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
DAVIS J & N CHAR FND TUW-MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

73-1652786
B Telephone number (see instructions)

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$27,002,344J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 600,561 487,707  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 349,977
b Gross sales price for all assets on line 6a 2,857,873
7 Capital gain net income (from Part IV, line 2)... 349,977
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 45,966 45,966  
12 Total. Add lines 1 through 11........ 996,504 883,650  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 156,115 140,503   15,611
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 7,230 0 0 7,230
c Other professional fees (attach schedule).... Click to see attachment 6,966 6,966   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,763 9,390   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 3,548 3,548    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 187,622 160,407 0 22,841
25 Contributions, gifts, grants paid....... 1,187,159 1,187,159
26 Total expenses and disbursements. Add lines 24 and 25 1,374,781 160,407 0 1,210,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -378,277
b Net investment income (if negative, enter -0-) 723,243
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 11,366 14,822 14,822
2 Savings and temporary cash investments......... 1,190,550 1,061,093 1,061,093
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   3,450 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment4,937,901 7,489,969
c Investments—corporate bonds (attach schedule).......   Click to see attachment3,582,722 3,851,402
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 20,848,401 Click to see attachment12,118,891 14,585,058
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) 22,053,767 21,715,429 27,002,344
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 22,053,767 21,715,429
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 22,053,767 21,715,429
30 Total liabilities and net assets/fund balances (see instructions). 22,053,767 21,715,429
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
22,053,767
2
Enter amount from Part I, line 27a .....................
2
-378,277
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
43,146
4
Add lines 1, 2, and 3 ..........................
4
21,718,636
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,207
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,715,429
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 3000. INTEL CORP 3.250% 8/01/39     2020-01-06
b 3000. MOLINA HEALTHCARE IN 1.125% 1/15/20   2018-05-03 2020-01-13
c 649. PENSKE AUTO GROUP INC     2020-01-16
d 1. ALLEGHANY CORP DEL NEW   2017-03-10 2020-01-17
e 4. AMPHENOL CORP CL A   2017-06-05 2020-01-17
2. CINTAS CORP   2017-03-10 2020-01-17
1. NEWMARKET CORP   2017-06-05 2020-01-17
1. OLD DOMINION FREIGHT LINES INC   2018-12-13 2020-01-17
7. PERRIGO CO PLC   2019-03-07 2020-01-17
432. COMPASS GROUP PLC ADR   2017-03-07 2020-02-04
150. EXXON MOBIL CORPORATION     2020-02-04
603. JAPAN TOBACCO INC-UNSPON ADR     2020-02-04
17. NEXTERA ENERGY INC     2020-02-04
36. QUALCOMM INC     2020-02-04
141. OLD DOMINION FREIGHT LINES INC     2020-02-26
228. T ROWE PRICE GROUP INC     2020-02-26
51. GILEAD SCIENCES INC   2018-09-26 2020-03-09
36. JPMORGAN CHASE & CO     2020-03-09
113. VEOLIA ENVIRONNEMENT ADR     2020-03-09
57. VERIZON COMMUNICATIONS     2020-03-09
1000. CYPRESS SEMICONDUCTO 4.500% 1/15/22   2018-03-08 2020-03-16
38. BRITISH AMERICAN TOBACCO P.L.C - ADR   2019-03-25 2020-03-19
33. BRITISH AMERICAN TOBACCO P.L.C - ADR   2017-06-02 2020-03-19
13. DUKE ENERGY HOLDING CORP. COM   2018-11-20 2020-03-19
146. ROYAL DUTCH SHELL PLC ADR   2020-02-04 2020-03-19
125. ROYAL DUTCH SHELL PLC ADR     2020-03-19
24. SANOFI-ADR   2017-06-02 2020-03-19
21. UNILEVER N.V. - ADR   2017-06-02 2020-03-19
2000. TELADOC INC 3.000% 12/15/22   2018-12-18 2020-03-20
3000. DANAHER CORP 1/22/21   2017-03-15 2020-04-03
350. HOME DEPOT INC   2017-04-03 2020-04-07
445. PNC FINANCIAL SERVICES GROUP     2020-04-07
500. ZOETIS INC   2017-04-25 2020-04-07
720. EATON CORP PLC     2020-04-07
