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
JAMES G HART FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)15541 W ILLINOIS ROUTE 173
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WADSWORTH, IL600839469
A Employer identification number

20-0254015
B Telephone number (see instructions)

(847) 599-1717
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$14,977,725J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 60,531 60,531  
4 Dividends and interest from securities... 295,507 295,507  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -36,024
b Gross sales price for all assets on line 6a 1,278,856
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 320,014 356,038  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,305 0   8,305
c Other professional fees (attach schedule).... Click to see attachment 45,938 45,938   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,844 2,559   115
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 31 31   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,118 48,528   8,420
25 Contributions, gifts, grants paid....... 231,000 231,000
26 Total expenses and disbursements. Add lines 24 and 25 307,118 48,528   239,420
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,896
b Net investment income (if negative, enter -0-) 307,510
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............. 1,109,428 1,109,735 1,109,735
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 7,205,501 Click to see attachment7,190,154 10,498,858
c Investments—corporate bonds (attach schedule)....... 2,021,569 Click to see attachment2,039,006 2,133,610
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,024,116 Click to see attachment1,034,615 1,235,522
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) 11,360,614 11,373,510 14,977,725
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........ 11,360,614 11,373,510
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 11,360,614 11,373,510
30 Total liabilities and net assets/fund balances (see instructions). 11,360,614 11,373,510
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
11,360,614
2
Enter amount from Part I, line 27a .....................
2
12,896
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,373,510
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
11,373,510
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 AM TOWER CORP SR LIEN   2019-06-10 2020-04-20
b AMGEN INC ST LIEN   2019-10-08 2020-12-16
c BROADCOM CORP SR LIEN   2020-02-04 2020-04-23
d CROWN CASTLE ST LIEN   2019-05-15 2020-04-20
e ENERGY TRANSFER ST LIEN   2019-12-24 2020-01-30
HEWLETT PACKARD SR LIEN   2019-04-24 2020-06-17
INGERSOLL-RAND LUX SR LIEN   2018-09-26 2020-04-13
KRAFT HEINZ FOOD SR LIEN   2019-02-25 2020-04-20
LOCKHEED MARTIN SR LIEN   2019-05-07 2020-06-16
LOCKHEED MARTIN SR LIEN   2019-05-07 2020-10-23
MARRIOTT INT'L SR LIEN   2019-10-01 2020-04-07
QUEST DIAGNOSTICS INC SR LIEN   2020-05-29 2020-11-18
ROCKWELL COLLINS SR LIEN   2019-04-26 2020-05-15
ROCKWELL COLLINS SR LIEN   2019-04-26 2020-05-18
ROCKWELL COLLINS SR LIEN   2019-04-26 2020-05-18
ROCKWELL COLLINS SR LIEN   2019-04-26 2020-05-18
ROCKWELL COLLINS SR LIEN   2019-04-26 2020-05-18
ROYAL BANK SR LIEN   2018-09-26 2020-10-26
SEMPTA ENERGY SR LIEN   2018-08-27 2020-02-01
SYSCO CORP SR LIEN   2018-11-05 2020-04-20
ALPHABET   2018-08-22 2020-07-30
AMAZON   2018-08-22 2020-07-30
AMAZON   2018-08-22 2020-08-06
AMAZON   2018-08-22 2020-08-14
AMAZON   2018-08-22 2020-09-04
BERKSHIRE HATHAWAY   2018-08-22 2020-04-17
BERKSHIRE HATHAWAY   2019-04-16 2020-04-17
BERKSHIRE HATHAWAY   2018-08-22 2020-08-24
CITIGROUP   2018-08-22 2020-04-09
DELTA AIRLINES   2020-02-26 2020-03-23
DELTA AIRLINES   2020-02-27 2020-03-23
