Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE HUGHSTON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 9517
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, GA31908
A Employer identification number

58-1354127
B Telephone number (see instructions)

(706) 324-6661
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$2,721,660J 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) 536,440
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 30,574 30,574 30,574
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 13,234
b Gross sales price for all assets on line 6a 282,795
7 Capital gain net income (from Part IV, line 2)... 13,234
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)....... Click to see attachment 207,674 0 207,674
12 Total. Add lines 1 through 11........ 787,922 43,808 238,248
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 425,215 0 0 425,215
15 Pension plans, employee benefits....... 11,078 0 0 11,078
16a Legal fees (attach schedule)......... Click to see attachment 200 0 0 200
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 8,800 0 0 8,800
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,322 259 0 38,317
19 Depreciation (attach schedule) and depletion... Click to see attachment 95,923 0 0
20 Occupancy.............. 103,140 0 0 103,140
21 Travel, conferences, and meetings....... 1,063 0 0 1,063
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 483,472 10,696 0 472,776
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,168,213 10,955 0 1,060,589
25 Contributions, gifts, grants paid....... 60,878 60,878
26 Total expenses and disbursements. Add lines 24 and 25 1,229,091 10,955 0 1,121,467
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -441,169
b Net investment income (if negative, enter -0-) 32,853
c Adjusted net income (if negative, enter -0-)... 238,248
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............. 124,944 99,697 99,697
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet1,335
Less: allowance for doubtful accounts bullet   1,335 1,335 1,335
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 bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,372,650 Click to see attachment444,790 444,790
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment150,024 150,024
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment666,114 666,114
14 Land, buildings, and equipment: basis bullet2,330,161
Less: accumulated depreciation (attach schedule) bullet970,461 1,455,623 Click to see attachment1,359,700 1,359,700
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,954,552 2,721,660 2,721,660
Liabilities 17 Accounts payable and accrued expenses.......... 62,155 227,654
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)......... 62,155 227,654
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........... 2,729,278 2,314,085
25 Net assets with donor restrictions............ 163,119 179,921
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,892,397 2,494,006
30 Total liabilities and net assets/fund balances (see instructions). 2,954,552 2,721,660
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,892,397
2
Enter amount from Part I, line 27a .....................
2
-441,169
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
42,778
4
Add lines 1, 2, and 3 ..........................
4
2,494,006
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,494,006
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 CITIGROUP INC   2017-02-21 2020-08-10
b MORGAN STANLEY 015979 - PUBLICLY TRADED SECURITIES     2020-12-31
c MORGAN STANLEY 015979 - PUBLICLY TRADED SECURITIES     2020-12-31
d CAPITAL GAINS DIVIDENDS P    
e
(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 15,000   15,000 0
b 60,375   62,802 -2,427
c 205,652   191,759 13,893
d 1,768     1,768
e
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       0
b       -2,427
c       13,893
d       1,768
e
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 13,234
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 -2,427
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................................ 1 457
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........................... 3 457
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- ..... 5 457
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,040
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,040
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 583
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet583 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 addressbulletWWW.HUGHSTON.COM/HUGHSTON-FOUNDATION
    14
    The books are in care ofbulletPATTY LANGSTON Telephone no.bullet (706) 494-3359

    Located atbullet6262 VETERANS PARKWAYCOLUMBUSGA ZIP+4bullet31907
    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
     