205. EATON CORP PLC   2019-07-03 2020-04-07
138. ANHEUSER-BUSCH INBEV SPN ADR     2020-04-08
60. ANHEUSER-BUSCH INBEV SPN ADR   2020-02-04 2020-04-08
27. GILEAD SCIENCES INC   2018-09-26 2020-04-08
.5 OLD DOMINION FREIGHT LINES INC   2017-06-05 2020-04-15
57. GILEAD SCIENCES INC   2018-09-26 2020-04-23
64. NTT DOCOMO, INC. - ADR   2017-03-07 2020-04-23
.484 RAYTHEON TECHNOLOGIES CORP   2019-10-16 2020-04-29
21. BECTON DICKINSON & CO   2017-11-07 2020-05-05
.0414 BECTON DICKINSON & CO   2017-11-07 2020-05-13
32. STANLEY BLACK & DECKERINC.   2017-11-07 2020-05-22
.054 STANLEY BLACK & DECKERINC.   2017-11-07 2020-06-01
75000. US TREASURY NOTE 1.875% 4/30/22     2020-06-05
79. GILEAD SCIENCES INC     2020-06-08
45. LOWES COS INC   2019-06-14 2020-06-08
623. RECKITT BENCKIS/S ADR     2020-06-08
150. ROCHE HOLDINGS LTD - ADR     2020-06-08
257. VEOLIA ENVIRONNEMENT ADR     2020-06-08
6000. ENSCO JERSEY FIN LTD 3.000% 1/31/24   2018-05-22 2020-06-09
6000. PRICELINE.COM, INCOR 0.350% 6/15/20     2020-06-15
34188.393 JPMORGAN HIGH YIELD-R6 #3938     2020-06-29
119. CITRIX SYS INC COM   2019-07-22 2020-07-09
274. ENTEGRIS INC   2018-09-13 2020-07-09
177. T ROWE PRICE GROUP INC   2017-03-10 2020-07-09
570. CVS HEALTH CORPORATION     2020-07-20
755. EOG RESOURCES, INC     2020-07-20
170. MICROSOFT CORP   2017-03-06 2020-07-20
1120. TJX COMPANIES INC     2020-07-20
165. UNION PACIFIC CORP   2017-03-06 2020-07-20
.2195 PHILIPS ELECTRONICS - NY SHR ADR   2017-03-07 2020-07-27
6000. OASIS PETROLEUM INC 2.625% 9/15/23     2020-07-27
4000. HELIX ENERGY SOLUTIO 4.250% 5/01/22   2017-03-15 2020-08-12
2000. RINGCENTRAL INC 3/15/23   2019-04-09 2020-08-20
2000. SERVICENOW INC 6/01/22   2018-07-18 2020-08-20
1000. TESLA INC 2.375% 3/15/22   2020-01-24 2020-08-25
35. APPLE INC   2017-03-06 2020-08-26
385. COGNIZANT TECH SOLUTIONS CRP COM     2020-08-26
155. ELI LILLY & CO COM   2017-03-06 2020-08-26
480. MONDELEZ INTERNATIONAL INC   2018-11-29 2020-08-26
65. THERMO FISHER SCIENTIFIC INC     2020-08-26
75000. MICROSOFT CORP 2.000% 11/03/20   2017-04-13 2020-08-27
75000. TORONTO-DOMINION BAN 2.500% 12/14/20   2017-03-17 2020-08-27
2000. TELADOC INC 3.000% 12/15/22   2018-12-18 2020-09-03
1000. TESLA INC 2.375% 3/15/22   2020-01-24 2020-09-03
122. AT & T INC   2017-03-07 2020-09-22
52. BANK OF AMERICA CORP   2018-11-20 2020-09-22
28. COMCAST CORP CLASS A   2019-06-14 2020-09-22
1164. FERGUSON NEWCO PLC-ADR     2020-09-22
14. LVMH MOET HENNESSY UNSP ADR - ADR   2017-03-07 2020-09-22
15. MICROSOFT CORP   2017-03-07 2020-09-22
17. PHILIP MORRIS INTERNATIONAL IN   2017-03-07 2020-09-22
25. PUBLIC SVC ENTERPRISE GROUP INC   2017-09-26 2020-09-22
19. SIEMENS AG - SPONSORED ADR   2017-03-07 2020-09-22
9. SNAP ON INC   2019-12-11 2020-09-22
179. BROWN FORMAN CORP CL B   2017-06-05 2020-09-23
66. CINTAS CORP   2017-03-10 2020-09-23
101. OLD DOMINION FREIGHT LINES INC     2020-09-23
490. APPLE INC   2017-03-06 2020-09-29
100. NIKE INC CL B   2018-11-29 2020-09-29
7.7732 SKYBRIDGE MULTI-ADVISER HF LLC (RF)     2020-09-30
345.4258 SKYBRIDGE MULTI-ADVISER HF LLC (RF)     2020-09-30
2000. TRANSOCEAN INC 0.500% 1/30/23   2018-07-18 2020-10-07
75000. US TREASURY NOTE 1.875% 4/30/22   2017-05-22 2020-10-08
200. NTT DOCOMO, INC. - ADR     2020-10-12
146. NTT DOCOMO, INC. - ADR   2020-02-04 2020-10-12
1000. INTERCEPT PHARMAS 3.250% 7/01/23   2017-03-15 2020-10-14
100000. DISCOVER CARD EXECUT 2.190% 4/17/23   2017-04-25 2020-10-15
195. MOELIS & CO   2019-07-22 2020-10-21
2000. SERVICENOW INC 6/01/22   2018-07-18 2020-11-10
865. AT & T INC     2020-11-11
270. CME GROUP INC     2020-11-11
455. HAIN CELESTIAL GROUP INC   2015-12-17 2020-11-11
775. SPIRIT AEROSYTSEMS HOLD-CL A     2020-11-11
100. UNITED PARCEL SERVICE-CL B   2017-04-03 2020-11-11
120. TE CONNECTIVITY LTD     2020-11-11
3285. FLEXTRONICS INTL LTD     2020-11-11
3000. ETSY INC 3/01/23   2019-05-20 2020-11-12
3000. MICROCHIP TECHNOLOGY 1.625% 2/15/25   2017-03-15 2020-11-12
150000. US TREASURY NOTE 1.750% 5/15/23     2020-11-12
1000. WELLPOINT INC 2.750% 10/15/42   2019-02-21 2020-11-12
349. AT & T INC     2020-11-16
137. BANK N S HALIFAX     2020-11-16
19. CVS HEALTH CORPORATION   2017-03-07 2020-11-16
33. CISCO SYSTEMS INC   2020-02-04 2020-11-16
