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 Schmetterling Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-4267762
B Telephone number (see instructions)

(800) 839-1754
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$24,858,909J 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) 3,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 333 333  
4 Dividends and interest from securities... 395,709 395,709  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 640,948
b Gross sales price for all assets on line 6a 14,504,979
7 Capital gain net income (from Part IV, line 2)... 876,942
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 206 206  
12 Total. Add lines 1 through 11........ 4,037,196 1,273,190  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 94,625 94,625    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 44,160 12,659    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 51,204 3,635   47,569
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 189,989 110,919   47,569
25 Contributions, gifts, grants paid....... 642,500 642,500
26 Total expenses and disbursements. Add lines 24 and 25 832,489 110,919   690,069
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,204,707
b Net investment income (if negative, enter -0-) 1,162,271
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 492,941 636,351 636,351
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1,203    
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) 1,132,895 Click to see attachment948,108 992,545
b Investments—corporate stock (attach schedule)....... 15,658,374 Click to see attachment18,973,426 22,682,264
c Investments—corporate bonds (attach schedule)....... 589,310 Click to see attachment521,545 547,749
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,874,723 21,079,430 24,858,909
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 17,874,723 21,079,430
29 Total net assets or fund balances (see instructions)..... 17,874,723 21,079,430
30 Total liabilities and net assets/fund balances (see instructions). 17,874,723 21,079,430
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
17,874,723
2
Enter amount from Part I, line 27a .....................
2
3,204,707
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
21,079,430
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,079,430
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 Publicly-traded Securities      
b
c
d
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 14,504,979   13,628,037 876,942
b
c
d
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       876,942
b
c
d
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 2 876,942
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 16,156
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  
3 Add lines 1 and 2........................... 3 16,156
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,156
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,356
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,156
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Colleen Clark Co- Pres, Dir
    8.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    James A Clark Dir, Sec, Co- Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nicholaus Clark VP
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nissa Clark VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Katrina Swartz VP
    4.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    McHugh Group Investment Mgmt 94,625
    4908 Whiteford Rd
    TOLEDO,OH43623
    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)
    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
    18,923,237
    b
    Average of monthly cash balances.......................
    1b
    470,496
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,393,733
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    19,393,733
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    290,906
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,102,827
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    955,141
    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
    955,141
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,156
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,156
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    938,985
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    938,985
    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
    938,985
    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
    690,069
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    690,069
    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
    690,069
    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 7 938,985
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 660,593
    b Total for prior years:2018, 2017, 2016  
    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$ 690,069
    a Applied to 2019, but not more than line 2a 660,593
    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..... 29,476
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		909,509
    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 ......     		0
    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.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Colleen Clark
    James A Clark
    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
    ATHLETES IN ACTION SPORTS COMPLEX AND RETREAT CENT
    651 TAYLOR DR
    XENIA,OH45385     		N/A PC General & Unrestricted 15,000
    CALUMET COLLEGE
    2400 NEW YORK AVE
    WHITING,IN46394     		N/A PC Transition to Teaching scholarship fund 50,000
    CHICAGO ZOOLOGICAL SOCIETY
    3300 GOLF RD
    BROOKFIELD,IL60513     		N/A PC General & Unrestricted 2,500
    Franklin Central High School
    6215 S FRANKLIN RD
    Indianapolis,IN46259     		N/A GOV the Boys Basketball Program 3,000
    INDIANAPOLIS ZOOLOGICAL SOCIETY INC
    1200 W WASHINGTON ST
    INDIANAPOLIS,IN46222     		N/A PC General & Unrestricted 2,500
    JAMES WHITCOMB RILEY MEMORIAL ASSOCIATION
    30 S MERIDIAN ST STE 200
    INDIANAPOLIS,IN46204     		N/A PC General & Unrestricted 10,000
    Morristown Jr-Sr High School
    PO BOX 960
    Morristown,IN46161     		N/A GOV Athletics Program 3,000
    Morristown Jr-Sr High School
    PO BOX 960
    Morristown,IN46161     		N/A GOV the weight room renovation fund 15,000
    MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DR
    CHICAGO,IL60637     		N/A PC General & Unrestricted 2,500
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC
    40 RECTOR ST 5TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 10,000
    NATIONS OF COACHES INC
    1323 STRATFORD RD SE
    DECATUR,AL35601     		N/A PC General & Unrestricted 5,000
    PANCREATIC CANCER ACTION NETWORK INC
    1500 ROSECRANS AVE STE 200
    MANHATTAN BCH,CA90266     		N/A PC General & Unrestricted 10,000
    PARTNERS IN HEALTH A NONPROFIT CORPORATION
    PO BOX 996
    FREDERICK,MD21705     		N/A PC General & Unrestricted 2,500
    PUNAHOU SCHOOL
    1601 PUNAHOU ST
    HONOLULU,HI96822     		N/A PC General & Unrestricted 2,500
    SAN JUAN DIEGO CATHOLIC HIGH SCHOOL
    800 HERNDON LN
    AUSTIN,TX78704     		N/A PC General & Unrestricted 500,000
    SIGMA ALPHA MU FOUNDATION
    8701 FOUNDERS RD
    INDIANAPOLIS,IN46268     		N/A PC General & Unrestricted 3,000
    SOUTH CREEK PTO
    9010 E SOUTHPORT RD
    INDIANAPOLIS,IN46259     		N/A PC school year book completion fund 6,000
    Total .................................bullet 3a 642,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 333  
    4 Dividends and interest from securities....     14 395,709  
    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 ............     		    18 640,948  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 206  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,037,196  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,037,196
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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 Schmetterling Foundation
     