     
    ........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
    MARK BAKER PRESIDENT / CHAIRMAN
    1.00     		0 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    DR KURT JACOBSON MD VICE-PRESIDENT
    1.00     		0 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    CHRIS WIGGINS TREASURER
    1.00     		0 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    BELINDA KLEIN EXECUTIVE DIRECTOR
    1.00     		0 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    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
    ROBERT ROSS MEDICAL TELEVISION D
    40.00     		91,763 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    BELINDA KLEIN EXECUTIVE DIRECTOR
    40.00     		90,522 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    CHOLLY MINTON RESEARCH / LAB COORD
    40.00     		57,179 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    ANDREW J GRUBBS ATC DIRECTOR
    40.00     		56,982 0 0
    PO BOX 9517
    COLUMBUS,GA31908
    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 THE FOUNDATION PROVIDES TUITION ASSISTANCE FOR STUDENTS TO ASSIST WITH EDUCATION AND TRAINING IN THE FIELD OF ORTHOPEDICS. A TOTAL OF 20 STUDENTS WERE PROVIDED ASSISTANCE DURING 2020. 60,878
    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 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    1,192,771
    b
    Average of monthly cash balances.......................
    1b
    133,727
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,407,662
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,734,160
    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
    2,734,160
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    41,012
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,693,148
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    134,657
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    1,121,467
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,121,467
    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
    1,121,467
    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 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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
    134,657 150,710 165,325 168,017 618,709
    b 85% of line 2a ......... 114,458 128,104 140,526 142,814 525,903
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,121,467 1,178,278 925,830 1,276,144 4,501,719
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,121,467 1,178,278 925,830 1,276,144 4,501,719
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		89,771 100,473 110,217 112,011 412,472
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ASHTIN DELUCA
    8160 VETERANS PARKWAY APT 1218
    COLUMBUS,GA31909     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 6,298
    DAVID STOTTS
    9926 SYDNEY LANE
    HIGHLANDS RANCH,CO80130     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    JESSICA CARTER
    42 BLUEBIRD LANE
    PHENIX CITY,AL36870     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 6,298
    JESSICA WALZ
    PO BOX 575
    KREMMLING,CO80459     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    KAELE LAWLESS
    2510 CHEROKEE AVENUE APT 6B
    COLUMBUS,GA31906     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 6,298
    KATHERINE MCCALL
    38 SURREY STREET
    BRIGHTON,MA02135     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 6,298
    KATHRYN BOYLAN
    1629 CARTER AVENUE
    COLUMBUS,GA31906     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    KOURTNEY CURRENT
    421 E CROSS MAIN STREET
    NEW CASTLE,KY40050     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 4,198
    REAGAN OLIVER
    2929 RUSS STREET
    MARIANNA,FL32446     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,100
    SILVER HARRIS
    4625 NW 99TH AVENUE
    DORAL,FL33178     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,100
    TRAVIS SWAILS
    725 CANDLER LANE APT 1216
    CHARLOTTE,NC28217     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,100
    TRISHA MCCARTER
    6239 LYNRIDGE AVENUE APT 7
    COLUMBUS,GA31909     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    WILLIAM GREEN
    700 N SPENCE AVENUE APT E4
    GOLDSBORO,NC27534     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    OCEAN ADAMS
    4411 THIRD AVENUE
    COLUMBUS,GA31904     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    TIFFANY WHITT
    4712 MILGEN ROAD APT 620
    COLUMBUS,GA31907     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    LARENA KINSER
    6363 FLAT ROCK ROAD APT 205
    COLUMBUS,GA31907     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    ANYI SANTANA
    3221 FESCUE CIRCLE
    LAWRENCEVILLE,GA30044     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    ETHAN STONE
    19707 US HWY 280 EAST APT 223
    SMITHS STATION,AL36877     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    DYLAN PAVKA
    6046 HELMOCK STREET
    INDIAN RIVER,MI49749     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    RACHEL LEWIS
    326 TOM SAWYER DRIVE
    BLAKELY,GA39823     		NO RELATIONSHIP N/A TUITION ASSISTANCE FOR ATHLETIC TRAINER EDUCATION 2,099
    Total .................................bullet 3a 60,878
    bApproved for future payment
    Total .................................bullet 3b 0
    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
    aSTUDY FEES         8,190
    bSERVICE FEES         73,866
    cREVENUE - FELLOWS         89,434
    dMEETING FEES         3,000
    eDEPOSITION FEES         9,525
    fDUES         23,659
    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 30,574  
    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 13,234  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 43,808 207,674
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    251,482
    (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.)
    1A THE ACTIVITY CONTRIBUTED TO INCREASING PUBLIC AWARENESS IN THE FIELD
    1A OF ORTHOPEDICS AND IN CONDUCTING ORTHOPEDIC RESEARCH
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE HUGHSTON FOUNDATION INC
     
    Employer identification number

    58-1354127
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number
    58-1354127
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    VERITAS SURGICAL SOLUTIONS
     