741. ING GROEP N.V. - ADR     2020-11-16
10. QUALCOMM INC   2019-06-14 2020-11-16
9. SNAP ON INC   2018-06-14 2020-11-16
10. SNAP ON INC   2019-12-11 2020-11-16
42. VIATRIS INC     2020-11-20
39.75 SIEMENS ENERGY AG (DEEMED RECEIVED)   2020-09-28 2020-11-24
4000. EXACT SCIENCES CORP 1.000% 1/15/25   2018-12-18 2020-11-30
4000. ON SEMICONDUCTO/1 NT 1.000% 12/01/20   2017-10-04 2020-12-01
.6831 VIATRIS INC   2017-06-02 2020-12-02
71. CVS HEALTH CORPORATION     2020-12-09
34. LVMH MOET HENNESSY UNSP ADR - ADR   2017-03-07 2020-12-09
344. PFIZER INC     2020-12-09
42. QUALCOMM INC   2019-06-14 2020-12-09
75000. TOYOTA MOTOR CREDIT 2.750% 5/17/21   2017-03-31 2020-12-09
51. INPHI CORP   2017-03-15 2020-12-10
.566 ON SEMICONDUCTOR CORP   2017-10-04 2020-12-10
68. ON SEMICONDUCTOR CORP   2017-10-04 2020-12-10
409. HD SUPPLY HOLDINGS INC     2020-12-17
1049. HD SUPPLY HOLDINGS INC   2019-09-20 2020-12-17
770. GILEAD SCIENCES INC     2020-12-22
.6854 INPHI CORP   2017-03-15 2020-12-29
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 8,721   6,010 2,711
b 9,245   6,219 3,026
c 31,395   30,385 1,010
d 812   644 168
e 437   303 134
570   237 333
469   478 -9
208   129 79
415   326 89
10,589   8,287 2,302
9,146   11,842 -2,696
6,294   10,322 -4,028
4,522   2,294 2,228
3,170   2,048 1,122
29,927   16,539 13,388
29,302   16,280 13,022
3,859   3,877 -18
3,472   3,765 -293
3,224   2,377 847
3,136   3,233 -97
1,641   1,467 174
1,163   1,533 -370
1,010   2,400 -1,390
979   1,152 -173
3,467   7,588 -4,121
2,968   6,569 -3,601
987   1,206 -219
1,025   1,208 -183
6,525   2,700 3,825
10,103   10,103  
67,902   51,256 16,646
42,681   42,647 34
63,580   27,565 36,015
55,162   40,531 14,631
15,706   16,468 -762
6,526   14,253 -7,727
2,837   4,587 -1,750
2,006   2,053 -47
66   30 36
4,707   4,333 374
1,943   1,518 425
33   42 -9
5,450   5,257 193
11   10 1
3,889   5,271 -1,382
7   9 -2
77,347   75,382 1,965
6,140   5,633 507
5,870   4,474 1,396
10,729   11,186 -457
6,405   4,919 1,486
6,280   4,406 1,874
780   5,684 -4,904
7,474   8,754 -1,280
225,985   251,342 -25,357
17,910   12,102 5,808
16,401   8,285 8,116
21,450   12,596 8,854
36,536   49,176 -12,640
36,385   75,484 -39,099
35,148   10,913 24,235
57,951   33,132 24,819
29,370   17,990 11,380
12   7 5
435   6,500 -6,065
3,830   3,970 -140
2,760   2,760  
2,945   2,945  
6,104   1,822 4,282
17,609   4,863 12,746
26,028   22,670 3,358
23,052   12,927 10,125
27,903   21,460 6,443
27,680   10,215 17,465
75,110   75,536 -426
75,485   75,454 31
9,252   2,700 6,552
6,281   1,822 4,459
3,482   5,122 -1,640
1,238   1,421 -183
1,294   1,188 106
10,625   7,546 3,079
1,290   574 716
3,075   971 2,104
1,309   1,871 -562
1,307   1,163 144
1,258   1,247 11
1,297   1,505 -208
13,646   7,493 6,153
21,298   7,832 13,466
18,621   6,016 12,605
56,111   17,019 39,092
12,676   7,481 5,195
7,892   9,334 -1,442
350,719   398,284 -47,565
380   2,779 -2,399
77,024   75,302 1,722
7,329   4,706 2,623
5,350   4,115 1,235
735   991 -256
100,000   100,805 -805
7,464   6,506 958
2,945   2,945  
24,825   32,542 -7,717
45,044   17,766 27,278
15,643   18,659 -3,016
21,450   51,430 -29,980
16,648   10,635 6,013
13,017   9,063 3,954
50,853   59,594 -8,741
5,554   5,554  
8,062   4,365 3,697
155,795   146,920 8,875
4,603   4,290 313
10,103   13,916 -3,813
6,481   8,112 -1,631
1,399   1,537 -138
1,389   1,563 -174
6,569   10,715 -4,146
1,479   686 793
1,568   1,436 132
1,742   1,672 70
772   593 179
981   975 6
7,018   4,550 2,468
6,009   4,870 1,139
12   9 3
5,238   5,725 -487
4,083   1,393 2,690
14,527   10,974 3,553
6,684   2,883 3,801
75,775   76,233 -458
7,588   3,743 3,845
16   40 -24
2,073   4,829 -2,756
22,847   16,309 6,538
58,598   41,482 17,116
43,824   49,606 -5,782
103   50 53
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
      141,709
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       2,711
b       3,026
c       1,010
d       168
e       134
      333
      -9
      79
      89
      2,302
      -2,696
      -4,028
      2,228
      1,122
      13,388
      13,022
      -18
      -293
      847
      -97
      174
      -370
      -1,390
      -173
      -4,121
      -3,601
      -219
      -183
      3,825
       