DISH NETWORK   2018-08-22 2020-01-24
ECOLAB   2018-08-22 2020-03-17
FISERV   2019-01-18 2020-04-30
FISERV   2019-01-18 2020-05-01
FISERV   2019-01-18 2020-05-01
LIBERTY GLOBAL   2018-08-22 2020-03-19
LIBERTY GLOBAL   2019-06-05 2020-03-19
LIBERTY GLOBAL   2018-08-22 2020-03-24
LIBERTY GLOBAL   2018-08-22 2020-06-19
LIBERTY GLOBAL   2018-08-22 2020-06-22
LIBERTY GLOBAL   2018-08-22 2020-10-12
MICROSOFT CORP   2018-08-22 2020-03-04
MICROSOFT CORP   2018-08-22 2020-03-18
MICROSOFT CORP   2018-08-22 2020-07-30
MICROSOFT CORP   2018-08-22 2020-08-06
MOHAWK INDS   2018-08-22 2020-02-26
MOHAWK INDS   2018-08-22 2020-03-10
MOHAWK INDS   2018-10-17 2020-03-10
ORACLE   2018-08-22 2020-03-09
ORACLE   2018-08-22 2020-05-26
ORACLE   2018-08-22 2020-05-27
ORACLE   2018-08-22 2020-05-28
ORACLE   2018-08-22 2020-05-28
TRIPADVISOR   2018-08-22 2020-12-03
UNITED AIRLINES   2020-03-02 2020-03-20
ALPHABET INC   2018-08-22 2020-03-17
ALPHABET INC   2018-08-22 2020-09-04
ALPHABET INC   2020-08-05 2020-09-04
ALPHABET INC   2018-08-22 2020-11-12
ANALOG DIVICES INC   2020-01-28 2020-03-17
ANALOG DIVICES INC   2020-07-13 2020-10-28
APTIV PLC   2018-08-22 2020-03-27
ARMSTRONG WORLD INDS   2019-10-30 2020-03-17
ARMSTRONG WORLD INDS   2019-10-30 2020-10-27
ARMSTRONG WORLD INDS   2018-08-22 2020-11-23
ARMSTRONG WORLD INDS   2019-10-30 2020-11-23
BAXTER INTN'L   2018-12-04 2020-01-06
BAXTER INTN'L   2016-05-29 2020-01-06
BAXTER INTN'L   2019-05-13 2020-03-17
BRUNSWICK CORP   2020-01-24 2020-06-08
BRUNSWICK CORP   2019-10-25 2020-11-12
CICSO SYSTEMS   2018-08-22 2020-02-13
CICSO SYSTEMS   2018-08-22 2020-02-24
COCA-COLA CO   2018-08-22 2020-02-27
COCA-COLA CO   2019-03-29 2020-03-17
COCA-COLA CO   2018-08-22 2020-03-20
COCA-COLA CO   2019-03-29 2020-03-20
CROWN CASTLE   2020-02-28 2020-03-17
ELANCO ANIMAL HEALTH INC   2019-03-04 2020-01-10
ELANCO ANIMAL HEALTH INC   2018-03-06 2020-01-10
ELANCO ANIMAL HEALTH INC   2019-04-17 2020-01-10
ELANCO ANIMAL HEALTH INC   2019-05-07 2020-01-10
ELANCO ANIMAL HEALTH INC   2018-08-07 2020-01-10
ELECTRONIC ARTS   2018-10-31 2020-02-27
ELECTRONIC ARTS   2018-10-31 2020-03-18
ELECTRONIC ARTS   2018-10-31 2020-06-08
ENVISTA HOLDINGS   2020-01-30 2020-03-19
FISERV INC   2020-02-05 2020-03-17
IBM   2020-01-31 2020-02-27
INTERCONTINENTAL EXCHANGE   2020-02-06 2020-03-17
LOWES COMPANIES   2018-08-22 2020-08-12
MCDONALDS   2020-01-06 2020-11-12
MEDTRONIC PUBLIC LTD   2018-08-22 2020-02-28
MEDTRONIC PUBLIC LTD   2019-10-22 2020-02-28
MEDTRONIC PUBLIC LTD   2020-02-13 2020-02-28
MEDTRONIC PUBLIC LTD   2019-03-18 2020-03-17
MEDTRONIC PUBLIC LTD   2018-08-22 2020-03-18
MEDTRONIC PUBLIC LTD   2019-03-18 2020-03-18
MEDTRONIC PUBLIC LTD   2018-08-22 2020-04-08
MEDTRONIC PUBLIC LTD   2018-08-22 2020-11-12
MOTOROLA SOLUTIONS   2018-08-22 2020-03-17
MOTOROLA SOLUTIONS   2018-08-22 2020-07-01
MOTOROLA SOLUTIONS   2020-03-20 2020-07-01
MOTOROLA SOLUTIONS   2018-08-22 2020-08-05
MOTOROLA SOLUTIONS   2018-08-22 2020-11-20
NORFOLK SOUTHERN   2020-02-27 2020-03-17
NORFOLK SOUTHERN   2020-02-27 2020-04-07
NORFOLK SOUTHERN   2020-02-27 2020-05-12
NORFOLK SOUTHERN   2020-02-27 2020-06-08
NORFOLK SOUTHERN   2020-02-27 2020-11-23
NORFOLK SOUTHERN   2020-02-27 2020-11-23
NORFOLK SOUTHERN   2020-02-27 2020-11-23
PUBLIC STORAGE   2020-02-24 2020-03-17
S&P GLOBAL   2018-10-15 2020-03-17
S&P GLOBAL   2018-10-15 2020-03-17
SABRE CORP   2019-04-25 2020-03-05
SABRE CORP   2019-05-01 2020-03-05
SABRE CORP   2019-11-05 2020-03-05
SABRE CORP   2020-02-26 2020-03-05
SKYWORKS SOLUTIONS   2018-08-22 2020-01-07
SKYWORKS SOLUTIONS   2018-08-22 2020-01-22
SKYWORKS SOLUTIONS   2018-08-22 2020-04-08
SKYWORKS SOLUTIONS   2018-08-22 2020-06-08
SKYWORKS SOLUTIONS   2018-08-22 2020-10-28
STARBUCKS   2020-02-28 2020-03-17
VULCAN MATERIALS   2018-08-22 2020-10-06
