TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 08-01-2020 , and ending 07-31-2021

Name of foundation
CARNAHAN-JACKSON FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)800 STATE STREET SUITE 500
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ERIE, PA16501

A Employer identification number

16-6151608

B Telephone number (see instructions)

(814) 871-5959

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$13,701,429J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	289,498		281,090
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		680,224
b	Gross sales price for all assets on line 6a 1,983,286
7	Capital gain net income (from Part IV, line 2)...			680,224
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).......		1,828
12	Total. Add lines 1 through 11........	971,550		961,314
13	Compensation of officers, directors, trustees, etc.	28,402		14,201		14,201
14	Other employee salaries and wages......	38,995		0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		650	650	0	0
c	Other professional fees (attach schedule)....		19,723	19,723		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		45,568	4,735		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).......		12,297
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	145,635		39,309	0	14,201
25	Contributions, gifts, grants paid.......	551,290				551,290
26	Total expenses and disbursements. Add lines 24 and 25	696,925		39,309	0	565,491
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	274,625
b	Net investment income (if negative, enter -0-)			922,005
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	350,431	616,072	616,072
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	6,464,543	6,051,775	9,869,531
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,667,230	3,067,628	3,167,947
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	28,374	47,879	47,879
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,510,578	9,783,354	13,701,429
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	9,510,578	9,783,354
	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).....	9,510,578	9,783,354
	30	Total liabilities and net assets/fund balances (see instructions).	9,510,578	9,783,354

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

9,510,578

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

274,625

Other increases not included in line 2 (itemize) bullet

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

9,785,204

Decreases not included in line 2 (itemize) bullet

1,850

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

9,783,354

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	75000. DISCOVER BANK CD 2.750% DUE 08/03/2020		2018-07-24	2020-08-03
b	70000. SAIC INC GTD SR NT 4.450% 12/01/2020		2012-02-14	2020-09-02
c	75000. GENERAL ELECTRIC CAP CORP 4.375%		2012-02-13	2020-09-16
d	70000. WILDWOOD N J GEN IMPT BDS 4.000% 11/01/2020		2012-02-14	2020-11-01
e	3390.29 BARON SMALL CAP INSTL			2020-12-01
	2018.843 WILLIAM BLAIR INTL GROWTH CLASS N			2020-12-01
	5344.735 WILLIAM BLAIR INTL GROWTH CLASS N		2012-02-13	2020-12-07
	439. DIAGEO PLC ADS		2012-02-09	2020-12-07
	3274.642 DODGE & COX INTERNATIONAL STOCK FUND			2020-12-07
	119.023 DODGE & COX INTERNATIONAL STOCK FUND		2017-12-20	2020-12-07
	39000. GOLDMAN SACHS GROUP INC. 2.645% DUE 03/18/2021		2015-12-09	2021-03-18
	40000. VIACOM INC NEW BOND CALL 3.250% DUE 03/15/2023		2019-11-26	2021-03-29
	20000. BANK OF AMERICA CORP MTN 3.862% DUE 03/31/2021		2015-12-09	2021-03-31
	70000. JPMORGAN CHASE & CO. 2.486% DUE 05/31/2021		2015-12-09	2021-05-31
	60000. LABORATORY CORP AMERHLDGS 3.200% DUE 02/01/2022		2016-07-05	2021-06-11
	3149.79 BARON SMALL CAP INSTL			2021-06-29
	246. BECTON DICKINSON & CO		2012-02-09	2021-06-29
	253. COSTCO WHOLESALE CORP		2012-02-09	2021-06-29
	768. LOWES COMPANIES INC COM		2012-02-09	2021-06-29
	12048.527 ROYCE FD TOTAL RETURN			2021-06-29
	124.602 ROYCE FD TOTAL RETURN		2012-02-13	2021-06-29
	422. UNILEVER PLC ADR NEW		2012-02-09	2021-06-29
	891. VERIZON COMMUNICATIONS COM		2012-02-09	2021-06-29
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	75,000	75,000
b	70,000	76,666	-6,666
c	75,000	79,415	-4,415
d	70,000	70,000
e	125,000	101,204	23,796
	75,000	47,751	27,249
	200,000	110,369	89,631
	70,026	40,677	29,349
	144,739	108,571	36,168
	5,261	5,448	-187
	39,000	39,624	-624
	42,265	41,158	1,107
	20,000	20,139	-139
	70,000	70,021	-21
	61,114	63,163	-2,049
	135,000	85,373	49,627
	60,224	18,895	41,329
	100,279	21,347	78,932
	150,099	20,728	129,371
	133,618	165,434	-31,816
	1,382	1,705	-323
	25,012	13,768	11,244
	50,003	33,759	16,244
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907
			191,907