      16,646
      34
      36,015
      14,631
      -762
      -7,727
      -1,750
      -47
      36
      374
      425
      -9
      193
      1
      -1,382
      -2
      1,965
      507
      1,396
      -457
      1,486
      1,874
      -4,904
      -1,280
      -25,357
      5,808
      8,116
      8,854
      -12,640
      -39,099
      24,235
      24,819
      11,380
      5
      -6,065
      -140
       
       
      4,282
      12,746
      3,358
      10,125
      6,443
      17,465
      -426
      31
      6,552
      4,459
      -1,640
      -183
      106
      3,079
      716
      2,104
      -562
      144
      11
      -208
      6,153
      13,466
      12,605
      39,092
      5,195
      -1,442
      -47,565
      -2,399
      1,722
      2,623
      1,235
      -256
      -805
      958
       
      -7,717
      27,278
      -3,016
      -29,980
      6,013
      3,954
      -8,741
       
      3,697
      8,875
      313
      -3,813
      -1,631
      -138
      -174
      -4,146
      793
      132
      70
      179
      6
      2,468
      1,139
      3
      -487
      2,690
      3,553
      3,801
      -458
      3,845
      -24
      -2,756
      6,538
      17,116
      -5,782
      53
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 349,977
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 10,053
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 10,053
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 10,053
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,749
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,419
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,168
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 10 115
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet115 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet6325 S RAINBOW BLVD STE 300LAS VEGASNV ZIP+4bullet89118
    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
    Yes
     
    ........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
    Yes
     
    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
    Yes
     
    .........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
    WELLS FARGO BANK N A TRUSTEE
    1     		156,115    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    23,787,049
    b
    Average of monthly cash balances.......................
    1b
    1,477,396
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,264,445
    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
    25,264,445
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    378,967
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,885,478
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,244,274
    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
    1,244,274
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    10,053
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,053
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,234,221
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,234,221
    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
    1,234,221
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,210,000
    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
    1,210,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,210,000
    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 1,234,221
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,187,159
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,210,000
    a Applied to 2019, but not more than line 2a 1,187,159
    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..... 22,841
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 ..........     		1,211,380
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    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).)
    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
    MIDLAND MEMORIAL FOUNDATION
    400 R R GROVER PKWY
    MIDLAND,TX79701     		NONE PC GENERAL OPERATING 1,187,159
    Total .................................bullet 3a 1,187,159
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 600,561  
    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 ............     		    18 349,977  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		      19,474  
    bOMG INCOME       26,487  
    cPARTNERSHIP INCOME       5  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   996,504  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    996,504
    (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:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 7,230     7,230