    2940 KERRY FOREST PARKWAY
     
    TALLAHASSEE, FL32309

    		$ 7,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DOUGLAS W PAHL MD PC
     
    690 OLD BRAWNERS FERRY ROAD
     
    HAMILTON, GA31811

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    FRED C FLANDRY MD PC
     
    6201 WATERFORD RD
     
    COLUMBUS, GA31904

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JAMES MCGRORY MD PC
     
    8936 RIVER ROAD
     
    COLUMBUS, GA31904

    		$ 8,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    JOHN DORCHAK MD PC
     
    1765 CENTRAL CHURCH ROAD
     
    MIDLAND, GA31820

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    JOHN I WALDROP MD PC
     
    2100 HAMILTON MULBERRY GROVE ROAD
     
    CATAULA, GA31804

    		$ 12,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number
    58-1354127
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    PATRICK FERNICOLA MD PC
     
    2131 OLD RIVER RD
     
    FORTSON, GA31808

    		$ 15,300


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    JACK HUGHSTON MEMORIAL HOSPITAL
     
    4401 RIVER CHASE DRIVE
     
    PHENIX CITY, AL368677483

    		$ 61,667


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    KURT JACOBSON MD PC
     
    184 BROKEN ROCK ROAD
     
    HAMILTON, GA31811

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    CHAMP L BAKER III MD PC
     
    806 OVERLOOK DRIVE
     
    COLUMBUS, GA31906

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    MICHAEL M TUCKER MD PC
     
    270 PINETREE ROAD
     
    HAMILTON, GA31811

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    RYAN M GERINGER MD PC
     
    8788 HEIFERHORN WAY
     
    COLUMBUS, GA31904

    		$ 6,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number
    58-1354127
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
    COMMUNITY FOUNDATION OF THE CHATTAHOOCHEE VALLEY INC
     
    1340 13TH STREET
     
    COLUMBUS, GA319012345

    		$ 33,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
    NORMAN DONATI MD
     
    309 CHEROKEE ROAD
     
    THOMASTON, GA30286

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
    KEVIN J COLLINS MD PC
     
    4514 ROBERT DRIVE
     
    VALDOSTA, GA31605

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
    DAVID C REHAK MD
    2201-5 OLD RIVER ROAD
     
    FORTSON, GA31808

    		$ 11,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
    DAVID H MACDONALD CO MACCORP PC
     
    765 LAKESHORE DRIVE SOUTH
     
    HAMILTON, GA31811

    		$ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    18
    RANDALL J RUARK MD PC
     
    2313 LOWER BLUE SPRINGS ROAD
     
    HAMILTON, GA31811

    		$ 6,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number
    58-1354127
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    19
    CENTER FOR ORTHOPAEDIC TRAUMA ADVANCEMENT
     
    9400 W HIGGINS ROAD SUITE 305
     
    ROSEMONT, IL600184975

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    20
    AO CHARITABLE FOUNDATION
     
    1700 RUSSELL ROAD
     
    PAOLI, PA19039

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    21
    OMEGA MEDICAL GRANTS ASSOCIATION
     
    6300 N RIVER ROAD STE 505
     
    ROSEMONT, IL600184975

    		$ 17,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    22
    BROOK G BEARDEN MD PC
     
    4450 JOHNSTON ROAD
     
    VALDOSTA, GA31606

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    23
    JOHN CP FLOYD MD
    2438 CRAIGSTON DRIVE
     
    COLUMBUS, GA31906

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    24
    AFLAC
     
    1932 WYNNTON ROAD
     
    COLUMBUS, GA31999

    		$ 7,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number
    58-1354127
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    25
    SYNERGY BIOMEDICAL LLC
     
    565 E SWEDESFORD ROAD SUITE 310
     
    WAYNE, PA19087

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number

    58-1354127
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE HUGHSTON FOUNDATION INC
          		Employer identification number

