Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
HOOVER FOUNDATION INCOME ACCOUNT
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

34-6510994
B Telephone number (see instructions)

(614) 331-9046
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$62,556,928
J 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... 1,058,531 1,055,572  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,431,598
b Gross sales price for all assets on line 6a 10,408,214
7 Capital gain net income (from Part IV, line 2)... 1,431,598
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........ 2,490,129 2,487,170  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 164,425 82,213   82,213
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)....... 1,200 0 0 1,200
c Other professional fees (attach schedule).... 83,902 83,902   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 5,065 5,065   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)....... 832     832
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 255,424 171,180 0 84,245
25 Contributions, gifts, grants paid....... 3,059,466 3,059,466
26 Total expenses and disbursements. Add lines 24 and 25 3,314,890 171,180 0 3,143,711
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -824,761
b Net investment income (if negative, enter -0-) 2,315,990
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   2,328 2,328
2 Savings and temporary cash investments......... 2,203,527 2,895,169 2,895,169
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) 2,804,235    
b Investments—corporate stock (attach schedule)....... 18,736,822 Click to see attachment19,862,964 44,709,140
c Investments—corporate bonds (attach schedule)....... 13,965,794 Click to see attachment14,373,581 14,700,291
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 500,000 Click to see attachment500,000 250,000
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) 38,210,378 37,634,042 62,556,928
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........ 38,210,378 37,634,042
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)..... 38,210,378 37,634,042
30 Total liabilities and net assets/fund balances (see instructions). 38,210,378 37,634,042
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
38,210,378
2
Enter amount from Part I, line 27a .....................
2
-824,761
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
255,336
4
Add lines 1, 2, and 3 ..........................
4
37,640,953
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,911
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
37,634,042
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 50000. AT&T INC 2.45% 06/30/2020-2020   2015-11-19 2020-06-01
b 50. AMAZON.COM INC   2009-07-09 2020-02-20
c 34285.75 AMGEN INC 3.875% 11/15/2021   2015-11-23 2020-03-23
d 170919.37 AMGEN INC 3.875% 11/15/2021   2015-11-23 2020-12-16
e 150000. APPLIED MATERIALS INC 2.625% 10/01/2020-   2018-04-25 2020-06-29
1000. AUTOMATIC DATA PROCESSING     2020-08-27
200000. AUTOZONE INC 4% 11/15/2020-2020   2015-11-24 2020-08-17
3000. BANK OF NEW YORK MELLON CORP/THE   2011-04-12 2020-02-20
500. BECTON DICKINSON AND CO.   2007-09-04 2020-09-18
250. BECTON DICKINSON AND CO.   2007-09-04 2020-09-24
250. BECTON DICKINSON AND CO.   2007-09-04 2020-12-01
250. BERKSHIRE HATHAWAY CL-B     2020-01-22
500. BERKSHIRE HATHAWAY CL-B     2020-08-27
100. BOEING CO   1987-08-31 2020-01-22
100. BOEING CO   1987-08-31 2020-02-20
400. BOEING CO     2020-03-13
100000. BP CAP MARKETS AMERICA 3.796% 09/21/2025   2020-02-13 2020-03-16
1000. CAPITAL ONE FINANCIAL CORP W/1   2018-04-18 2020-11-17
300000. CAPITAL ONE NA SERIES BNKT 2.95% 07/23/2     2020-06-10
2500. CARRIER GLOBAL CORP     2020-04-21
150000. CATERPILLAR FINL SVCS MTNS BE -H NT   2015-11-23 2020-11-13
150000. CHEVRON CORPORATION 2.427% 06/24/2020-20   2014-11-18 2020-06-24
2500. CISCO SYSTEMS, INC.     2020-09-24
2500. CISCO SYSTEMS, INC.     2020-11-17
100000. COLGATE PALMOLIVE CO SERIES MTN 2.3% 05/   2012-05-23 2020-12-18
1000. COMCAST CORP   2019-07-23 2020-04-21
1500. COMCAST CORP   2019-07-23 2020-07-14
2000. COMERICA INC W/1 RT/SH   2018-05-31 2020-02-20
1000. CONSOLIDATED EDISON INC COM     2020-08-27
500. CONSTELLATION BRANDS INC CL A     2020-01-22
500. CONSTELLATION BRANDS INC CL A     2020-01-22
100000. COSTCO WHOLESALE CORP 1.75% 02/15/2020   2015-04-09 2020-02-15
150000. COSTCO WHOLESALE CORP 2.15% 05/18/2021-2   2017-05-26 2020-05-28
1400. CULLEN FROST BK INC   2018-05-31 2020-02-20
200000. JOHN DEERE CAPITAL CORP SERIES MTN 1.95%   2018-02-21 2020-06-22
1000. DOLLAR TREE INC     2020-01-22
150000. DOMINION GAS HLDGS LLC 2.8% 11/15/2020-2   2015-11-24 2020-11-15
250. ECOLAB INC   2019-09-27 2020-08-27
150000. ENTERPRISE PRODUCTS OPERATING LP   2018-03-06 2020-03-16
1000. EXXON MOBIL CORP COM   2003-12-09 2020-09-18
150000. FHLMC 1.35% 04/28/2020-2017   2016-04-20 2020-04-28
150000. FREDDIE MAC SERIES 0002 2% 07/27/2021-20   2017-09-28 2020-01-27