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Name of Bond End of Year Book Value End of Year Fair Market Value
    92826CAC6 VISA INC 75,728 78,482
    92343XAA8 VERINT SYSTEMS INC 1 3,920 4,386
    872539AA9 TJX COS INC 2.750% 6 76,675 75,520
    14040HBG9 CAPITAL ONE FINANCIA 81,389 81,836
    007800AB1 AEROJET ROCKETDYNE 7,261 10,149
    207410AF8 CONMED CORP 7,045 8,387
    828807CS4 SIMON PROPERTY GROUP 75,833 81,557
    166764AB6 CHEVRON CORP 2.355% 73,502 77,667
    717081DZ3 PFIZER INC 75,530 76,457
    925550AB1 VIAVI SOLUTIONS INC 3,149 3,843
    9128285M8 US TREASURY NOTE 157,131 177,597
    87918AAC9 TELADOC HEALTH INC 7,626 7,458
    00971TAJ0 AKAMAI TECHNOLOGIES 5,718 6,188
    30063PAC9 EXACT SCIENCES CORP 7,380 7,806
    852234AD5 SQUARE INC 7,236 8,400
    94973VBG1 WELLPOINT INC 2.750% 9,237 13,440
    00206RKG6 AT&T INC 75,698 76,522
    912828X88 US TREASURY NOTE 2.3 146,631 167,315
    848637AD6 SPLUNK INC 6,116 6,770
    464337AJ3 ISIS PHARMACEUTICALS 2,925 3,242
    252131AH0 DEXCOM INC 4,335 6,821
    57164YAB3 MARRIOTT VACATION WO 3,025 3,396
    29786AAJ5 ETSY INC 6,513 8,487
    9128286B1 US TREASURY NOTE 152,408 172,196
    452327AH2 ILLUMINA INC PFD SRB 4,134 5,845
    446150AQ7 HUNTINGTON BANCSHARE 80,277 80,147
    04947PAB8 ATLASSIAN INC 6,225 11,472
    912828J27 US TREASURY NOTE 2.0 170,225 187,366
    52603BAA5 LENDINGTREE INC 1,466 1,413
    844741BG2 SOUTHWEST AIRLINES 5,498 7,263
    375558BM4 GILEAD SCIENCES INC 82,994 82,402
    89153VAE9 TOTAL CAPITAL INTL 2 75,213 78,632
    912828U24 US TREASURY NOTE 2.0 141,123 163,260
    049164BH8 ATLAS AIR WORLDWIDE 4,240 4,151
    78012KZG5 ROYAL BANK OF CANADA 76,389 77,054
    30231GAF9 EXXON MOBIL CORPORAT 74,999 80,975
    191216BE9 COCA-COLA CO/THE 3.2 77,264 81,317
    09061GAH4 BIOMARIN PHARMACEUTI 10,539 10,731
    354613AJ0 FRANKLIN RESOURCES 2 75,602 78,124
    55024UAB5 LUMENTUM HLDGS INC 9,610 11,544
    064159FL5 BANK OF NOVA SCOTIA 76,585 76,034
    595017AD6 MICROCHIP TECHNOLOGY 6,981 15,151
    46625HRS1 JPMORGAN CHASE & CO 77,138 83,877
    88160RAD3 TESLA INC 1,822 10,764
    85771PAX0 STATOIL ASA 3.250% 1 76,297 82,639
    713448CG1 PEPSICO INC 2.750% 3 75,812 79,186
    185899AA9 CLEVELAND-CLIFFS INC 2,463 3,884
    64125CAD1 NEUROCRINE BIOSCIENC 5,276 5,519
    91159HHC7 US BANCORP 3.000% 3/ 77,117 77,297
    03753UAB2 APELLIS PHARMACEUTIC 8,680 10,066
    695127AD2 PACIRA PHARMACEUTICA 2,899 3,441
    863667BA8 STRYKER CORP 76,024 76,525
    670704AG0 NUVASIVE INC 4,534 4,030
    66989HAM0 NOVARTIS CAPITAL COR 75,313 77,080
    98138HAF8 WORKDAY INC 4,578 6,684
    037833BU3 APPLE INC 75,692 78,760
    629377CG5 NRG ENERGY INC 5,729 5,682
    438516BM7 HONEYWELL INTERNATIO 74,003 75,888
    25470MAB5 DISH NETWORK CORP 7,013 5,719
    023135BR6 AMAZON.COM INC 75,211 76,511
    531229AB8 LIBERTY MEDIA CORP 1 4,610 5,056
    65366HAB9 NICE SYS INC 4,942 13,606
    912828YS3 US TREASURY NOTE 149,443 162,111
    74432QCG8 PRUDENTIAL FINANCIAL 78,809 78,797
    25468PDF0 WALT DISNEY COMPANY/ 76,426 83,309
    826919AB8 SILICON LABORATORIES 2,496 2,748
    912828W48 US TREASURY NOTE 2.1 172,129 185,733
    68389XAU9 ORACLE CORP 3.400% 7 76,529 82,091
    20030NBW0 COMCAST CORP 75,146 80,701
    046353AV0 ASTRAZENECA PLC 74,209 74,608
    76680RAD9 RINGCENTRAL INC 2,760 9,299
    703343AB9 PATRICK INDUSTRIES 5,757 6,335
    42330PAK3 HELIX ENERGY SOLUTIO 3,107 3,116
    98986TAB4 ZYNGA INC 3,611 4,001
    58933YAF2 MERCK & CO INC 2.800 75,772 79,536