VULCAN MATERIALS   2018-08-22 2020-10-27
VULCAN MATERIALS   2018-08-22 2020-11-12
VITARIS   2020-11-30 2020-11-30
ALPHABET DISALLOWED WASH SALE   2018-08-22 2020-03-17
NORFOLK SOUTHERN DISALLOWED WASH SALE   2020-02-27 2020-03-17
PUBLIC STORAGE DISALLOWED WASH SALE   2020-02-24 2020-03-17
NORFOLK SOUTHERN DISALLOWED WASH SALE   2020-02-27 2020-04-07
FISERV DISALLOWED WASH SALE   2020-02-05 2020-03-17
(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 26,092   24,796 1,296
b 42,730   42,730 0
c 25,625   25,379 246
d 55,132   52,836 2,296
e 41,520   41,427 93
50,775   50,190 585
50,000   49,536 464
6,951   6,964 -13
15,115   14,954 161
10,000   9,969 31
44,688   49,896 -5,208
25,401   25,366 35
20,552   19,951 601
5,143   4,988 155
5,142   4,987 155
5,143   4,988 155
15,420   14,964 456
50,000   48,977 1,023
50,000   49,449 551
49,904   49,308 596
12,126   9,649 2,477
12,183   7,582 4,601
3,234   1,896 1,338
9,445   5,686 3,759
3,319   1,895 1,424
1,914   2,072 -158
4,785   5,286 -501
4,844   4,766 78
12,022   17,931 -5,909
2,457   5,554 -3,097
1,974   4,374 -2,400
6,574   6,311 263
11,071   9,740 1,331
4,851   3,602 1,249
4,025   2,810 1,215
4,125   3,142 983
5,392   8,950 -3,558
716   1,112 -396
3,679   6,073 -2,394
5,196   6,021 -825
1,634   1,901 -267
10,586   12,646 -2,060
6,325   4,058 2,267
7,413   5,766 1,647
16,381   8,649 7,732
3,232   1,602 1,630
9,218   14,076 -4,858
7,453   12,341 -4,888
2,795   3,729 -934
2,127   2,243 -116
4,889   4,487 402
4,994   4,584 410
5,139   4,682 457
11,296   10,241 1,055
11,772   21,847 -10,075
1,033   2,466 -1,433
1,091   1,221 -130
6,194   4,883 1,311
4,645   4,460 185
5,236   3,662 1,574
1,395   1,706 -311
2,329   2,395 -66
12,581   22,145 -9,564
367   462 -95
4,592   6,742 -2,150
699   619 80
2,407   2,863 -456
17,973   14,450 3,523
6,189   5,543 646
1,420   1,357 63
3,940   3,849 91
482   418 64
5,427   5,336 91
42,648   44,531 -1,883
13,715   11,317 2,398
933   932 1
20,338   23,417 -3,079
18,460   21,540 -3,080
891   857 34
18,662   20,060 -1,398
5,058   5,234 -176
4,916   5,336 -420
5,230   5,665 -435
1,315   1,449 -134
6,285   5,504 781
10,784   10,274 510
1,780   1,376 404
13,485   35,128 -21,643
1,057   1,443 -386
35,322   37,395 -2,073
1,465   1,705 -240
12,779   8,579 4,200
5,952   5,666 286
2,673   2,583 90
6,434   6,786 -352
2,277   2,665 -388
1,829   2,112 -283
13,008   16,264 -3,256
2,449   2,938 -489
296   287 9
3,635   3,157 478
601   497 104
9,570   8,706 864
5,742   5,835 -93
10,124   9,079 1,045
12,948   9,701 3,247
408   569 -161
7,774   9,290 -1,516
4,173   4,740 -567
5,390   5,308 82
728   619 109
3,397   2,653 744
242   184 58
1,591   1,806 -215
1,791   1,480 311
3,601   2,221 1,380
6,184   12,771 -6,587
1,828   3,487 -1,659
1,434   2,923 -1,489
4,247   6,281 -2,034
8,122   6,397 1,725
7,620   5,655 1,965
6,980   6,953 27
2,539   1,761 778
2,658   1,761 897
463   624 -161
8,825   6,854 1,971
6,406   5,056 1,350
4,859   3,933 926
9     9
130     130
160     160
215     215
1,516     1,516
386     386
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       1,296
b       0
c       246
d       2,296
e       93
      585
      464
      -13
      161
      31
      -5,208
      35
      601
      155
      155
      155
      456
      1,023
      551
      596
      2,477
      4,601
      1,338
      3,759
      1,424
      -158
      -501
      78
      -5,909
      -3,097
      -2,400
      263
      1,331
      1,249
      1,215
      983
      -3,558
      -396
      -2,394
      -825
      -267
      -2,060
      2,267
      1,647
      7,732
      1,630
      -4,858
      -4,888
      -934
      -116
      402
      410
      457
      1,055
      -10,075
      -1,433
      -130
      1,311
      185
      1,574