150000. FEDERAL NATIONAL MORTGAGE ASSOC DATED 12   2012-12-11 2020-06-26
5000. HP INC     2020-04-15
100. HOME DEPOT INC.   2004-01-21 2020-02-20
2000. INTEL CORP.     2020-08-27
2000. INTEL CORP.   1998-03-05 2020-11-17
150000. INTERCONTINENTAL EXCHANGE 2.75% 12/01/20   2016-04-21 2020-06-25
2500. ISHARES MSCI EMERGING MARKETS ETF   2019-04-25 2020-02-03
1200. ISHARES MSCI EMERGING MARKETS ETF   2014-01-15 2020-03-31
5500. ISHARES MSCI EAFE INDEX FUND     2020-03-31
750. ISHARES RUSSELL MID-CAP ETF   2017-03-17 2020-07-14
750. ISHARES S & P MIDCAP 400   2019-04-25 2020-03-03
4500. ISHARES RUSSELL 2000     2020-04-15
1000. ISHARES S & P SMALLCAP 600   2013-10-15 2020-07-14
150000. JP MORGAN CHASE & CO 2.55% 10/29/2020-20   2016-04-19 2020-09-29
150000. KEYCORP 2.9% 09/15/2020   2018-04-19 2020-09-15
100000. MARSH & MCLENNAN COS INC 2.35% 03/06/202   2015-04-14 2020-03-06
250. MCCORMICK & CO INC COM NON VTG   2019-03-14 2020-04-21
100000. MICROSOFT CORP 1.85% 02/12/2020-2020   2015-04-09 2020-01-13
150000. MICROSOFT CORP 1.85% 02/12/2020-2020   2015-02-11 2020-01-13
100000. MORGAN STANLEY V/R 3.07563% 01/27/2020   2015-12-04 2020-01-27
1250. OTIS WORLDWIDE CORP     2020-04-21
500. PNC FINANCIAL CORP     2020-08-27
250. PEPSICO INC   2000-10-12 2020-08-27
150000. PRAXAIR INC 3% 09/01/2021   2015-11-24 2020-12-15
150000. PROGRESS ENERGY INC 4.4% 01/15/2021   2015-11-24 2020-10-29
500. RAYTHEON TECHNOLOGIES CORP   2002-03-14 2020-09-18
1000. ROSS STORES INC   2017-11-16 2020-07-14
12117.75 T. ROWE PRICE MID CAP VALUE FUND     2020-03-03
150000. ROYAL BK CDA GLOBAL MEDIUM TERM   2015-03-02 2020-03-06
150000. SHELL INTERNATIONAL FINANCE 2.25% 11/10/   2015-11-23 2020-11-10
1200. SQUARE INC     2020-03-13
1000. TEXAS INSTRUMENTS INC.     2020-11-17
750. THERMO ELECTRON CORP W/1 RT/SH   2008-06-10 2020-04-21
150000. US T-NOTES 2.25% 02/29/2020   2018-02-26 2020-02-29
100000. US T-NOTES 2.875% 10/31/2020   2018-11-06 2020-10-31
100000. US T-NOTES 2.5% 12/31/2020   2019-01-11 2020-12-31
150000. US T-NOTES 1.375% 05/31/2020   2015-04-16 2020-05-31
100000. US TREASURY NOTE 1.875% 06/30/20   2015-06-24 2020-06-30
150000. UNITED STATES TREASURY 1.625% 07/31/202   2015-09-11 2020-07-31
400000. US T-NOTES 2.625% 07/31/2020   2019-03-05 2020-07-31
2911.49 VANGUARD SMALL-CAP VALUE INDEX FUND   2015-04-15 2020-03-03
2307.34 VANGUARD SMALL-CAP GROWTH INDEX FUND   2006-10-19 2020-03-03
1000. VERIZON COMMUNICATIONS   2002-11-07 2020-09-18
.79 VIATRIS INC   1989-04-04 2020-12-08
100000. XCEL ENERGY INC 2.6% 03/15/2022-2022   2019-04-11 2020-12-01
CAPITAL GAIN DIVIDENDS P    
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(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 50,000   49,642 358
b 107,578   3,914 103,664
c 34,286   36,132 -1,846
d 170,919   174,638 -3,719
e 150,903   148,803 2,100
140,054   133,462 6,592
200,000   212,502 -12,502
137,806   90,158 47,648
113,634   38,550 75,084
55,083   19,275 35,808
59,106   19,275 39,831
57,289   35,858 21,431
107,866   68,351 39,515
30,456   1,174 29,282
33,754   1,174 32,580
67,331   4,696 62,635
101,263   109,314 -8,051
87,428   97,570 -10,142
306,435   300,965 5,470
36,850   11,016 25,834
150,000   150,816 -816
150,000   151,205 -1,205
94,348   32,768 61,580
104,698   25,708 78,990
102,877   100,350 2,527
35,569   44,410 -8,841
61,319   66,614 -5,295
127,707   189,495 -61,788
71,296   77,686 -6,390
96,049   100,570 -4,521
96,049   88,466 7,583
100,000   100,027 -27
152,502   150,576 1,926
131,278   160,295 -29,017
200,000   196,756 3,244
90,522   90,276 246
150,000   150,362 -362
49,477   49,597 -120
144,827   149,663 -4,836
37,220   37,740 -520
150,000   150,000  
150,000   150,075 -75
150,000   149,925 75
75,000   108,640 -33,640
24,381   3,520 20,861
98,809   39,008 59,801
91,279   38,219 53,060
151,260   154,361 -3,101
106,223   109,150 -2,927
40,841   48,305 -7,464
291,770   303,500 -11,730
40,319   35,365 4,954
142,594   146,783 -4,189
527,660   472,267 55,393
67,149   50,465 16,684
150,000   152,171 -2,171
150,000   149,217 783
100,000   101,264 -1,264
37,770   34,834 2,936
100,000   101,041 -1,041
150,000   150,288 -288
100,000   100,580 -580
57,628   22,228 35,400
55,040   31,790 23,250
34,825   11,812 23,013
152,929   155,633 -2,704
150,000   159,257 -9,257
31,279   11,522 19,757
80,999   65,539 15,460
306,094   174,078 132,016
150,000   149,942 58
150,000   149,372 628
64,332   71,587 -7,255
155,444   34,229 121,215
238,692   43,683 195,009
150,000   150,088 -88
100,000   99,902 98
100,000   99,918 82
150,000   150,293 -293
100,000   100,844 -844
150,000   150,785 -785
400,000   401,174 -1,174
150,000   138,703 11,297
150,000   51,660 98,340
60,314   34,429 25,885
14   1 13
102,810   99,320 3,490
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
      78,980
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       358
b       103,664
c       -1,846
d       -3,719
e       2,100
      6,592
      -12,502
      47,648
      75,084
      35,808