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Name of Stock End of Year Book Value End of Year Fair Market Value
    744573106 PUBLIC SVC ENTERPRIS 5,490 7,054
    46625H100 JPMORGAN CHASE & CO 98,256 161,633
    H2906T109 GARMIN LTD 76,091 87,950
    871829107 SYSCO CORP 68,989 102,108
    438516106 HONEYWELL INTERNATIO 11,621 14,038
    09260D107 BLACKSTONE GROUP INC 65,119 75,828
    017175100 ALLEGHANY CORP DEL N 47,714 45,880
    833034101 SNAP ON INC 11,464 12,664
    94106L109 WASTE MANAGEMENT INC 66,396 79,013
    115637209 BROWN FORMAN CORP CL 19,492 41,145
    679580100 OLD DOMINION FREIGHT 16,180 53,089
    26441C204 DUKE ENERGY HOLDING 10,320 11,353
    172062101 CINCINNATI FINANCIAL 41,696 54,169
    889110102 TOKYO ELECTRON LTD-U 6,573 9,546
    054536107 AXA - ADR 13,072 11,903
    192446102 COGNIZANT TECH SOLUT 67,532 95,882
    25157Y202 DEUTSCHE POST AG ADR 8,322 10,915
    172967424 CITIGROUP INC. 133,534 144,284
    907818108 UNION PACIFIC CORP 43,230 110,981
    92343V104 VERIZON COMMUNICATIO 13,360 14,453
    01973R101 ALLISON TRANSMISSION 41,478 40,025
    09215C105 BLACK KNIGHT INC 44,844 60,078
    87807B107 TC ENERGY CORP 14,552 13,112
    191216100 COCA COLA CO 16,731 19,962
    150870103 CELANESE CORP 57,232 101,353
    641069406 NESTLE S.A. REGISTER 10,031 13,076
    G5960L103 MEDTRONIC PLC 69,102 81,881
    651587107 NEWMARKET CORP 44,144 39,032
    539830109 LOCKHEED MARTIN CORP 14,399 17,749
    31620M106 FIDELITY NATL INFORM 50,523 58,706
    12508E101 CDK GLOBAL INC 30,174 27,159
    34959J207 FORTIVE CORPORATION 5,357 5,018
    031162100 AMGEN INC 52,018 51,042
    883556102 THERMO FISHER SCIENT 15,747 86,169
    517834107 LAS VEGAS SANDS CORP 78,726 83,142
    737446104 POST HOLDINGS INC 43,299 50,707
    037833100 APPLE INC 84,491 443,185
    83175M205 SMITH & NEPHEW PLC - 5,961 6,705
    25243Q205 DIAGEO PLC - ADR 77,269 103,227
    032654105 ANALOG DEVICES INC 5,897 10,341
    097023105 BOEING CO 60,917 53,515
    620076307 MOTOROLA SOLUTIONS, 11,431 13,435
    459506101 INTERNATIONAL FLAVOR 10,363 9,796
    55261F104 M & T BANK CORPORATI 56,885 45,319
    867224107 SUNCOR ENERGY INC NE 93,496 53,360
    874060205 TAKEDA PHARMACEUTIC- 11,209 11,102
    058498106 BALL CORP 12,199 30,749
    771195104 ROCHE HOLDINGS LTD - 8,951 12,275
    654106103 NIKE INC CL B 59,881 140,055
    500472303 PHILIPS ELECTRONICS 6,350 11,484
    83088M102 SKYWORKS SOLUTIONS I 41,729 76,593
    80105N105 SANOFI-ADR 6,467 7,191
    58933Y105 MERCK & CO INC NEW 82,214 109,776
    177376100 CITRIX SYS INC COM 34,506 55,032
    478160104 JOHNSON & JOHNSON 14,065 14,479
    904767704 UNILEVER PLC - ADR 74,979 90,842
    G0750C108 AXALTA COATING SYSTE 35,130 30,977
    Y2573F102 FLEX LTD 47,507 75,067
    G8060N102 SENSATA TECHNOLOGIES 35,847 34,386
    66987V109 NOVARTIS AG - ADR 14,230 20,019
    060505682 BANK OF AMERICA CORP 7,123 9,111
    143130102 CARMAX INC 36,802 54,409