      -311
      -66
      -9,564
      -95
      -2,150
      80
      -456
      3,523
      646
      63
      91
      64
      91
      -1,883
      2,398
      1
      -3,079
      -3,080
      34
      -1,398
      -176
      -420
      -435
      -134
      781
      510
      404
      -21,643
      -386
      -2,073
      -240
      4,200
      286
      90
      -352
      -388
      -283
      -3,256
      -489
      9
      478
      104
      864
      -93
      1,045
      3,247
      -161
      -1,516
      -567
      82
      109
      744
      58
      -215
      311
      1,380
      -6,587
      -1,659
      -1,489
      -2,034
      1,725
      1,965
      27
      778
      897
      -161
      1,971
      1,350
      926
      9
      130
      160
      215
      1,516
      386
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 -36,024
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 4,274
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 4,274
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 4,274
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 16,372
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 16,372
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 12,098
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet12,098 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
     
    No
    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)
    bulletIL
    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 addressbulletN/A
    14
    The books are in care ofbulletJAMES G HART Telephone no.bullet (847) 599-1717

    Located atbullet15541 W ILLINOIS ROUTE 173WADSWORTHIL ZIP+4bullet600839469
    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
    JAMES G HART PRES & TREAS/DIRECTOR
    0.00     		0 0 0
    15541 W ILLINOIS ROUTE 173
    WADSWORTH,IL60083
    CAROL ANN VRETTA DIRECTOR
    0.00     		0 0 0
    7813 HIGHTOWER DRIVE
    NORTH RICHLAND HILLS,TX76182
    ROCKNEY W HUDSON SECRETARY/DIRECTOR
    0.00     		0 0 0
    20 NORTH WACKER DR SUITE 1520
    CHICAGO,IL60606
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    12,860,712
    b
    Average of monthly cash balances.......................
    1b
    1,092,738
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,953,450
    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
    13,953,450
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    209,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,744,148
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    687,207
    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
    687,207
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,274
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,274
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    682,933
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    682,933
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    682,933
    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
    239,420
    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
    239,420
    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
    239,420
    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 7 682,933
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 87,285
    fTotal of lines 3a through e........ 87,285
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 239,420
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 239,420
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 87,285 87,285
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		356,228
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    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
             
    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).)