      39,831
      21,431
      39,515
      29,282
      32,580
      62,635
      -8,051
      -10,142
      5,470
      25,834
      -816
      -1,205
      61,580
      78,990
      2,527
      -8,841
      -5,295
      -61,788
      -6,390
      -4,521
      7,583
      -27
      1,926
      -29,017
      3,244
      246
      -362
      -120
      -4,836
      -520
       
      -75
      75
      -33,640
      20,861
      59,801
      53,060
      -3,101
      -2,927
      -7,464
      -11,730
      4,954
      -4,189
      55,393
      16,684
      -2,171
      783
      -1,264
      2,936
      -1,041
      -288
      -580
      35,400
      23,250
      23,013
      -2,704
      -9,257
      19,757
      15,460
      132,016
      58
      628
      -7,255
      121,215
      195,009
      -88
      98
      82
      -293
      -844
      -785
      -1,174
      11,297
      98,340
      25,885
      13
      3,490
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 1,431,598
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 32,192
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 32,192
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 32,192
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 19,804
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,928
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,732
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 178
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 362
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet362 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)
    bulletOH
    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 .Click to see attachment
    8b
     
    No
    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 ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (614) 331-9046

    Located atbulletPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4bullet43216
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HUNTINGTON NATIONAL BANK TRUSTEE
    4
    164,425    
    PO Box 1558 Dept EA5W86
    Columbus,OH43216
    LAWRENCE R HOOVER CHAIRPERSON
    4
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY D SCHILTZ COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    CHARLES H HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY R HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TERRY A MOORE COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    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
    53,542,061
    b
    Average of monthly cash balances.......................
    1b
    2,678,186
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    56,220,247
    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
    56,220,247
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    843,304
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    55,376,943
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,768,847
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,768,847
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    32,192
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,192
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,736,655
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,736,655
    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
    2,736,655
    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
    3,143,711
    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
    3,143,711
    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
    3,143,711
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 2,736,655
    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...... 189,082
    b From 2016...... 162,603
    c From 2017...... 228,167
    d From 2018...... 292,428
    e From 2019...... 314,214
    fTotal of lines 3a through e........ 1,186,494
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,143,711
    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..... 2,736,655
    e Remaining amount distributed out of corpus 407,056
    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 1,593,550
    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) ...
    189,082
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    1,404,468
    10 Analysis of line 9:
    a Excess from 2016.... 162,603
    b Excess from 2017.... 228,167
    c Excess from 2018.... 292,428
    d Excess from 2019.... 314,214
    e Excess from 2020.... 407,056
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAWRENCE HOOVER
    400 MARKET AVE N STE 210
    CANTON,OH44702
    (330) 580-2568
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING AMOUNT AND PURPOSE FOR WHICH GRANT IS REQUESTED.
    cAny submission deadlines:
    NONE THE FOUNDATION MAKES GIFTS AND GRANTS PRINCIPALLY TO PUBLIC-SUPPORTED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    COMMUNITY FUNDS, HOSPITALS AND HEALTH AGENCIES,COLLEGES AND COMMUNITY ORGANIZATIONS. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS.