    89151E109 TOTAL S.A. - ADR 100,787 83,862
    718172109 PHILIP MORRIS INTERN 9,816 8,031
    126650100 CVS HEALTH CORPORATI 98,189 101,289
    17275R102 CISCO SYSTEMS INC 92,097 137,114
    92826C839 VISA INC-CLASS A SHR 61,847 78,743
    686330101 ORIX CORPORATION - A 6,571 6,960
    418056107 HASBRO INC 51,504 48,641
    172908105 CINTAS CORP 18,157 54,079
    032095101 AMPHENOL CORP CL A 38,513 70,485
    87612E106 TARGET CORP 37,336 116,510
    G97822103 PERRIGO CO PLC 45,533 40,114
    891160509 TORONTO DOMINION BK 90,803 91,965
    594918104 MICROSOFT CORP 117,076 427,491
    00206R102 AT & T INC 97,761 82,973
    512807108 LAM RESEARCH CORP CO 54,244 136,958
    65339F101 NEXTERA ENERGY INC 6,539 15,430
    00287Y109 ABBVIE INC 44,185 46,075
    20030N101 COMCAST CORP CLASS A 13,644 17,816
    69331C140 PG&E CORP 5.500% PFD 6,550 8,230
    48251W401 KKR & CO INC 6.000% 6,912 7,595
    60786M105 MOELIS & CO 33,186 45,872
    02079K107 ALPHABET INC CL C 125,475 271,541
    11135F101 BROADCOM INC 99,223 148,869
    56501R106 MANULIFE FINANCIAL C 101,302 114,761
    055262505 BASF AKTIENGESELLSCH 11,574 9,505
    09857L108 BOOKING HOLDINGS INC 53,985 77,954
    11135F200 BROADCOM INC PFD 5,274 7,112
    256746108 DOLLAR TREE INC 39,201 52,399
    513272104 LAMB WESTON HOLDINGS 41,741 49,370
    G8473T100 STERIS PLC 43,274 48,522
    251542106 DEUTSCHE BOERSE AG A 12,376 13,655
    65339F770 NEXTERA ENERGY INC P 9,233 10,778
    254687106 WALT DISNEY CO 44,833 108,708
    405217100 HAIN CELESTIAL GROUP 44,622 60,225
    826197501 SIEMENS AG - SPONSOR 10,829 11,415
    911312106 UNITED PARCEL SERVIC 63,563 110,302
    502441306 LVMH MOET HENNESSY U 2,992 9,105
    04247X102 ARMSTRONG WORLD INDU 28,874 48,949
    38141G104 GOLDMAN SACHS GROUP 14,066 16,350
    76131D103 RESTAURANT BRANDS IN 12,320 15,033
    H84989104 TE CONNECTIVITY LTD 41,856 73,247
    075887406 BECTON DICKINSON AND 6,744 6,671
    G25839104 COCA-COLA EUROPEAN P 11,742 15,647
    35137L105 FOX CORP 39,867 31,828
    235851300 DANAHER CORP PFD 12,541 18,212
    09247X101 BLACKROCK INC 66,139 122,662
    86562M209 SUMITOMO TRUST AND B 14,671 11,303
    G29183103 EATON CORP PLC 47,261 49,858
    532457108 ELI LILLY & CO COM 44,274 90,329
    747525103 QUALCOMM INC 5,672 15,082
    749685103 RPM INTERNATIONAL IN 13,031 17,430
    75513E101 RAYTHEON TECHNOLOGIE 61,257 55,063
    37733W105 GLAXOSMITHKLINE PLC 6,181 5,998
    29362U104 ENTEGRIS INC 29,452 93,601
    609207105 MONDELEZ INTERNATION 80,992 111,678
    285512109 ELECTRONIC ARTS INC 70,694 94,776
    460690100 INTERPUBLIC GROUP CO 46,345 53,155
    060505104 BANK OF AMERICA CORP 9,514 10,699
    929160109 VULCAN MATERIALS COM 47,961 60,807
    969457100 WILLIAMS COS INC 14,197 12,652
    110448107 BRITISH AMERICAN TOB 15,757 11,547
    548661107 LOWES COS INC 12,222 22,311
    217204106 COPART INC COM 19,319 81,186
    742718109 PROCTER & GAMBLE CO 14,088 16,558
    91324P102 UNITEDHEALTH GROUP I 61,410 182,354