    JAMES G HART
    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
    ACTIVE TRANSPORTATION ALLIANCE
    35 E WACKER PLACE STE 1782
    CHICAGO,IL60601     		NONE   GENERAL FUND 1,000
    AMERICAN NEAR EAST REFUGEE AID
    1111 14TH ST NW STE 400
    WASHINGTON,DC20005     		NONE   GENERAL FUND 1,500
    AMERICAN RIVERS
    1101 14TH STREET NW
    WASHINGTON,DC20005     		NONE   GENERAL FUND 1,000
    AMNESTY INTERNATIONAL
    5 PENN PLAZA 16TH FLOOR
    NEW YORK,NY10001     		NONE   GENERAL FUND 3,000
    CARNEGIE COUNCIL
    170 E 64TH STREET
    NEW YORK,NY10065     		NONE   GENERAL FUND 1,000
    CENTER FOR PUBLIC INTEGRITY
    910 17TH STREET NW STE 700
    WASHINGTON,DC20006     		NONE   GENERAL FUND 4,000
    COLLEGE OF DUPAGE FOUNDATION
    425 FAWELL BLVD
    GLEN ELLYN,IL60137     		NONE   GENERAL FUND 2,500
    COMMITTEE TO PROTECT JOURNALISTS
    330 7TH AVENUE 11TH FLOOR
    NEW YORK,NY10001     		NONE   GENERAL FUND 5,000
    CONSERVATION INTERNATIONAL
    2011 CRYSTAL DR STE 500
    ARLINGTON,VA22202     		NONE   GENERAL FUND 500
    FESTIVALS ACADIENS AT CREOLES
    500 GIRADE PARK DRIVE
    LAFAYETTE,LA70508     		NONE   GENERAL FUND 500
    HOUSTON FOOD BANK
    535 PORTWALL ST
    HOUSTON,TX77029     		NONE   GENERAL FUND 500
    HUMAN RIGHTS WATCH
    350 5TH AVE
    NEW YORK,NY10118     		NONE   GENERAL FUND 3,000
    INSTITUTE FOR MUSIC & NEUROLOGIC FUNCTION
    612 ALLERTON AVE
    BRONX,NY10467     		NONE   GENERAL FUND 5,000
    INTERNATIONAL RESCUE COMMITTEE
    122 E 42ND STREET
    NEW YORK,NY10168     		NONE   GENERAL FUND 4,000
    NEW YORK PUBLIC RADIO
    160 VARICK STREET
    NEW YORK,NY10013     		NONE   GENERAL FUND 1,000
    NORTHERN PUBLIC RADIO
    NORTHERN ILLINOIS UNIVERSITY
    DEKALB,IL60115     		NONE   GENERAL FUND 2,500
    OLD TOWN SCHOOL OF FOLK MUSIC
    4544 N LINCOLN AVE
    CHICAGO,IL60625     		NONE   GENERAL FUND 25,000
    PROJECT ON GOVERNMENT OVERSIGHT
    1100 G STREET NW STE 500
    WASHINGTON,DC20005     		NONE   GENERAL FUND 1,000
    TANENBAUM CENTER FOR INTER-RELIGIOUS UNDERSTANDING
    55 BROAD STREET
    NEW YORK,NY10004     		NONE   GENERAL FUND 500
    THE PEOPLES MUSIC SCHOOL
    931 W EASTWOOD AVE
    CHICAGO,IL60640     		NONE   GENERAL FUND 2,500
    THROUGH HER EYES PROJECT
    9514 LAWNDALE AVE
    EVANSTON,IL60203     		NONE   GENERAL FUND 5,000
    TULANE UNIVERSITY
    PO BOX 61075
    NEW ORLEANS,LA70161     		NONE   GENERAL FUND 75,000
    US CAMPAIGN FOR PALESTINIAN RIGHTS
    PO BOX 3609
    WASHINGTON,DC20027     		NONE   GENERAL FUND 15,000
    WAMU 885
    4401 CONNECTICUT AVE NW
    WASHINGTON,DC20008     		NONE   GENERAL FUND 1,000
    WBUR 909
    890 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE   GENERAL FUND 2,000
    WHEATLAND MUSIC ORGANIZATION
    PO BOX 22
    REMUS,MI49340     		NONE   GENERAL FUND 2,500
    WHYY
    150 N SIXTH STREET
    PHILADELPHIA,PA19106     		NONE   GENERAL FUND 1,500
    WISCONSIN CANOE HERITAGE MUSEUM
    312 N FRONT ST
    SPOONER,WI54801     		NONE   GENERAL FUND 1,000
    WISCONSIN PUBLIC RADIO
    821 UNIVERSITY AVE