    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
    SEE ATTACHED
    SEE ATTACHED
    SEE ATTACHED,NY11111
    NONE PC GENERAL OPERATING 3,059,466
    Total .................................bullet 3a 3,059,466
    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 1,058,531  
    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 1,431,598  
    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)..   2,490,129  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,490,129
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,200     1,200

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Statement:
    The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NY MELLON 2.2% 5-15-19    
    BANK NOVA SCOTIA NY 2.8% 7-21-    
    CISCO SYSTEMS 2.125% 3-1-19    
    COLGATE PALMOLIVE 2.3% 5-3-22    
    CRANE CO 2.75% 12/15/18    
    JDEERE CAP CORP 1.95% 12/13/18    
    EMERSON ELEC CO 2.625% 12-1-21    
    FFCB 3.375% 12-27-18    
    FNMA 1.2% 4-17-19    
    FNMA 1.35% 6-26-20    
    GOLDMAN SACHS 2.55% 10-23-19    
    HCP INC 2.625% 2-1-20    
    HOME DEPOT 2.7% 4-1-23    
    I SHARES TIPS BOND    
    MANUF & TRADERS TR 2.25% 7-25-    
    MERCK & CO 2.35% 2-10-22    
    MICROSOFT 1-2008 27.51.85% 2-1    
    MOTOROLA SOLUTIONS 3.5% 9-1-21    
    PEPSICO INC 2.75% 3-1-23    
    RALPH LAUREN CORP 2.125% 9-26-    
    ROYAL BK OF CANADA 2.15% 3-6-2    
    STARBUCKS CORP 2% 12-5-18    
    TENNESSEE VALLEY AUTH 1.75% 10    
    WISCONSIN ELECTRIC PWR 2.95% 9    
    XILINX 2.125% 3-15-19    
    AT&T INC 3% 2/15/22    
    ABBOTT LABS 2.55% 3/15/22    
    AMGEN INC 3.875% 11/15/21    
    ANHEUSER-BUSCH INEV WOR 2.5% 7    
    APPLE INC 2.85% 5/6/21    
    AUTOZONE INC 4% 11/15/20    
    CVS HEALTH CORP 3.5% 7/20/22    
    CAPITAL ONE NS 2.95% 7/23/21    
    CATERPILLAR FINL SVCS 2.55 11/    
    CHEVRON CORP 2.427% 6/24/20    
    COSTCO WHOLESALE CORP 1.75% 2/    
    DOMINION GAS HLDGS LLC 2.8% 11    
    EXXON MOBIL CORP 1.819% 3/15/1    
    FIFTH THIRD BANCORP 3.5% 3/15/    
    GENERAL ELEC CAP CORP 4.375% 9    
    GOLDMAN SACHS GRP 1.6386% 10/2    
    INTEL CORP 3.3% 10/1/21    
    ISHARES MBS ETF    
    JPMORGAN CHASE 3.25% 9/23/22    
    JOHNSON & JOHNSON 1.85% 12/5/1    
    ELI LILLY & CO 1.95% 3/15/19    
    LOWES COM INC 3.12% 4/15/22    
    MARSH & MCLENNAN COS INC 2.35%    
    MCDONALDS CORP 2.625% 1/15/22    
    MORGAN STANLEY V/R 2.51446%    
    ORACLE CORP 2.375% 1/15/19    
    PHILIP MORRIS INTL 2.9% 11/15/    
    PRAXAIR INC 3% 9/1/21    
    PROGRESS ENERGY INC 4.4% 1/15/    
    SHELL INTL FINANCE 2.25% 11/10    
    TOYOTA MOTOR CREDIT 2.75% 5/1    
    UNITEDHEALTH GROUP INC 2.875%    
    VERIZON COMMUNICATIONS 3.5% 11    
    WAL-MART STORES INC 1.95% 12/1    
    WELLS FARGO & CO 3.5% 3/8/22    
    AT&T 2.45% 6-30-20    
    AMAZON.COM 3.3% 12-5-21    
    JP MORGAN CHASE & CO 2.55%    
    FHLB 2.125% 6/10/22    
    FHLMC 2% 6/19/23    
    FHLMC 1/35% 4/28/20    
    FNMA 1.375% 2/26/21    
    INTERCONTINENTAL EXCHANGE 2.75    
    ORACLE CORP 2.8%    
    WELLS FARGO & CO 2.125%    
    BB&T CORP SER MTN    
    APPLE INC 2.4% 5/3/23    
    FREDDIE MAC SERIES 2%    
    FRANKLIN RESOURCES 2.8% 9/15/2    
    INTEL CORP 2.7% 12/15/22    
    IBM CORP 2.875% 11/9/22    
    PRECISION CASTPARTS CORP 2.5%    
    ROSS STORES INC 3.375%    
    PUBLIC SERVICE CO OF COLO 2.25    
    MORGAN STANLEY SERIES MTN 6.2%    
    COSTCO WHOLESALE CORP 2.15%    
    AFLAC INC 3.625% 11-15-24    
    AMGEN INC 3.625% 5-15-22    
    APPLIED MATERIALS INC 2.625%    
    BANK OF AMERICA CORP 4%    
    BIOGEN INC 3.625% 9-15-22    
    CA UNC 3.6% 8/15/22    
    CAPITAL ONE FINANCIAL 3.5&    
    CATERPILLAR FINL SVCS CORP    
    CELGENE CORP 2.75%    
    CITIBANK NA 1.85%    
    COMERICA INC 3.7%    
    DISCOVER BANK 3.35%    