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MI0143518 CULBERSON COUNTY TEX AT COST 1 17,057
    922042858 VANGUARD FTSE EMERGI AT COST 455,675 592,801
    MI0143534 DAWSON COUNTY TEXAS AT COST 1 1
    27830W108 EV GL MACR ABS RTRN AT COST 200,000 192,922
    MI0143500 ANDREWS COUNTY TEXAS AT COST 1 1
    MI0143732 HOWARD COUNTY TEXAS AT COST 1 1
    31641Q755 FIDELITY NEW MRKTS I AT COST 1,093,324 1,038,039
    87234N765 TCW EMRG MKTS INCM-I AT COST 240,000 249,988
    922031737 VANGUARD INFLAT-PROT AT COST 233,200 255,517
    NBP993844 NB CROSSROADS PRIV M AT COST 65,004 72,630
    BIT990000 BLACKSTONE REAL ESTA AT COST 1,722,416 1,938,733
    921943858 VANGUARD FTSE DEVELO AT COST 263,734 325,796
    862121100 STORE CAPITAL CORP AT COST 33,124 45,567
    MI0143492 ANDREWS COUNTY TEXAS AT COST 1 1
    77958B402 T ROWE PRICE INST FL AT COST 103,294 99,501
    GTY995331 AGILITY MULTI-ASSET AT COST 950,000 895,104
    464287606 ISHARES S&P MID-CAP AT COST 309,387 549,739
    64128R608 NEUBERGER BERMAN LON AT COST 704,869 881,009
    256206103 DODGE & COX INTL STO AT COST 120,000 115,152
    MI0143542 DAWSON COUNTY TEXAS AT COST 1 1
    MI0143724 HOWARD COUNTY TEXAS AT COST 1 55,911
    MI0143740 HOWARD COUNTY TEXAS AT COST 1 1
    00143W859 INV OPP DEVELOP MRKT AT COST 368,000 560,476
    MI0143708 HOWARD COUNTY TEXAS AT COST 1 46,913
    MI0143716 HOWARD COUNTY TEXAS AT COST 1 1
    74440Y884 PGIM HIGH YIELD-Q 10 AT COST 222,136 239,056
    77956H435 T ROWE PR OVERSEAS S AT COST 120,000 128,778
    46434V282 ISHARES EDGE MSCI MF AT COST 238,092 291,943
    90274D382 ETRACS ALERIAN INFRA AT COST 240,619 126,416
    000843201 ACAP STRATEGIC FUND- AT COST 900,000 1,434,980
    78462F103 SPDR S & P 500 ETF T AT COST 1,000,058 1,532,908
    63872T885 ALPHA SIMPLX GLOBAL AT COST 216,649 213,098
    02508H311 AMER CENT SM CAP GRW AT COST 168,000 281,399
    MI0143559 GAINES COUNTY TEXAS AT COST 1 1
    85917K546 STERLING CAPITAL STR AT COST 168,000 138,283
    00203H859 AQR MANAGED FUTURES AT COST 245,665 190,880
    GTC996442 CORBIN MULTI STRATEG AT COST 370,000 329,174
    09260C703 BLACKROCK GL L/S CRE AT COST 488,870 468,047
    464287705 ISHARES S&P MID-CAP AT COST 344,165 459,289
    47803M168 JOHN HANCOCK II-ABSL AT COST 200,000 209,350
    921075438 VAN ECK EMERGING MAR AT COST 240,000 316,720
    464287804 ISHARES CORE S&P SMA AT COST 94,599 291,874

    TY 2020 OtherDecreasesSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Description Amount
    PY RETURN OF CAPITAL ADJ 1,037
    PURCHASE OF ACCRUED INTEREST CARRYOVER 2,170


    TY 2020 OtherExpensesSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES-ADR FEES 335 335   0
    OMG EXPENSES 2,729 2,729   0
    PARTNERSHIP EXPENSES 484 484   0


    TY 2020 OtherIncomeSchedule2
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 19,474 19,474  
    OMG INCOME 26,487 26,487  
    PARTNERSHIP INCOME 5 5  


    TY 2020 OtherIncreasesSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Description Amount
    MUTUAL FUND TIMING ADJ 42,482
    COST BASIS ADJ 664


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 6,966 6,966    


    TY 2020 TaxesSchedule
    Name:
    DAVIS J & N CHAR FND TUW-MAIN
    EIN:
    73-1652786
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 7,344 7,344   0
    FEDERAL ESTIMATES - PRINCIPAL 4,373 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,042 1,042   0
    FOREIGN TAXES ON NONQUALIFIED 1,004 1,004   0