    Employer identification number

    27-4267762
    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 Schmetterling Foundation
          		Employer identification number
    27-4267762
    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
    Clark James A
    816 Lakewood Hills Terrace
     
    Austin, TX787322385

    		$ 3,000,000


    (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 Schmetterling Foundation
          		Employer identification number

    27-4267762
    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 Schmetterling Foundation
          		Employer identification number

    27-4267762
    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:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 3.600% - 05/14/20 23,337 23,409
    AMAZON COM - 2.800% - 08/22/20 27,629 30,302
    APPLE INC - 1.650% - 05/11/203 21,811 21,628
    APPLE INC NOTE - 2.400% - 05/0 19,661 20,969
    BP CAP MKTS AMER - 3.410% - 02 18,267 20,181
    CAPITAL ONE FINL CORP NOTE - 3 12,925 14,981
    CIGNA CORP - 2.400% - 03/15/20 22,876 23,457
    CITIGROUP INC NOTE - 2.900% - 18,054 18,389
    COMCAST CORP - 1.500% - 02/15/ 23,904 23,838
    CVS CAREMARK CORP - 3.700% - 0 7,510 7,489
    CVS HEALTH CORP - 1.300% - 08/ 23,934 24,111
    ENTERPRISE PROD - 3.750% - 02/ 18,621 20,154
    FISERV INC NOTE CALL MAKE WHOL 20,295 22,824
    GOLDMAN SACHS GROUP INC - 5.25 25,610 24,674
    JP MORGAN CHASE - 3.540% - 05/ 15,152 17,011
    KINDER MORGAN ENERGY PARTNERS 18,373 18,888
    MARSH &MCLENNAN COS INC - 4.37 16,688 19,480
    MORGAN STANLEY MTN CALL MAKE W 34,168 37,710
    NEXTERA ENERGY CAP - 2.250% - 23,210 23,065
    NORTHROP GRUMMAN CORP NOTE - 2 17,964 18,695
    ORACLE CORP - 2.950% - 04/01/2 30,161 30,103
    U S BANCORP - 3.150% - 04/27/2 13,644 15,770
    VERIZON COMMS - 4.329% - 09/21 23,064 22,815
    WALMART INC - 3.400% - 06/26/2 18,394 19,331
    WELLS FARGO CO MTN BE - 3.300% 26,293 28,475