    MADISON,WI53706     		NONE   GENERAL FUND 10,000
    WOMEN MAKE MOVIES
    115 W 29TH ST STE 1200
    NEW YORK,NY10001     		NONE   GENERAL FUND 50,000
    WUWM MILWAUKEE PUBLIC RADIO
    161 W MILWAUKEE AV
    MILWAUKEE,WI53203     		NONE   GENERAL FUND 2,000
    SONG OF THE MOUNTAINS
    117 E MAIN STREET
    MARION,VA24354     		NONE   GENERAL FUND 1,000
    Total .................................bullet 3a 231,000
    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
    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 60,531  
    4 Dividends and interest from securities....     14 295,507  
    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 -36,024  
    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).. 0 320,014 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    320,014
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,305 0   8,305

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CVS HEALTH 3.35% 50,208 50,274
    XILINX INC 3.0% 50,159 50,252
    GILEAD SCIENCES 4.5% 51,324 50,000
    JOHN DEERE CAPITAL CORP 3.125% 50,073 51,011
    HONEYWELL INT'L 1.85% 49,234 50,592
    AMEX 3.7% 49,989 51,277
    FEDEX CORP 3.4% 50,449 51,580
    SUNTRUST BANKS 2.7% 49,479 51,180
    NEXTERA ENERGY CAPITAL 2.9% 49,953 51,594
    V.F. CORP 2.05% 29,995 30,644
    TEXAS INSTRUMENT INC. 1.85% 48,039 51,002
    GALXOSMITHKLINE CAPITAL 2.875% 49,961 51,702
    E*TRADE FINANCIAL 2.95% 30,527 31,165
    GENERAL DYNAMICS CORP 2.25% 47,767 51,576
    KINDER MORGAN 3.15% 50,061 52,585
    CITIGROUP INC 3.142% 50,950 51,415
    WELLS FARGO 3.069% 35,775 35,999
    ZOETIS INC 3.25% 49,215 52,595
    THE HOME DEPOT 2.7% 75,136 78,662
    THE TJX COMPANIES INC 2.5% 47,838 52,301
    KIMCO REALTY CORP 3.125% 35,204 36,871
    TOTAL CAPITAL CANADA LTD 2.75% 48,596 53,101
    ORACLE CORP 2.4% 47,797 52,575
    PFIZER INC. 3.2% 49,947 53,933
    ROPER TECHNOLOGIES INC 3.65% 42,661 43,401
    TOYOTA MOTOR CREDIT 3.45% 49,896 54,175
    HP ENERPRISE 4.45% 20,801 22,002
    WELLS FARGO 3.75% 24,955 27,292
    MITSUBISHI UFJ FINANCIAL 3.407% 50,000 54,335
    COMCAST CORP 3.7% 49,997 55,011
    JP MORGAN CHASE & CO 1.514% 20,000 20,534
    FIRSERV INC 2.75% 50,952 53,689
    WALMART 2.85% 49,938 54,093
    BANK OF AMERICA 3.864% 52,625 54,210
    BAT CAPITAL CORP 3.222% 50,536 54,132
    FIFTH THIRD BANCORP 2.375% 74,978 79,818
    PACCAR FINANCIAL 1.8% 39,968 41,908
    EXXON MOBIL CORP 2.992 36,855 38,308
    PEPSICO INC 2.25% 29,979 32,046
    BANK OF MONTREAL 1.85% 59,954 62,989
    PHILIP MORRIS INT'L 1.5% 24,878 25,894
    INTUIT INC 0.95% 29,976 30,377
    UNITED TECHNOLOGIES CORP 3.95% 34,219 34,407
    MORGAN STANLEY 5.0% 11,841 11,953
    THE BANK OF NOVA SOTIA 4.95% 46,370 48,638
    CHARLES SCHWAB 0.9% 39,951 40,512

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLSTATE CORP 51,335 61,121
    ALTRIA GROUP INC. 731,327 837,876
    APTARGROUP INC 66,840 91,169
    AT&T INC 10,065 9,951
    BANK OF AMERICA CORP 5,278 6,062
    CITIGROUP INC. 1,477 1,419
    DOMINION ENERGY INC 39,419 41,360
    EXXON MOBILE CORP 21,321 11,336
    GENERAL ELECTRIC CO 3,955 3,780