    EBAY INC 3.8% 3-9-22    
    ELECTRONIC ARTS INC 3.7%    
    ENTERPRISE PRODUCTS OPER 3.35%    
    KEYCORP SERIES MTN 2.9%    
    MICROSOFT CORP 1.85%    
    MORGAN STANLEY 3.7%    
    TEXTRON INC 3.65% 3-1-21    
    CITIGROUP INC 2.7% 3-30-21    
    VISA INC 2.8% 12-14-22    
    AVALONBAY COMMUNITIES INC SERI    
    BANK OF NY MELLON CORP SERIES    
    BRISTOL-MYERS SQUIBB CO PRIVAT    
    CARLISLE COS INC 3.5% 12/01/20    
    CITIGROUP INC 2.9% 12/08/2021-    
    EVERSOURCE ENERGY SERIES L 2.9    
    JB HUNT TRANS SVCS 3.3% 08/15/    
    BERKSHIRE HATHAWAY ENERG 3.75%    
    NVR INC 3.95% 09/15/2022    
    NEXTERA ENERGY CAPITAL 3.625%    
    NUCOR CORP 4% 08/01/2023-2023    
    PAYPAL HOLDINGS INC 2.4% 10/01    
    XCEL ENERGY INC 2.6% 03/15/202    
    AMERICAN EXPRESS 2.5% 08/01/20    
    PUBLIC SERVICE ENTERPRISE GP 2    
    UNITEDHEALTH GROUP INC 2.875%    
    VISA INC 2.8% 12/14/2022-2022    
    IBM CREDIT LLC 2.65% 02/05/202    
    ISHARES TIPS BOND ETF    
    037833AK6 APPLE INC 2.400% 05/ 149,315 157,266
    05348EAR0 AVALONBAY COMMUNITIE 102,270 104,500
    744448CF6 PUBLIC SERVICE CO OF 97,385 102,329
    25466AAK7 DISCOVER BANK 3.35% 148,733 158,188
    91324PCH3 UNITEDHEALTH GROUP I 203,022 205,007
    92826CAC6 VISA INC DTD 12/14/2 201,730 209,226
    80283LAX1 SANTANDER UK PLC 2.8 207,814 213,893
    70450YAC7 PAYPAL HOLDINGS INC 151,035 160,294
    06747Q3B1 BARCLAYS BANK PLC SE 150,000 150,247
    912828VB3 US TREASURY NOTE 1.7 191,305 207,563
    912828Z94 US TREASURY N/B 1.5% 537,090 528,750
    025816BM0 AMERICAN EXPRESS 2.5 196,228 206,482
    037833DN7 APPLE INC 2.05% 09/1 160,230 160,211
    718172AL3 PHILIP MORRIS INTL I 102,702 102,309
    89236TBJ3 TOYOTA MOTOR CREDIT 253,408 252,227
    437076AZ5 THE HOME DEPOT, INC. 92,837 104,880
    86562MBV1 SUMITOMO MITSUI 2.34 202,834 211,995
    713448CG1 PEPSICO INC SR GLBL 99,952 105,415
    778296AA1 ROSS STORES INC 3.37 154,601 160,464
    91324PCC4 UNITEDHEALTH GROUP I 102,642 105,619
    912828PP9 UNITED STATES TREASU 171,380 178,520
    912828X47 US TREASURY N/B 1.87 194,570 204,625
    46625HJE1 JPMORGAN CHASE & CO 202,376 210,125
    58013MEM2 MCDONALDS CORP MTN D 101,662 102,391
    61746BED4 MORGAN STANLEY SERIE 198,524 203,876
    747525AU7 QUALCOMM INC 3.25% 0 215,660 226,530
    29736RAN0 ESTEE LAUDER CO 2% 1 158,339 158,277
    94974BFC9 WELLS FARGO & CO. 3. 207,844 207,438
    61761JVL0 MORGAN STANLEY 3.700 149,600 166,994
    670346AM7 NUCOR CORP 4% 08/01/ 101,592 108,075
    883203BT7 TEXTRON INC 3.65% 03 150,968 150,710
    78015K7H1 ROYAL BANK OF CANADA 152,886 152,858
    912828TY6 US TREASURY NOTE 1.6 100,691 102,781
    3135G0J20 FNMA 1.375% 02/26/20 149,830 150,279
    65339KAG5 NEXTERA ENERGY CAPIT 99,781 106,755
    91159HHX1 US BANCORP 2.4% 07/3 157,380 159,591
    976656CD8 WISCONSIN ELECTRIC P 153,356 151,694
    001055AM4 AFLAC INC 99,424 111,874
    912828F96 US TREASURY N/B 2% 1 99,840 101,547
    037833AR1 APPLE INC NOTE DTD 0 252,078 252,241
    458140AJ9 INTEL CORP 3.300% 10 209,702 204,428
    14913Q3B3 CATERPILLAR FINL SER 152,535 159,152
    172967LC3 CITIGROUP INC 2.9% 1 101,697 102,119
    285512AC3 ELECTRONIC ARTS INC 152,198 150,260
    354613AJ0 FRANKLIN RESOURCES I 152,198 156,174
    58933YAQ8 MERCK & CO INC NEW 2 149,342 153,377
    59562VAY3 BERKSHIRE HATHAWAY E 105,890 108,483
    89114RXN1 TORONTO-DOMINION BAN 149,775 149,265
    912828P79 US TREASURY N/B 1.5% 99,621 102,938
    912828Q37 US TREASURY N/B 1.25 150,123 150,398
    06406RAG2 BANK OF NY MELLON CO 104,949 107,086
    110122CY2 BRISTOL-MYERS SQUIBB 97,893 104,733
    12673PAH8 CA INC 3.6% 08/15/20 99,296 102,957
    200340AS6 COMERICA INC 3.7% 07 100,586 107,952
    291011BF0 EMERSON ELECTRIC CO 175,525 178,409
    438516CC8 HONEYWELL INTERNATIO 200,394 200,291
    458140AM2 INTEL CORP 2.700% 12 203,932 209,402