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 20,246 25,716
    ADOBE SYSTEMS, INC 63,034 102,525
    ALIBABA GROUP HOLDING LTD 125,327 122,881
    ALLY FINANCIAL INC 26,179 51,315
    ALPHABET INC CL A 183,541 231,348
    ALPHABET INC CL C 95,263 99,857
    ALTRIA GROUP INC 11,630 12,751
    AMADEUS IT HLDS SA 23,085 25,172
    AMAZON COM 348,703 491,796
    AMCOR LTD ORD SHS 10,536 11,464
    ANALOG DEVICES INC 51,371 66,183
    ANSELL LTD SP ADR 6,833 9,327
    ANTHEM INC 47,691 54,906
    APPLE INC 342,549 375,645
    APPLIED MATERIALS INC 49,155 68,609
    ASML HOLDING NV NY REG SHS 53,941 98,032
    ASSURANT INC 18,473 18,935
    ASTRAZENECA 43,074 46,791
    AUTODESK, INC 45,813 55,877
    AXALTA COATING SYSTEMS LTD 39,417 46,051
    BAE SYSTEMS PLC 77,131 81,531
    BALL CP 18,788 25,718
    BANCO DO BRASIL S A SPONSORED 86,752 87,704
    BATS SERIES M PORTFOLIO 519,251 532,745
    BERKSHIRE HATHAWAY INC. CLASS 81,923 94,371
    BIOGEN INC 28,678 24,976
    BLACKROCK ALLOC TGT SER S PORT 52,504 52,884
    BLACKROCK EMERGING MARKETS FUN 957,507 993,892
    BLACKROCK MID CAP DIVIDEND FUN 871,130 1,136,252
    BLACKROCK MID-CAP GROWTH EQUIT 858,057 1,515,468
    BLACKROCK STRAT INC OPP PORTFO 1,394,038 1,445,131
    BOSTON SCIENTIFIC 56,288 57,376
    BP PLC SPONSORED ADR 38,043 24,255
    BRISTOL-MYERS SQUIBB CO 34,415 34,489
    BRITISH AMERICAN TOBACCO PLC 31,858 28,905
    BURBERRY GROUP PLC 31,102 44,061
    CADENCE DESIGN SYSTEMS INC 44,210 74,218
    CANADIAN NATL RAILWAY CO 82,958 92,054
    CAPITAL ONE FINANCIAL CORP 18,451 19,968
    CARRIER GLOBAL 11,715 23,198
    CATALENT INC 16,747 19,253
    CBRE GROUP 25,436 32,301
    CDK GLOBAL INC 46,334 49,964
    CELLNEX TELECOM ADR 75,539 74,427
    CHEVRON CORP 40,531 41,212
    CIENA CORP 19,208 21,669
    CISCO SYSTEMS INC 85,529 84,712
    CITIZENS FINANCIAL GROUP, INC 17,939 25,247
    COGNIZANT TECHNOLOGY SOLUTIONS 57,584 74,656
    COMCAST CORP 102,388 127,646
    CONOCOPHILLIPS 40,961 41,950
    CORTEVA INC 63,538 82,048
    COSTAR GROUP, INC 49,072 83,185
    COUPONS.COM 19,337 23,724
    DBS GROUP HLDGS SPON ADR 14,442 17,111
    DEUTSCHE POST AG 7,835 14,304
    DIAGEO PLC ADS 8,552 9,846
    DOLLAR GENERAL CORP 28,664 29,863
    DOLLAR TREE INC 63,229 74,223
    DOMINOS PIZZA INC 12,349 17,639
    EATON CORP PLC 12,897 17,781
    FACEBOOK INC 219,533 231,640
    FANUC LIMITED UNSPONSORED 76,699 113,994
    FERGUSON PLC SPON ADR 24,951 25,213
    FERRARI NV 10,254 14,919
    FIDELITY NATIONAL INFORMATION 41,604 41,448
    FLEETCOR TECHNOLGIES INC 45,686 49,928
    FORTIVE CORPORATION 42,754 47,591
    FOX CORP CL A 42,111 47,728
    GENERAL MOTORS 48,857 72,204
    GENUINE PARTS COMPANY 9,840 11,549
    GRUPO FIN ADR 39,463 54,949
    HASBRO INC 27,094 31,336
    HEINEKEN N V S ADR 8,459 9,940
    HEXAGON 40,803 65,177
    HUMANA INC 62,637 70,156
    INFINEON TECH ADS 58,013 93,985
    INT'L FLAVORS & FRAGRANCES INC 22,062 21,659
    INTERCONTINENTAL EXCHANGE, INC 31,620 33,549
    INTERNATIONAL PAPER CO 17,749 20,137
    INTESA SANPAOLO SPA 86,293 90,786
    INTUIT 57,945 90,404
    INTUITIVE SURGICAL 32,619 45,814
    ISHARE SP SMALL CAP 600 INDEX 881,849 1,201,408
    ISHARES CORE DIVIDEND GROWTH 2,076,428 2,197,300
    ISHARES MSCI USA MIN VOLATILIT 1,455,397 1,461,795
    ISHARES MSCI USA QUALITY FACTO 1,202,681 1,222,877
    JOHNSON & JOHNSON 10,724 11,646
    JP MORGAN CHASE 68,184 78,910
    KEYSIGHT TECHNOLOGIES INC 29,476 39,363
    KONE OYJ 6,205 9,048
    KONINKLIJKE DSM NV ADR 66,117 93,247
    KONINKLIJKE PHILIPS ELECTRONIC 50,890 63,866