    58-1354127
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

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    TY 2020 DepreciationSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LEASEHOLD IMP - FREEMAN & ASSOCIATES (COMBO OF 5 DIFF AMOUNTS 2003-11-04 565,898 228,717 SL 40.000000000000 14,147 0 0  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES (COMBO OF 7 DIFF AMOUNTS 2004-03-31 472,593 186,083 SL 40.000000000000 11,815 0 0  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 2004-09-08 13,091 5,018 SL 40.000000000000 327 0 0  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 2004-04-13 96,102 37,840 SL 40.000000000000 2,403 0 0  
    LEASEHOLD IMP - ANDRAS ARCHITECTS 2004-05-26 5,688 2,216 SL 40.000000000000 142 0 0  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 2004-07-22 22,104 8,519 SL 40.000000000000 553 0 0  
    LEASEHOLD IMP - AUDIO/VISUAL INNOVATIONS 2004-08-09 101,629 39,169 SL 40.000000000000 2,541 0 0  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 2004-09-23 69,150 26,364 SL 40.000000000000 1,729 0 0  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 2004-11-04 12,693 4,813 SL 40.000000000000 317 0 0  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 2005-02-07 4,445 1,658 SL 40.000000000000 111 0 0  
    LEASEHOLD IMP - HUGHSTON GARDENS (INC 2005 CIP & 2006 ADDITIONS) 2006-01-01 201,053 70,369 SL 40.000000000000 5,026 0 0  
    LEASEHOLD IMP - WET LAB (INC 2005 CIP & 2006 ADDITIONS) 2006-01-01 475,463 166,412 SL 40.000000000000 11,887 0 0  
    LEASEHOLD IMP - MISCELLANEOUS 2006-06-30 6,512 2,198 SL 40.000000000000 163 0 0  
    LEASEHOLD IMP - HUGHSTON GARDENS (FREEMAN) 2007-02-21 23,126 7,420 SL 40.000000000000 578 0 0  
    LEASEHOLD IMP - HUGHSTON GARDENS MISC (COMBO OF 6 AMOUNTS) 2007-05-02 23,832 7,547 SL 40.000000000000 596 0 0  
    LEASEHOLD IMP - LTR GLASS - DOOR LOGO 2009-07-07 1,363 358 SL 40.000000000000 34 0 0  
    AUSBON FIRE PROTECTION - FIRE SPRINKLER SYSTEM REPAIR 2010-12-14 5,400 1,226 SL 40.000000000000 135 0 0  
    PC MALL - 6 COMPUTERS FOR LIBRARY 2013-03-28 3,320 3,320 SL 5.000000000000 0 0 0  
    PC MALL - CINTIQ COMPUTER & TABLET 2013-08-21 5,182 5,182 SL 5.000000000000 0 0 0  
    AUDIO VISUAL EQUIP - SCREEN REPLACEMENT 2013-06-07 1,872 1,872 SL 5.000000000000 0 0 0  
    B&H PHOTO & VIDEO - DR FLANDRY - TELMAX 17" TELEPROMTER BUNDLE 2013-07-10 2,551 2,551 SL 5.000000000000 0 0 0  
    DRILLS & SAWS EQUIPMENT - DONATED FROM HUGHSTON SURGICAL (VALUED BY AR 2017-09-30 137,078 61,685 SL 5.000000000000 27,416 0 0  
    VIDEO & LIGHTING EQUIP - DONATED FROM HUGHSTON SURGICAL (VALUED BY AR 2019-09-30 80,016 4,001 SL 5.000000000000 16,003 0 0  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY - CORPORATE BONDS 150,024 150,024

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY - STOCKS 444,254 444,254
    MORGAN STANLEY 588117 - STOCKS 536 536

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MORGAN STANLEY - EXCHANGE-TRADED & CLOSED-END FUNDS FMV 324,991 324,991
    MORGAN STANLEY - MUTUAL FUNDS FMV 117,628 117,628
    MORGAN STANLEY - MONEY MARKET FUND FMV 44,110 44,110
    MORGAN STANLEY 588117 - MONEY MARKET FUNDS FMV 64,874 64,874
    MORGAN STANLEY 588117 - MONEY MARKET FUNDS FMV 34,917 34,917
    SYNOVUS SECURITIES - SWEEP FMV 4,441 4,441
    SYNOVUS SECURITIES - MUTUAL FUNDS FMV 75,153 75,153

