-13 2021-01-25
312. VANGUARD INT-TERM CORPORATE   2020-11-02 2021-01-25
570.029 FIDELITY 500 INDEX-INST PRM     2021-02-12
. JPMORGAN BETABUILDERS JAPAN ETF     2021-04-15
. JPMORGAN BETABUILDERS CANADA     2021-04-15
66.672 FIDELITY 500 INDEX-INST PRM   2020-06-16 2021-04-20
152.419 FIDELITY 500 INDEX-INST PRM   2020-03-10 2021-04-20
78. ISHARES TR 20+ TREAS INDEX FD   2020-09-21 2021-04-20
121. ISHARES TR 20+ TREAS INDEX FD   2020-09-21 2021-04-20
28. ISHARES TR 20+ TREAS INDEX FD   2019-09-24 2021-04-20
930.053 SIX CIRCLES US UNCONSTR EQ   2021-02-12 2021-04-20
12909.568 LORD ABBETT HIGH YIELD-F3   2020-05-11 2021-05-19
6018.649 PGIM HIGH YIELD-Q   2020-03-31 2021-05-20
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 24,351   27,642 -3,291
b 194,381   157,227 37,154
c 14,393   14,724 -331
d 38,350   38,188 162
e 6,285   6,016 269
5,270   4,956 314
2,940   2,978 -38
5,283   5,769 -486
49,305   47,905 1,400
6,150   5,306 844
5,370   5,068 302
4,478   4,172 306
2,940   2,982 -42
3,246   3,162 84
19,974   17,277 2,697
22,119   21,914 205
2,940   2,998 -58
55,269   50,472 4,797
21,791   21,615 176
30,403   27,559 2,844
58,597   55,234 3,363
3,237   3,147 90
10,138   10,014 124
13,428   13,245 183
30,917   29,048 1,869
31,283   28,276 3,007
29,257   29,173 84
32,961   30,826 2,135
58,639   50,770 7,869
36,591   31,505 5,086
34,356   29,336 5,020
59,619   55,581 4,038
30,106   29,780 326
77,866   62,430 15,436
29     29
30     30
9,569   7,251 2,318
21,875   15,288 6,587
10,891   12,824 -1,933
16,881   19,893 -3,012
3,906   4,015 -109
14,081   13,253 828
97,080   83,654 13,426
33,343   28,348 4,995
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
      11,979
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       -3,291
b       37,154
c       -331
d       162
e       269
      314
      -38
      -486
      1,400
      844
      302
      306
      -42
      84
      2,697
      205
      -58
      4,797
      176
      2,844
      3,363
      90
      124
      183
      1,869
      3,007
      84
      2,135
      7,869
      5,086
      5,020
      4,038
      326
      15,436
      29
      30
      2,318
      6,587
      -1,933
      -3,012
      -109
      828
      13,426
      4,995
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 131,076
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 2,429
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 2,429
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 2,429
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,376
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,376
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 53
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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)
    bulletNY
    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 ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN IL1-0111CHICAGOIL ZIP+4bullet60603
    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
     
