-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
06-01-2019
, and ending
05-31-2020
Name of foundation
THOMAS J WATSON FOUNDATION XXXXX0006
Number and street (or P.O. box number if mail is not delivered to street address)
10 S DEARBORN IL1-0111
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO
,
IL
60603
A Employer identification number
35-7120359
B
Telephone number (see instructions)
(800) 496-2583
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
90,292,570
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
1,312,142
1,312,142
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
5,655,972
b
Gross sales price for all assets on line 6a
24,048,034
7
Capital gain net income (from Part IV, line 2)
...
5,655,972
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)
.......
594,872
610,682
12
Total.
Add lines 1 through 11
........
7,562,986
7,578,796
13
Compensation of officers, directors, trustees, etc.
199,146
86,117
113,029
14
Other employee salaries and wages
......
835,543
0
0
835,543
15
Pension plans, employee benefits
.......
405,925
0
0
385,975
16a
Legal fees (attach schedule)
.........
38,943
0
0
38,943
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
308,959
218,946
90,013
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
332,113
19,722
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
390,689
388,957
21
Travel, conferences, and meetings
.......
104,055
0
0
104,169
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
191,587
172,145
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
2,806,960
324,785
0
2,128,774
25
Contributions, gifts, grants paid
.......
2,073,982
2,073,982
26
Total expenses and disbursements.
Add lines 24 and 25
4,880,942
324,785
0
4,202,756
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
2,682,044
b
Net investment income
(if negative, enter -0-)
7,254,011
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
175,424
31,809
31,809
2
Savings and temporary cash investments
.........
3,364,266
4,975,337
4,975,337
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
28,577,931
23,629,697
33,305,563
c
Investments—corporate bonds (attach schedule)
.......
17,192,736
21,061,357
21,745,816
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
3,109,836
3,079,282
30,234,043
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
2
1
2
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
52,420,195
52,777,483
90,292,570
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
52,420,195
52,777,483
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)
.....
52,420,195
52,777,483
30
Total liabilities and net assets/fund balances
(see instructions)
.
52,420,195
52,777,483
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
52,420,195
2
Enter amount from Part I, line 27a
.....................
2
2,682,044
3
Other increases not included in line 2 (itemize)
3
1,144,010
4
Add lines 1, 2, and 3
..........................
4
56,246,249
5
Decreases not included in line 2 (itemize)
5
3,468,766
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
52,777,483
Form
990-PF
(2019)
Form 990-PF (2019)
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
348. CARMAX INC
2019-06-05
b
996. CARMAX INC
2019-06-06
c
109. CARMAX INC
2016-06-03
2019-06-06
d
725. CARMAX INC
2016-06-03
2019-06-07
e
1358. CARMAX INC
2019-06-10
6947.661 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070
2017-08-08
2019-06-20
5918276. POUND STERLING
2019-07-09
. AMGEN INC
2019-07-17
7587.445 FMI LARGE CAP FUND-INST
2017-07-06
2019-07-22
509. MASTERCARD INC - CLASS A
2019-03-04
2019-07-29
623. VISA INC CLASS A SHARES
2010-05-14
2019-07-29
56. MASTERCARD INC - CLASS A
2019-03-04
2019-07-30
1048. VISA INC CLASS A SHARES
2010-05-14
2019-08-12
745. VISA INC CLASS A SHARES
2010-05-14
2019-08-13
257. VISA INC CLASS A SHARES
2010-05-14
2019-08-13
1968.995 ARTISAN INTL VAL-INST
2019-08-22
4392.699 DODGE & INTERNATIONAL STOCK FUND
2014-04-03
2019-08-22
19920.319 JPM MANAGED INCOME - INSTL FUND 2119
2019-02-28
2019-09-13
5900. ISHARES TR BARCLAYS MBS BD FD
2019-02-27
2019-09-24
28575.702 VANGUARD TOT BD MKT IDX-ADM
2017-08-09
2019-09-24
3896. VANGUARD BD INDEX FD INC
2019-03-08
2019-09-24
1. GOLUB CAPITAL INVESTMENT CORPORATION
2017-01-01
2019-10-04
902. MOHAWK INDS INC
2003-03-17
2019-10-07
311. MOHAWK INDS INC
2019-10-07
487. LIBERTY MEDIA CORP-LIBERTY-C
2019-10-08
112. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-08
46. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-08