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
b			-6,666
c			-4,415
d
e			23,796
			27,249
			89,631
			29,349
			36,168
			-187
			-624
			1,107
			-139
			-21
			-2,049
			49,627
			41,329
			78,932
			129,371
			-31,816
			-323
			11,244
			16,244

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	680,224
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	12,816
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	12,816
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	12,816
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	3,004
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	3,004
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	9,812
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

NORTHWEST BANK Telephone no. bullet

(814) 452-1000

Located at bullet

800 STATE STREET SUITE 500ERIEPA ZIP+4 bullet

16501

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Northwest Bank	TRUSTEE 8	28,402
800 STATE STREET SUITE 500 ERIE,PA16501	TRUSTEE 8	28,402

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,051,554

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

631,429

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

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

12,682,983

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

12,682,983

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

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

190,245

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

12,492,738

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

624,637

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

624,637

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

12,816

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

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

12,816

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

611,821

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

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

611,821

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

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

611,821

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

565,491

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

565,491

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

565,491

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					611,821
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......	19,875
b From 2016......	42,493
c From 2017......	71,726
d From 2018......	0
e From 2019......	263,802
fTotal of lines 3a through e........		397,896
4Qualifying distributions for 2020 from Part
XII, line 4: $ 565,491
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.....					565,491
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		46,330			46,330
(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		351,566
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		351,566
10 Analysis of line 9:
a Excess from 2016....	16,038
b Excess from 2017....	71,726
c Excess from 2018....	0
d Excess from 2019....	263,802
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CARNAHAN-JACKSON FOUNDATION
PO BOX 3326
JAMESTOWN,NY147015045
(716) 483-1015

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

LETTER OUTLINING: NEED FOR GRANT & ATTACHED COPY OF APPLICANTS TAX EXEMPT STATUS LETTER.

cAny submission deadlines:

APPLICATIONS CONSIDERED IN JUNE & SEPTEMBER

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

EDUCATIONAL INSTITUTIONS AND CHARITABLE ORGANIZATIONS LOCATED IN AND/OR SERVING THE JAMESTOWN, NY AREA.