    No
    .........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
    JPMORGAN CHASE BANK NA TRUSTEE
    2     		39,806    
    10 S DEARBORN ST MC IL 1-0111
    CHICAGO,IL60603
    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
    3,196,873
    b
    Average of monthly cash balances.......................
    1b
    57,840
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,254,713
    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
    3,254,713
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    48,821
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,205,892
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    160,295
    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
    160,295
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,429
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,429
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    157,866
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    157,866
    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
    157,866
    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
    142,025
    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
    142,025
    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
    142,025
    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 7 157,866
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 105,301
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 142,025
    a Applied to 2019, but not more than line 2a 105,301
    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..... 36,724
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		121,142
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THOMAS CAWLEY NYPD EMERALD SOCIETY
    1315 LITTLE NECK AVE
    BELLMORE,NY11710
    (516) 459-0050
    NONE@NONE.COM
    bThe form in which applications should be submitted and information and materials they should include:
    NO FORMAL APPLICATION
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHILDREN OF POLICE OFFICERS
    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
    AIDAN HOROHOE
    IONA COLLEGE
    715 NORTH AVE
    NEW ROCHELLE,NY10801     		NONE I SCHOLARSHIP 3,194
    ALLISON JOYCE
    FORDHAM UNIVERSITY
    441 E FORDHAM RD
    BRONX,NY10458     		NONE I SCHOLARSHIP 6,389
    ANDREW MCGRORY
    ST JOHNS UNIVERSITY
    8000 UTOPIA PARKWAY
    QUEENS,NY11439     		NONE I SCHOLARSHIP 6,389
    BRENDAN WALSH
    SUNY MARITIME COLLEGE
    6 PENNYFIELD AVE
    BRONX,NY10465     		NONE I SCHOLARSHIP 2,500
    BRIAN MACDONALD
    LOYOLA UNIVERSITY
    820 N MICHIGAN AVE
    CHICAGO,IL60611     		NONE I SCHOLARSHIP 6,389
    BRIAN SAYRE
    MIAMI UNIVERSITY
    501 E HIGHT ST
    OXFORD,OH45056     		NONE I SCHOLARSHIP 6,389
    CHARLOTTE MARACINA
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    NASHVILLE,TN37212     		NONE I SCHOLARSHIP 6,389
    CONOR MCKEEVER
    SUNY FARMINGDALE
    2350 NY-110
    FARMINGDALE,NY11735     		NONE I SCHOLARSHIP 2,500
    CONOR SWEENEY
    MARIST COLLEGE
    3399 NORTH RD
    POUGHKEEPSIE,NY12601     		NONE I SCHOLARSHIP 6,389
    DANIEL CAWLEY
    UNIVERSITY OF DAYTON
    300 COLLEGE PARK
    DAYTON,OH45469     		NONE I SCHOLARSHIP 6,389
    JAMES MURRAY
    SUNY CORTLAND
    32 GRAHAM AVE
    CORTLAND,NY13045     		NONE I SCHOLARSHIP 2,500
    JENNIFER MULLANE
    MOUNT ST MARY COLLEGE
    330 POWELL AVE
    NEWBURGH,NY12550     		NONE I SCHOLARSHIP 3,194
    JOHN MOLLAGHAN
    UNIVERSITY OF DAYTON
    300 COLLEGE PARK
    DAYTON,OH45469     		NONE I SCHOLARSHIP 3,194
    KERRY DOWNING
    THE COLLEGE OF NEW JERSEY
    2000 PENNINGTON RD
    EWING,NJ08618     		NONE I SCHOLARSHIP 3,194
    KERRY DOWNING
    SETON HALL UNIVERSITY
    400 S ORANGE AVE
    SOUTH ORANGE,NJ07079     		NONE I SCHOLARSHIP 3,194
    KEVIN GALVIN
    SUNY STONY BROOK
    100 NICOLLS RD
    STONY BROOK,NY11794     		NONE I SCHOLARSHIP 3,194
    KEVIN GALVIN
    DOMINICAN COLLEGE
    470 WESTERN HWY S
    ORANGEBURG,NY10962     		NONE I SCHOLARSHIP -3,194
    KEVIN LAMBERT
    FLORIDA STATE UNIVERSITY
    600 W COLLEGE AVE
    TALLAHASSEE,FL32306     		NONE I SCHOLARSHIP 3,194
    MARY MULANE
    SUNY CORTLAND
    32 GRAHAM AVE
    CORTLAND,NY13045     		NONE I SCHOLARSHIP 2,500
    MARY TYRREL
    TULANE UNIVERSITY
    6823 ST CHARLES AVE
    NEW ORLEANS,LA70118     		NONE I SCHOLARSHIP 6,389
    MICHAEL MAHER
    VILLANOVA UNIVERSITY
    800 LANCASTER AVE
    VILLANOVA,PA19085     		NONE I SCHOLARSHIP 6,389
    MICHAEL MCMAHON
    STONY BROOK UNIVERSITY
    100 NICOLLS RD
    STONY BROOK,NY11794     		NONE I SCHOLARSHIP 6,389
    RORY HEANUE
    NORTHEASTERN UNIVERSITY
    360 HUNTINGTON AVE
    BOSTON,MA02115     		NONE I SCHOLARSHIP 6,389
    SAMANTHA IOCCO
    PACE UNIVERSITY
    1 PACE PLAZA
    NEW YORK,NY100381598     		NONE I SCHOLARSHIP 6,389
    SHANNON BRADY
    MARIST COLLEGE
    3399 NORTH RD
    POUGHKEEPSIE,NY12601     		NONE I SCHOLARSHIP 6,389
    SOPHIE MORELLO
    RUTGERS UNIVERSITY
    57 US HIGHWAY 1
    NEW BRUNSWICK,NJ089018554     		NONE I SCHOLARSHIP 6,389
    TAYLOR MCMAHON
    ST JOHNS UNIVERSITY
    8000 UTOPIA PARKWAY
    QUEENS,NY11439     		NONE I SCHOLARSHIP 6,389
    Total .................................bullet 3a 124,999
    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 68,309  
    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 ............     		    18 131,076  
    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)..   199,385  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    199,385
    (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 InvestmentsCorpBondsSchedule
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Name of Bond End of Year Book Value End of Year Fair Market Value
    92203J308 VANGUARD TTL INTL BN    
    4812C0100 JPM CORE BD FD - USD 26,681 28,736
    54401E143 LORD ABBETT SHRT DUR 68,469 69,427
    83002G108 SIX CIRCLES ULTR SHR    
    464287432 ISHARES 20+ YEAR TRE 36,922 36,133
    54401E218 LORD ABBETT HIGH YIE    
    74440Y884 PGIM HIGH YIELD-Q    
    46429B267 ISHARES US TREASURY 36,425 36,392
    83002G702 SIX CIRCLES GLOBAL B 139,626 137,558
    83002G884 SIX CIRCLES CREDIT O 62,123 62,549
    921937835 VANGUARD TOTAL BOND 36,298 36,491
    92206C771 VANGUARD MORTGAGE-BA 34,822 34,425