    62944TAE5 NVR INC 156,773 157,516
    68389XBA2 ORACLE CORP 157,305 151,977
    064159FL5 BANK OF NOVA SCOTIA 152,226 152,060
    9128286H8 US TREASURY 2.375% 0 149,771 154,031
    9128285M8 US T-NOTES 3.125% 11 600,996 591,719
    912828T91 US TREASURY N/B 1.62 149,748 156,234
    313379Q69 FHLB 2.125% 06/10/20 103,269 102,849
    023135AM8 AMAZON.COM CALLABLE 101,606 102,224
    126650CK4 CVS HEALTH CORP CALL 205,492 208,732
    740189AG0 PRECISION CASTPARTS 150,687 155,993
    744573AK2 PUBLIC SERVICE ENTER 98,157 101,198
    3134G3Z52 FHLMC 2% 06/19/2023- 101,690 104,494
    031162BN9 AMGEN INC CALLABLE 3 151,181 155,440
    002824BA7 ABBOTT LABS 2.55% 03 100,460 102,748
    316773CL2 FIFTH THIRD BANCORP 154,115 155,358
    548661CW5 LOWES COS INC NOTE D 154,416 154,229
    09062XAE3 BIOGEN INC 99,900 105,491
    14040HBD6 CAPITAL ONE FINANCIA 97,855 106,988
    24422EVG1 JOHN DEERE CAPITAL C 150,525 150,752
    30040WAD0 EVERSOURCE ENERGY SE 102,000 107,864
    459200JC6 IBM CORP 2.875% 11/0 153,788 157,281
    69371RQ90 PACCAR FINANCIAL COR 149,996 150,009
    9128284N7 US TREASURY N/B 2.87 552,802 550,184
    9128283U2 US TREASURY N/B 2.37 99,281 104,625
    9128284S6 US TREASURY N/B 2.75 149,338 159,375
    912828M56 UNITED STATES TREASU 97,660 109,219
    06051GFF1 BANK AMER CORP 101,686 110,734
    912828Y95 US TREASURY N/B 1.87 97,084 97,144
    172967KK6 CITIGROUP INC 2.7% 0 200,172 201,137
    44932HAG8 IBM CREDIT LLC 2.65% 199,240 200,420
    142339AG5 CARLISLE COS INC 3.5 103,237 109,353
    278642AN3 EBAY INC 3.8% 03/09/ 152,550 155,526
    445658CE5 JB HUNT TRANS SVCS 3 150,005 155,917

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC    
    ABBOT LABORATORIES    
    ABBVIE INC    
    ADOBE SYSTEMS INC    
    ALPHABET INC CL C    
    AMERICAN CENTURY HERITAGE    
    APPLE INC    
    ARTISAN INTL VALUE FD INVEST C    
    BAXTER INTL INC    
    BECTON DICKINSON    
    BERKSHIRE HATHAWAY INC CL B    
    BLACKROCK INC    
    CVS HEALTH CORP    
    CATERPILLAR INC    
    CHUBB CORP W/1 RT/SH    
    CHURCH & DWIGHT    
    CISCO SYSTEMS    
    COCOA COLA CO    
    COGNIZANT TECH SOLUTIONS    
    COLGATE PALMOLIVE    
    COMCAST CORP CL A    
    COSTCO WHOLESALE CORP    
    DFA EMERG MKTS CORE EQTY PORT    
    DFA US SM CAP VALUE PORT    
    DEERE & CO    
    WALT DISNEY CO    
    DOMINION RESOURCES INC    
    DUKE ENERGY CORP    
    EATON VANCE ATLANTA    
    EXXON MOBIL CORP    
    FACEBOOK INC A    
    FEDEX CORP    
    GILEAD SCIENCES INC    
    GOLDMAN SACHS    
    HALLIBURTON CO    
    INTEL CORP    
    INTERNATIONAL PAPER CO    
    ISHARES MSCI EMERGING MKTS ETF    
    ISHARES MSCI EAFE ETF    
    ISHARES RUSSELL MID-CAP ETF    
    ISHARES RUSSELL 2000 ETF    
    ISHARES CORE S&P SMALL CAP    
    JP MORGAN CHASE & CO    
    JOHNSON & JOHNSON    
    MERCK & CO INC    
    MICROSOFT CORP    
    MONSANTO    
    NIKE INC CL B    
    NUCOR CORP    
    OCCIDENTAL PETROLEUM CORP    
    ORACLE CORP    
    PNC FINANCIAL SERVICES    
    PEPSICO INC    
    PHILIP MORRIS INTL INC    
    PRAXAIR INC    
    PROCTER & GAMBLE CO    
    PRUDENTIAL FINANCIAL INC    
    T ROWE PRICE MIDCAP VALUE FD    
    SCHLUMBERGER LTD    
    SOUTHERN CO    
    STARBUCKS CORP    
    TJX COMPANIES INC    
    TARGET CORP    
    TEXAS INSTRUMENTS INC    
    THERMO FISHER SCIENTIFIC INC    
    3M COMPANY    
    TRAVELERS COS INC    
    UNITED TECHNOLOGIES CORP    
    VF CORP    
    VALERO ENERGY CORP    
    VANGUARD SMCAP VAL INDX ADMIRA    
    VERIZON COMMUNICATIONS    
    VISA INC CL A SHARES    
    WALGREENS BOOTS ALLIANCE    
    WELLS FARGO & CO    
    ACCENTURE PLC CLA    
    MEDTRONIC PLC    
    ALLSTATE CORP    
    ALPHABET INC CL A    
    AMAZON .COM    
    AMERICAN WATER WORKS    
    AMGEN INC    