    INTEL CORP 9,138 9,964
    JOHNSON & JOHNSON 10,272 11,804
    THE KRAFT HEINZ CO 235,054 200,855
    MCDONALDS CORP 118,929 575,289
    MICROSOFT CORP 53,480 111,210
    MONDELEZ INT'L 472,646 1,016,559
    MORGAN STANLEY 20,578 32,072
    ORACLE CORP 18,928 25,876
    PFIZER INC 5,128 4,601
    PHILIP MORRIS 652,216 656,111
    PROCTER & GAMBLE 807,333 1,597,884
    VERIZON COMMUNICATIONS INC 50,792 53,756
    VIATRIS INC 197 281
    WABTEC CORP 145 73
    WALMART INC 7,420 10,811
    WELLS FARGO & CO 10,250 6,036
    NXP SEMICONDUCTORS NV 88,688 198,763
    MCDONALDS 1,087,908 1,345,417
    MONDELEZ INT'L INC 249,300 341,933
    PROCTER & GAMBLE 500,118 769,166
    ALPHABET INC 67,361 98,148
    ANALOG DEVICES INC 56,714 84,206
    ARMSTRONG WORLD INDS INC 32,607 35,484
    BAXTER INTERNATIONAL INC 44,930 52,798
    BRUNSWICK CORP 17,057 25,769
    CDW CORP 9,591 12,784
    DOLLAR TREE STORES 40,829 46,781
    ELECTRONIC ARTS 7,718 12,206
    FISERV, INC. 76,289 97,578
    INTERCONTINENTAL EXCHANGE INC 52,002 76,437
    LKQ CORP 17,108 20,193
    LOWES COMPANIES INC 30,477 45,585
    MCDONALDS CORP 47,125 52,787
    NORFOLK SOUTHERN CORP 15,343 23,048
    S&P GLOBAL INC 30,278 54,240
    SKYWORKS SOLUTIONS INC 28,511 55,343
    SOTERA HEALTH COMPANY 16,384 17,095
    STARBUCKS CORP 21,512 29,527
    SYSCO CORP 18,672 19,382
    VISA INC 17,388 24,060
    VULCAN MATERIALS CO 31,114 42,417
    WASTE MANAGEMENT 36,384 44,342
    ZEBRA TECHNOLOGY 17,349 30,746
    CROWN CASTLE 43,374 47,598
    PUBLIC STORAGE 59,278 65,122
    MEDRONIC PUBLIC LIMTED CO 86,446 107,769
    ALPHABET INC 78,185 115,624
    AMAZON.COM INC 43,592 74,909
    ANTHEM INC 26,097 31,788
    BERKSHIRE HATHAWAY INC 59,888 67,010
    CAPITAL ONE FINANCIAL CORP 10,600 15,717
    CITIGROUP INC 78,832 73,067
    COMCAST CORP 63,172 90,233
    DISH NETWORK CORP 20,329 20,439
    FACEBOOK INC 39,542 63,100
    GENERAL ELECTRIC CO 47,070 58,514
    GENERAL MOTORS CO 25,375 29,148
    HEXCL CROP 4,676 4,025
    HILTON WORLDWIDE HOLDINGS INC 21,975 38,385
    LIBERTY BROADBAND CORP 50,272 96,606
    MARRIOTT INTERNATIONAL INC 49,872 66,224
    MICROSOFT CORP 50,934 106,094
    MORGAN STANELY 33,269 48,519
    NETFLIX INC 19,512 36,770
    UNITEDHEALTH GROUP INC 32,128 43,134
    WALT DISNEY & CO 547 906
    WELLS FARGO & CO 99,498 70,319
    WESTINGHOUSE AIR BRAKE TECH 11,098 11,492
    WOOWARD INC 3,507 6,806
    AERCAP HOLDINGS NV 17,872 14,358
    AON PLC 50,934 61,691

    TY 2020 InvestmentsOtherSchedule2
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARIEL INTERNATIONAL FUND AT COST 526,914 552,867
    GOLDMAN SACHS GOG PARTNERS INTERNATIONAL AT COST 507,701 682,655

    TY 2020 OtherExpensesSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 31 31   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY 45,938 45,938   0


    TY 2020 TaxesSchedule
    Name:
    JAMES G HART FOUNDATION
    EIN:
    20-0254015
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US EXCISE TAXES 19,170 0   0
    FOREIGN TAXES ON DIVIDENDS 2,559 2,559   0
    STATE FILING FEES 115 0   115