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Name of Stock End of Year Book Value End of Year Fair Market Value
    464287465 ISHARES MSCI EAFE ET 150,681 230,608
    78462F103 SPDR S&P 500 ETF TRU 548,746 1,225,677
    315911750 FIDELITY 500 INDEX-I 154,253 237,968
    48129C207 JPM GL RES ENH IDX F    
    46641Q688 JPM BTABLDRS DEV ASI    
    46641Q696 JPMORGAN BETABUILDER    
    46641Q712 JPMORGAN BETABUILDER    
    83002G306 SIX CIRCLES US UNCON 300,403 444,704
    83002G405 SIX CIRCLES INTL UNC 258,340 299,718
    315911727 FIDELITY INTL INDX-I 25,271 27,248
    46434G103 ISHARES CORE MSCI EM 62,978 75,914
    46641Q191 JPMORGAN BETABUILDER 98,238 110,533
    46641Q217 JPMORGAN BETABUILDER 114,588 136,839
    46641Q225 JPMORGAN BETABUILDER 90,934 122,203
    46641Q233 JPM BTABLDRS DEV ASI 60,476 72,336

    TY 2020 InvestmentsOtherSchedule2
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    09257V508 BLACKSTONE ALT MULTI AT COST 60,695 60,883
    09250J734 BLACKROCK EVNT DRVN AT COST 29,198 30,656
    64128R608 NEUBERGER BERMAN LON AT COST 38,748 43,452
    72201U638 PIMCO MRTG OPP & BND AT COST 39,495 40,117

    TY 2020 OtherExpensesSchedule
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY GENERAL FEE 250 0   250


    TY 2020 OtherIncreasesSchedule
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Description Amount
    ROUNDING 2


    TY 2020 TaxesSchedule
    Name:
    M A & L J BENNETT SCHOLARSHIP XXXXX3003
    EIN:
    13-3544931
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - INCOME 317 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,490 1,490   0
    FOREIGN TAXES ON NONQUALIFIED 85 85   0