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOYS & GIRLS CLUB OF JAMESTOWN INC 62 ALLEN STREET JAMESTOWN,NY14701	N/A	PC	AFTER SCHOOL PROGRAMS	27,500
ST SUSAN CENTER 31 WATER STREET JAMESTOWN,NY14701	NONE	PC	SUPPORTS PROGRAM SERVICES	5,000
WNY PUBLIC BROADCASTING ASSO PO BOX 1263 BUFFALO,NY142401263	NONE	PC	SUPPORTS NAMED ORGANIZATION	2,625
THE SALVATION ARMY 615 SLATERS LANE 1112 ALEXANDRIA,VA22314	NONE	PC	SUPPORTS THE SALVATION ARMY	140,000
THE AMERICAN NATIONAL RED CROSS 430 17TH ST NW WASHINGTON,DC20006	NONE	PC	SUPPORT CHARITY ACTIVITIES	8,315
AUDUBON COMMUNITY NATURE CENTER 1600 RIVERSIDE RD JAMESTOWN,NY14701	NONE	PC	CHARITABLE PURPOSE	18,000
MAPLE GROVE LITTLE LEAGUE INC 9 EAST FOURTH STREET PO BOX 50 JAMESTOWN,NY147020050	NONE	PC	TO ADVANCE CHARITY'S	3,200
UNITED NEGRO COLLEGE FUND 1805 7TH STREET NW NW WASHINGTON,DC20001	NONE	PC	UNRESTRICTED- GENERAL	5,250
THE LEUKEMIA & LYMPHOMA SOCIETY 3 INTERNATIONAL DRIVE RYE BROOK,NY10573	NONE	PC	TO ADVANCE CHARITY'S	500
YMCA OF JAMESTOWN 401 NORTH MAIN STREET JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	60,780
UNITED WAY OF SOUTHERN CHAUTAUQUA CNTY 413 N MAIN STREET JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	25,000
CHAUTAUQUA STRIDERS INC 301 E 2ND ST STE 102 JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	35,000
JAMESTOWN COMMUNITY COLLEGE 525 FALCONER STREET JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	128,920
JAMESTOWN COMMUNITY LEARNING COUNCIL 301 FRONT ST LINCOLN SCHOOL JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	20,000
CHAUTAUQUA CHILDREN'S SAFETY 2695 ROUTE 394 ASHVLLE,NY14710	NONE	PC	TO ADVANCE CHARITY'S	5,000
JAMESTOWN CENTER CITY DEVELOPMENT 319 WEST THIRD STREET JAMESTOWN,NY14701	NONE	PC	TO ADVANCE CHARITY'S	5,000
COMMUNITY HELPING HANDS INC 31 WATER STREET JAMESTOWN,NY14701	NONE	PC	TO ADVANCE CHARITY'S	10,000
CHAUTAUQUA FOUNDATION 1 AMES AVENUE PO BOX 28 CHAUTAUQUA,NY14722	NONE	PC	UNRESTRICTED- GENERAL	1,000
INFINITY VISUAL & PERFORMING ARTS INC 301 E 2ND ST LYNN BUILDING SUITE JAMESTOWN,NY14701	NONE	PC	UNRESTRICTED- GENERAL	18,500
THE RELIEF ZONE 5 FREW RUN STREET PO BOX 334 FREWSBURG,NY14738	NONE	PC	UNRESTRICTED- GENERAL	30,000
BOUTWELL HILL SKI CLUB INC PO BOX 63 LAKEWOOD,NY14750	NONE	PC	TO ADVANCE CHARITY'S	1,700
Total ................................. 3a				551,290

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	289,498
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	680,224
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME				1,828
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				971,550