    TY 2020 LandEtcSchedule2
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMP - FREEMAN & ASSOCIATES (COMBO OF 5 DIFF AMOUNTS 565,898 242,864 323,034  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES (COMBO OF 7 DIFF AMOUNTS 472,593 197,898 274,695  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 13,091 5,345 7,746  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 96,102 40,243 55,859  
    LEASEHOLD IMP - ANDRAS ARCHITECTS 5,688 2,358 3,330  
    LEASEHOLD IMP - FREEMAN & ASSOCIATES 22,104 9,072 13,032  
    LEASEHOLD IMP - AUDIO/VISUAL INNOVATIONS 101,629 41,710 59,919  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 69,150 28,093 41,057  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 12,693 5,130 7,563  
    LEASEHOLD IMP - MUSEUM - FREEMAN & ASSOCIATES 4,445 1,769 2,676  
    LEASEHOLD IMP - HUGHSTON GARDENS (INC 2005 CIP & 2006 ADDITIONS) 201,053 75,395 125,658  
    LEASEHOLD IMP - WET LAB (INC 2005 CIP & 2006 ADDITIONS) 475,463 178,299 297,164  
    LEASEHOLD IMP - MISCELLANEOUS 6,512 2,361 4,151  
    LEASEHOLD IMP - HUGHSTON GARDENS (FREEMAN) 23,126 7,998 15,128  
    LEASEHOLD IMP - HUGHSTON GARDENS MISC (COMBO OF 6 AMOUNTS) 23,832 8,143 15,689  
    LEASEHOLD IMP - LTR GLASS - DOOR LOGO 1,363 392 971  
    AUSBON FIRE PROTECTION - FIRE SPRINKLER SYSTEM REPAIR 5,400 1,361 4,039  
    PC MALL - 6 COMPUTERS FOR LIBRARY 3,320 3,320 0  
    PC MALL - CINTIQ COMPUTER & TABLET 5,182 5,182 0  
    AUDIO VISUAL EQUIP - SCREEN REPLACEMENT 1,872 1,872 0  
    B&H PHOTO & VIDEO - DR FLANDRY - TELMAX 17" TELEPROMTER BUNDLE 2,551 2,551 0  
    DRILLS & SAWS EQUIPMENT - DONATED FROM HUGHSTON SURGICAL (VALUED BY AR 137,078 89,101 47,977  
    VIDEO & LIGHTING EQUIP - DONATED FROM HUGHSTON SURGICAL (VALUED BY AR 80,016 20,004 60,012  


    TY 2020 LegalFeesSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSE 200 0 0 200


    TY 2020 OtherExpensesSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 42,805 0 0 42,805
    BILLINGS / COLLECTIONS 4,990 0 0 4,990
    HOUSEKEEPING 23,060 0 0 23,060
    OTHER EXPENSES 6,068 0 0 6,068
    BANK FEES 10,696 10,696 0 0
    INSURANCE 212,468 0 0 212,468
    MAINTENANCE 21,229 0 0 21,229
    ADVERTISING 1,799 0 0 1,799
    LABOR 88,752 0 0 88,752
    LEASES & RENTALS 5,015 0 0 5,015
    MEALS 416 0 0 416
    DUES & SUBSCRIPTIONS 19,524 0 0 19,524
    PERSONAL LEAVE 8,067 0 0 8,067
    POSTAGE 3,316 0 0 3,316
    STORAGE 3,772 0 0 3,772
    CERTIFICATION 6,826 0 0 6,826
    SPONSORSHIP 9,815 0 0 9,815
    GIFTS AND AWARDS 264 0 0 264
    EMPLOYEE DEVELOPMENT 150 0 0 150
    SPECIAL EVENTS 4,335 0 0 4,335
    ACCOUNTING 10,105 0 0 10,105


    TY 2020 OtherIncomeSchedule2
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    STUDY FEES 8,190   8,190
    SERVICE FEES 73,866   73,866
    REVENUE - FELLOWS 89,434   89,434
    MEETING FEES 3,000   3,000
    DEPOSITION FEES 9,525   9,525
    DUES 23,659   23,659


    TY 2020 OtherIncreasesSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Description Amount
    CURRENT YEAR CHANGE IN UNREALIZED GAINS 42,778


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING EXPENSES 8,800 0 0 8,800


    TY 2020 TaxesSchedule
    Name:
    THE HUGHSTON FOUNDATION INC
    EIN:
    58-1354127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 38,317 0 0 38,317
    FOREIGN TAXES 259 259 0 0
    EXCISE TAX 746 0 0 0