    BANK OF NY MELLON    
    BOEING CO    
    BRISTOL-MYERS SQUIBB CO    
    CHEVRON CORP    
    CINCINNATI FINL CORP    
    DODGE & COX INTL STOCK FD    
    FRANKLIN RES INC    
    HOME DEPOT INC    
    IBM CORP    
    ISHARES NASDAQ BIOTECH    
    ISHARES INTERMED CREDIT BD    
    MCDONALDS CORP    
    MONDELEZ INTL INC    
    NEXTERA ENERGY INC    
    NORTHROP GRUMMAN CORP    
    PFIZER INC    
    SHERWIN WILLIAMS CO    
    TIMKEN CO    
    UNION PACIFIC CORP    
    EATON CORP PLC    
    VANGUARD SMCAP GROW INDX    
    CROWN CASTLE INTL DORP    
    AMERICAN FDS NEW WORLD #2    
    QUALCOMM INC    
    SVB FINANCIAL GRP    
    BANK OF AMERICA CORP    
    CONOCOPHILLIPS    
    CONSTELLATION BRANDS    
    DOWDUPONT INC    
    EDWARDS LIFE SCIENCES CORP    
    EOG RESOURCES INC    
    FISERV INC    
    HONEYWELL INTL INC    
    LOCKHEED MARTIN CORP    
    MARRIOTT INTL INC NEW    
    MCCORMICK & CO INC COM NON VTG    
    OPPENHEIMER DEVELOPING MKTS    
    PRICELINE GROUP INC    
    ROSS STORES INC    
    ANTHEM INC    
    AUTOMATIC DATA PROCESSING    
    CAPITAL ONE FINANCIAL    
    O'REILLY AUTOMOTIVE INC    
    STRYKER CORP    
    COMERICA INC    
    CULLEN/FROST BANKERS INC    
    INTUIT INC    
    MASTERCARD INC CL A    
    SQUARE INC    
    ZOETIS INC 1 RT PER SH    
    AMERICAN EXPRESS    
    CONSOLIDATED EDISON INC    
    ECOLAB INC W 1 RT PER SH    
    HP INC    
    M&T BANK CORP    
    NETFLIX INC    
    PROLOGIS INC    
    UNITED HEALTH GROUP    
    DOLLAR TREE INC    
    DANAHER CORP    
    ISHARES CORE S&P MID-CAP    
    INTUITIVE SURGICAL INC    
    WAL-MART STORES INC    
    ANALOG DEVICES INC    
    WEC ENERGY GROUP INC    
    461202103 INTUIT INC 120,603 227,910
    02079K305 ALPHABET INCORPORATI 283,088 525,792
    030420103 AMERICAN WATER WORKS 34,929 153,470
    00507V109 ACTIVISION BLIZZARD 71,995 92,850
    00724F101 ADOBE SYS INC 17,820 750,180
    166764100 CHEVRON CORP 72,367 291,353
    253868103 DIGITAL REALTY TRUST 144,362 139,510
    46625H100 JPMORGAN CHASE CO 287,226 667,118
    579780206 MCCORMICK INC/MD 75,113 143,400
    65339F101 NEXTERA ENERGY INC 138,069 540,050
    67103H107 O'REILLY AUTOMOTIVE 60,259 90,514
    773903109 ROCKWELL AUTOMATION 58,333 62,703
    61756E461 MORGAN STANLEY INSTI 75,000 86,330
    57636Q104 MASTERCARD INC CLASS 231,021 428,328
    G29183103 EATON CORP PLC 129,138 300,350
    464288588 ISHARES MBS ETF 492,098 495,585
    464288661 ISHARES 3-7 YEAR TRE 204,376 212,768
    464287499 ISHARES RUSSELL MID- 542,937 908,288
    031162100 AMGEN INC 58,860 229,920
    037833100 APPLE INC 344,894 2,056,695
    071813109 BAXTER INTERNATIONAL 67,118 200,600
    097023105 BOEING CO/THE 102,584 160,545
    20825C104 CONOCOPHILLIPS 56,175 39,990
    22160K105 COSTCO WHOLESALE COR 179,799 470,975
    254687106 WALT DISNEY CO/THE 165,510 779,074
    278865100 ECOLAB INC 72,997 108,180
    30303M102 FACEBOOK INC CL-A 122,289 341,450
    452308109 ILLINOIS TOOL WORKS 48,273 50,970
    539830109 LOCKHEED MARTIN CORP 109,389 124,243
    58933Y105 MERCK CO INC 101,245 286,300
    75513E101 RAYTHEON TECHNOLOGIE 41,746 143,020
    872540109 TJX COS INC/THE 7,751 68,290
    882508104 TEXAS INSTRUMENTS IN 88,070 492,390
    883556102 THERMO FISHER SCIENT 58,244 465,780
    550021109 LULULEMON ATHLETICA 50,181 87,008
    277902698 E V ATLANTA CAP SMID 500,000 797,750
    717081103 PFIZER INC 22,929 368,100
    92532F100 VERTEX PHARMACEUTICA 108,878 118,170
    92556V106 VIATRIS INC 1,264 23,238
    46432F842 ISHARES CORE MSCI EA 287,489 400,722
    032654105 ANALOG DEVICES INC 115,615 147,730
    532457108 ELI LILLY CO 153,723 168,840
    55261F104 MT BANK CORP 131,206 127,300
    824348106 SHERWIN WILLIAMS CO 107,389 698,165
    92343V104 VERIZON COMMUNICATIO 176,446 352,500