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

971,550

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	650	650

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AT & T INC	97,659	91,163
AMGEN INCORP COM
APACHE CORP	111,458	19,688
APPLE COMPUTER	97,059	815,649
BARON SMALL CAP INSTL	447,272	718,349
BECTON DICKINSON & CO	48,696	162,146
WILLIAM BLAIR INTL GWTH CL N	159,374	324,235
CISCO SYS INC	92,695	256,640
CITIGROUP INC	77,723	154,174
COSTCO WHOLESALE CORP	80,747	411,242
DIAGEO PLC ADS	61,247	131,017
DODGE & COX INTL STK FD	214,851	312,187
GOLDMAN SACHS GROUP INC	77,823	251,170
HSBC HLDGS PLC SPONSORED ADR N	78,452	48,385
INTEL CORP	144,445	287,402
JOHNSON & JOHNSON COM	112,948	297,906
ISHARE NASQAQ BIOTECHNOLOGY
LOWES COMPANIES INC COM	55,435	395,785
MS INSTI FDS GLOBAL RE PTF C
NESTLE SA-SPONSORED ADR	53,412	114,635
ALERIAN MLP ETF	106,065	68,803
PAYCHEX INC COM	83,448	300,485
WEYERHOUSER CO	120,220	161,904
PROCTER & GAMBLE CO COM	87,568	194,855
PRUDENTIAL FINANCIAL INC	75,832	129,361
ROYAL DUTCH SHELL PLC	171,147	101,644
ROYCE TOTAL RETURN #267	688,702	644,591
SANOFI-AVENTIS SPONSORED ADR	64,223	88,683
SUNCOR ENERGY INC	76,249	44,168
TOTALENERGIES SE	75,233	64,572
TUPPERWARE BRANDS
UNILEVER PLC ADR NEW	33,866	59,716
UNITED TECHNOLOGIES CORP
VALERO ENERGY CORP NEW	41,240	120,077
VAN ECK GLOBAL HARD ASSET CL Y
VERIZON COMMUNICATIONS COM	70,436	103,695
WELLS FARGO & CO NEW COM	78,409	117,147
BP PLC SPONSORED ADR	67,248	43,451
MONDELEZ INTL INC	56,664	143,600
ASTRAZENECA PLC SPONS ADR	60,077	101,830
MCDONALDS CORPORATION	59,990	126,452
PHILP MORRIS INT INC	59,946	67,160
TATE & LYLE PLC ADR
WISDOMTREE INT EQUITY FUND	399,461	311,920
BRITISH AMERICAN TOBACCO ADR	48,883	26,440
EMERSON ELECTRIC COMPANY	70,011	118,041
MICROSOFT CORP COM	100,001	319,099
SPDR EURO STOXX 50
WISDOMTREE EUROPE SMALLCAP DIV	125,032	144,843
PRINCIPAL GLOBAL REAL ESTATE S	469,775	570,456
WISDOMTREE INTERNATIONAL EQUIT
ISHARES MSCI EUROPE SMALL-CAP	126,091	159,695
CVS HEALTH	100,066	111,680
CARRIER GLOBAL CORP	17,850	69,063
COMCAST CORP NEW CLASS A	100,030	128,426
CONOCO PHILLIPS	99,970	93,676
RAYTHEON TECHNOLOGIES CORP	59,546	108,688
OTIS WORLDWIDE CORP	26,762	55,969
ENBRIDGE INC	70,438	29,237
GMO RESOURCES I	150,000	148,331