    L'OREAL ADR 100,368 108,438
    LABORATORY CORP AMER HLDGS 60,946 71,650
    LINDE PLC COM 17,520 19,500
    LOCKHEED MARTIN CORP 32,866 31,593
    LOWES COMPANIES INC 73,765 86,675
    LVMH MOET HENN UNSP 12,292 17,961
    M&T BANK CORP 18,247 21,896
    MARVELL TECHNOLOGY GROUP LTD 72,568 93,178
    MASTERCARD INC 147,310 212,022
    MEDTRONIC PLC 10,495 12,768
    MERCADOLIBRE, INC 40,281 98,838
    MICROSOFT CORP 431,713 536,922
    MONDELEZ INTERNATIONAL INC 48,388 50,050
    MORGAN STANLEY 54,463 70,791
    NESTLE S.A 23,939 26,387
    NETFLIX INC 77,103 118,420
    NIKE INC-CL B 51,851 77,950
    NORFOLK SOUTHERN CORP 49,956 54,650
    NOVARTIS AG ADR 23,772 25,496
    NOVO NORDISK A S 42,561 51,759
    NVIDIA CORP 32,920 33,421
    NXP SEMICONDUCTORS 14,958 21,943
    O'REILLY AUTOMOTIVE INC 45,637 43,899
    OTIS WORLDWIDE CORP 89,076 117,469
    PAYCHEX 31,203 40,999
    PAYPAL HOLDINGS, INC 78,455 152,933
    PHILIP MORRIS INTL 38,422 40,567
    PROCTER GAMBLE CO 19,849 22,123
    PROGRESSIVE CORP OHIO 16,632 17,897
    PROLOGIS 10,757 13,454
    QUANTA SVCS INC 40,408 63,666
    RAYMOND JAMES FINANCIAL INC 27,693 34,250
    RAYTHEON TECHNOLOGIES CORP 14,078 16,018
    RECKITT BENCKISER GROUP 27,826 28,340
    RECRUIT HOLDINGS CO 137,285 168,326
    REINSURANCE GROUP AMER INC 26,313 28,975
    RELX PLC 28,360 31,318
    RINGCENTRAL INC 45,897 57,603
    ROBERT HALF INTL INC 41,572 54,233
    ROCHE HOLDING LTD ADR 98,465 112,143
    ROPER INDUSTRIES 34,851 44,833
    ROSS STORES, INC 40,207 52,194
    RYANAIR HOLDINGS PLC-ADR COM 49,811 60,929
    S&P GLOBAL INC COM 72,688 94,674
    SANOFI-AVENTIS SPONSORED ADR 101,667 102,525
    SBA COMMUNICATIONS CORP 36,478 53,323
    SBERBANK SPONSORED ADR 61,313 74,240
    SCHNEIDER ELEC UNSP/ADR 39,751 64,211
    SEA LTD 12,242 41,801
    SERVICE NOW 54,446 122,746
    SHERWIN-WILLIAMS CO 31,109 52,179
    SHOPIFY INC 17,093 41,882
    SNAP INC. 41,644 94,833
    SONIC HEALTHCARE LTD SHS 5,954 8,473
    SONY CORP ADR 96,853 149,021
    SYSCO CORP 17,729 19,605
    TAIWAN SEMICONDUCTOR MFG CO LT 74,619 110,239
    TELUS CORP 39,760 42,827
    TEXAS INSTRUMENTS INC 32,632 41,853
    THE COCA-COLA CO 70,541 79,024
    TJX COMPANIES INC 36,209 45,618
    TRANSUNION COM USD0.01 32,275 40,482
    TRUIST FINANCIAL CORPORATION 17,708 21,233
    UBISOFT ENTERTAIN UNSP ADR EAC 52,315 62,332
    UNILEVER PLC AMER 146,313 171,664
    UNITED OVRSEAS BK LTD ADR 12,645 11,618
    UNITEDHEALTH GROUP INC 184,479 211,811
    VISA INC 244,829 309,722
    VODAFONE GROUP PLC 124,220 141,217
    VOLKSWAGEN AG ADR 137,440 142,871
    VOLVO AS-A ADR 34,038 46,630
    VONTIER CORPORATION 6,305 7,749
    WAL-MART STORES INC 52,810 51,606
    WIX COM LTD 42,805 39,744
    WUXI BIOLOGICS INC ADR 23,462 53,225
    ZOETIS INC 34,207 56,105

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    US Government Securities - End of Year Book Value:

    948,108
    US Government Securities - End of Year Fair Market Value:

    992,545
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 OtherExpensesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 47,544     47,544
    Bank Charges 3,635 3,635    
    State or Local Filing Fees 25     25


    TY 2020 OtherIncomeSchedule2
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 206 206  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 94,625 94,625    


    TY 2020 TaxesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 10,800      
    990-PF Excise Tax for 2019 20,701      
    Foreign Tax Paid 12,659 12,659