    92939U106 WEC ENERGY GROUP INC 47,840 46,015
    00143W859 INVESCO OPPENHEIMER 425,000 505,264
    04314H667 ARTISAN INTERNATIONA 500,000 586,748
    580135101 MCDONALD S CORP 50,540 600,824
    464287507 ISHARES CORE SP MID- 1,054,435 1,723,725
    464287556 ISHARES NASDAQ BIOTE 67,313 378,725
    464287465 ISHARES MSCI EAFE ET 1,234,572 1,459,200
    020002101 ALLSTATE CORP/THE 11,508 109,930
    17275R102 CISCO SYSTEMS INC 214,677 358,000
    22822V101 CROWN CASTLE INTERNA 202,835 278,583
    28176E108 EDWARDS LIFESCIENCES 103,432 273,690
    30231G102 EXXON MOBIL CORP 65,398 140,148
    87612E106 TARGET CORP 82,445 176,530
    88160R101 TESLA MOTORS INC 153,947 246,985
    89417E109 TRAVELERS COS INC/TH 51,617 140,370
    464287234 ISHARES MSCI EMERGIN 497,364 620,040
    464287804 ISHARES CORE SP SMAL 508,262 919,000
    149123101 CATERPILLAR INC 11,179 364,040
    437076102 HOME DEPOT INC/THE 119,680 903,108
    458140100 INTEL CORP 7,500 298,920
    007903107 ADVANCED MICRO DEVIC 144,163 183,420
    025816109 AMERICAN EXPRESS CO 106,130 120,910
    14040H105 CAPITAL ONE FINANCIA 88,918 98,850
    244199105 DEERE CO 40,255 269,050
    46120E602 INTUITIVE SURGICAL I 378,957 613,575
    478160104 JOHNSON JOHNSON 106,314 314,760
    512807108 LAM RESEARCH CORP 169,172 236,135
    742718109 PROCTER GAMBLE CO/T 170,211 191,318
    855244109 STARBUCKS CORP 53,773 267,450
    921937710 VANGUARD SMALL-CAP G 388,337 1,642,064
    256206103 DODGE COX INTERNATI 450,000 443,752
    26441C204 DUKE ENERGY CORP 47,110 91,560
    666807102 NORTHROP GRUMMAN COR 183,477 396,136
    67066G104 NVIDIA CORP 210,189 417,760
    701094104 PARKER-HANNIFIN CORP 59,328 68,103
    871829107 SYSCO CORP 75,923 111,390
    91324P102 UNITEDHEALTH GROUP I 250,563 350,680
    918204108 V F CORPORATION 13,246 85,410
    92826C839 VISA INC 227,704 546,825
    G1151C101 ACCENTURE LTD CLASS 49,199 261,210
    921937686 VANGUARD SMALL-CAP V 561,297 798,898
    806857108 SCHLUMBERGER NV 29,430 87,320
    464287176 ISHARES TIPS BOND ET 604,900 765,900
    235851102 DANAHER CORP 148,974 333,210
    02079K107 ALPHABET INCORPORATI 132,913 525,564
    023135106 AMAZON COM INC 379,202 2,198,428
    09247X101 BLACKROCK INC 199,700 360,770
    337738108 FISERV INC 182,962 284,650
    438516106 HONEYWELL INTERNATIO 70,668 106,350
    654106103 NIKE INC 65,689 565,880
    713448108 PEPSICO INC 144,611 481,975
    74340W103 PROLOGIS INC 195,468 269,082
    863667101 STRYKER CORP 79,407 122,520
    H1467J104 CHUBB LIMITED 111,080 153,920
    649280815 AMERICAN FUNDS - NEW 350,000 555,314
    98978V103 ZOETIS INC 117,864 231,700
    46434G103 ISHARES CORE MSCI EM 48,566 74,448
    110122108 BRISTOL-MYERS SQUIBB 25,475 155,075
    002824100 ABBOTT LABORATORIES 35,796 164,235
    594918104 MICROSOFT CORP 325,059 2,224,200
    842587107 SOUTHERN CO/THE 27,231 76,788
    91913Y100 VALERO ENERGY CORP 42,812 113,140
    931142103 WAL MART STORES INC 101,804 144,150
    887389104 TIMKEN CO/THE 54,993 355,856
    907818108 UNION PACIFIC CORP 21,184 312,330
    464288638 ISHARES INTERMEDIATE 602,062 679,690
    060505104 BANK OF AMERICA CORP 262,506 303,100

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STARK BOARD OF TRADE LLC AT COST 500,000 250,000

    TY 2020 OtherDecreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    PURCHASE OF ACCRUED INTEREST 2,261
    COST BASIS ADJ 4,650


    TY 2020 OtherExpensesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 632 0   632
    STATE FILING/TAX PAYMENT 200 0   200


    TY 2020 OtherIncreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    MUTUAL FUND TIMING ADJ 11,578
    PY PENDING SALES ADJ 243,758


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 83,902 83,902    


    TY 2020 TaxesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,521 4,521   0
    FOREIGN TAXES ON NONQUALIFIED 544 544   0