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMGEN INC BOND 4.10%
BERSHIRE HATHAWAY INC DEL 3.75	AT COST	53,166	50,061
GE CAP RETAIL BK DRAPER UTAH
GE CAP FINL INC CD 2.90%	AT COST	55,778	55,057
GENERAL ELECTRIC CAP CORP 4.27
GEORGIA MUN ELEC AUTH PWR	AT COST	60,198	61,005
GOLDMAN SACHS BK USA NY 2.8000	AT COST	100,000	101,481
GOLDMAN SACHS GROUP INC 3.996%
HARDIN CNTY TENN TAXABLE GO
KELLOGG CO NOTES 4.15%
LOCKHEED MARTIN CORPSR NT
METROPOLITAN TRANSIT AUTH NY	AT COST	50,419	50,647
NEW JERSEY ST TRANSNTR FD AUTH
OMNICOM GROUP INC NOTE 4.45
SAIC INC GTG SR NT
SUNTRUST BK ATLANTA FR
TOYOTA MTR CRD CORP NT-B
WASHINGTON ST ECONOMIC DEV FIN
WILDWOOD N J GEN IMPT BDS
ENBRIDGE ENERGY PARTNERS, L.P.	AT COST	40,558	42,115
AT&T INC NOTE 2.450% 6/30/2020
ABBVIE INC NOTE 3.200% 11/6/22	AT COST	63,210	61,859
AMERICAN EXPESS CENT BK CD 3.8
BANK OF AMERICA MTN 4.462% DUE
BED BATH & BEYOND 3.749% 8/1/2
CELGENE CORP NOTE 3.250% 8/15/	AT COST	63,150	61,720
EXPRESS SCRIPTS NOTE 3.000% 7/	AT COST	76,679	77,846
GOLDMAN SACHS GROUP INC 4.462%
JPMORGAN CHASE & CO 3.29% DUE
LABRATORY CORP 3.20% 2/1/2022
LAWRENCE TWP IND SCHL 2.650% 7	AT COST	50,437	51,688
MORGAN STANLEY 3.125% 5/17/202	AT COST	75,000	76,698
MORGAN STANLEY DW 2.875% 11/30
PITNEY BOWES INC NOTE 4.625% 3
UNUM GROUP NOTE 4.000% 3/15/20	AT COST	64,042	64,711
WELLS FARGO CO 3.450% 2/13/202
WELLS FARGO BANK NA CD 1.550%
BANK AMER CORP MTN 4.200% DUE
CAPITAL ONE FINL CORP BOND 3.5	AT COST	49,598	52,797
CAPITAL ONE BK USA NATL ASSN C	AT COST	48,477	50,314
CARDINAL HEALTH INC NOTE 3.500	AT COST	53,837	59,254
DISCOVER BANK CD 3.00% DUE 8/0	AT COST	75,000	75,019
DISCOVER BANK CD 2.750% DUE 8/
DISCOVER BANK CD 3.150% DUE 8/	AT COST	60,000	61,831
EQUIFAX INC NOTE CALL 3.950% D	AT COST	50,285	53,026
PIMCO REAL RETURN FUND INSTL	AT COST	330,613	375,948
LEGG MASON INC NOTE CALL 3.950	AT COST	55,285	60,134
PACIFIC GAS & ELEC CO NOTE 3.7
VENTAS REALTY LP CAP CRP 3.250
WELLS FARGO BANK NATL ASN CD 3
WELLS FARGO BANK NATL ASN CD 2
WILDWOOD NJ GEN IMPT BDS 4.000
ISHARES 0 TO 5 YEAR TIPS BOND
BANK OF AMER CORP MTN 4.200% D	AT COST	50,734	54,797
ISHARES 0 TO 5 YEAR TIPS BOND	AT COST	405,012	428,186
LABORATORY CORP AMER HLDGS 3.2
CAPITAL ONE FINL CORP BOND 3.2	AT COST	52,288	53,872
GENERAL ELECTRIC CAPITAL CORP	AT COST	36,607	36,595
VIACOM INC NEW BOND CALL 3.25%
WELLS FARGO CO MTN 3.45% DUE 2	AT COST	79,178	78,505
WELLS FARGO BANK NATL CD 3.30%	AT COST	70,000	74,178
WILDWOOD NJ GEN IMPT BDS 4.00%
BANK HAPOALIM B M NY CD 0.200%	AT COST	50,000	50,017
BOEING CO CORPORATE BOND 2.700	AT COST	51,518	50,846
CANADIAN IMPERIAL BANK BOND 0.	AT COST	50,000	49,740
JUNIPER NETWORKS CORP BOND 1.2	AT COST	55,891	55,072
MORGAN STANLEY 2.329% DUE 05/1	AT COST	79,978	84,500
T. ROWE PRICE FLOATING RATE	AT COST	400,039	398,785
TEXAS EXCHANGE BK CROWLEY CD 0	AT COST	100,000	99,677
TEXAS EXCHANGE BK CROWLEY CD 0	AT COST	60,000	59,531
VALERO ENERGY CORP BOND 1.200%	AT COST	50,651	50,435

- TIN:

TY 2020 OtherAssetsSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CHECKING ACCOUNT ENDING BALANC	28,374	47,879	47,879

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Description	Amount
2021 INCOME REPORTED IN 2020	1,340
WASH SALE ADJUSTMENT	510

- TIN:

TY 2020 OtherExpensesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RENT	4,794	0		0
MISC EXPENSES	7,503	0		0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	1,828	0

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Description	Amount
ROUNDING ADJUSTMENT	1

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED	19,723	19,723

- TIN:

TY 2020 TaxesSchedule

Name:

CARNAHAN-JACKSON FOUNDATION

EIN:

16-6151608

Category	Amount	Net Investment Income
NYS TAX WITHHOLDING	3,984	0
FEDERAL TAX WITHHOLDING	36,601	0
NY EPTL FILING FEE	750	750
FOREIGN TAXES	3,985	3,985
NYS EMPLOYMENT CONTRUBUTION TA	248	0