68. MOHAWK INDS INC
2003-03-17
2019-10-08
133. MOHAWK INDS INC
2003-03-17
2019-10-08
210. MOHAWK INDS INC
2003-03-17
2019-10-08
10935.305 DOUBLELINE TTL RTRN BND-I
2012-05-02
2019-10-09
4043.659 FMI LARGE CAP FUND-INST
2017-07-06
2019-10-09
325. ISHARES TR 20+ TREAS INDEX FD
2019-09-24
2019-10-09
4300.899 JPM US LARGE CAP CORE PLUS FD - USD - R6 ISIN US48129C6030
2013-04-09
2019-10-09
23. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-09
2. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-09
56. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-09
143. MOHAWK INDS INC
2003-03-17
2019-10-09
53. MOHAWK INDS INC
2003-03-17
2019-10-09
192. MOHAWK INDS INC
2003-03-17
2019-10-09
10224.949 PIMCO SHORT TERM FUND INSTL
2018-01-09
2019-10-09
4994.673 PIMCO INV GRD CRD BND-INST
2018-03-15
2019-10-09
26. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-10
10. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-10
22. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-10
162. MOHAWK INDS INC
2003-03-17
2019-10-10
126. MOHAWK INDS INC
2003-03-17
2019-10-10
69. MOHAWK INDS INC
2003-03-17
2019-10-10
34. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-11
23. LIBERTY MEDIA CORP-LIBERTY-C
2019-03-05
2019-10-11
218. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-11
199. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-11
140. MOHAWK INDS INC
2003-03-17
2019-10-11
50. MOHAWK INDS INC
2003-03-17
2019-10-11
75. MOHAWK INDS INC
2003-03-17
2019-10-11
56. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-14
69. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-14
60. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-14
118. MOHAWK INDS INC
2003-03-17
2019-10-14
14. MOHAWK INDS INC
2003-03-17
2019-10-14
124. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-15
324. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-15
226. MOHAWK INDS INC
2003-03-17
2019-10-15
35. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-16
80. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-16
185. MOHAWK INDS INC
2003-03-17
2019-10-16
125. MOHAWK INDS INC
2003-03-17
2019-10-16
37114.428 JPM MANAGED INCOME - INSTL FUND 2119
2019-02-28
2019-10-17
94. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-17
465. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-17
75. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-18
6. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-18
26. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-21
192. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-21
71. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-21
163. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-22
70. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-22
28. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-23
27. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-23
94. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-23
146. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-24
137. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-25
166. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-10-25
42. ALPHABET INC-CL C
2019-07-16
2019-11-07
17. ALPHABET INC-CL A
2010-07-16
2019-11-07
13. AMAZON COM INC
2016-11-11
2019-11-07
303. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2019-11-07
12. BOOKING HOLDINGS INC
2017-03-09
2019-11-07
644. CARMAX INC
2016-06-06
2019-11-07
36. CONSTELLATION SOFTWARE INC
2016-10-24
2019-11-07
67. CREDIT ACCEPTANCE CORP
2019-11-07
131. FACEBOOK INC-A
2019-07-16
2019-11-07
229. JACOBS ENGR GROUP INC
2017-05-24
2019-11-07
140. JACOBS ENGR GROUP INC
2019-01-14
2019-11-07
182. LIBERTY BROADBAND-C
2019-11-07
712. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-11-07
6540. POUND STERLING
2018-11-19
2019-11-07
559. SCHWAB CHARLES CORP NEW
2019-03-05
2019-11-07
154. VISA INC CLASS A SHARES
2010-05-14
2019-11-07
788. VIVENDI SA - EURO
2019-03-08
2019-11-07
1586. CEMEX FINANCE LLC 9 1/2% DEC 14 2016 DTD 12/14/2009
2019-03-07
2019-11-07
1881. A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7
2019-11-08
122. AMAZON COM INC
2016-11-11
2019-11-15
37147.595 JPM MANAGED INCOME - INSTL FUND 2119
2019-02-28
2019-11-15
1. AMAZON COM INC
2016-11-11
2019-11-18
41056.404 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070
2017-08-08
2019-11-18
13880.597 JPM MANAGED INCOME - INSTL FUND 2119
2019-02-28
2019-11-21
120. CARMAX INC
2016-06-06
2019-11-27
50. CARMAX INC
2016-06-06
2019-11-27
112. CARMAX INC
2016-06-06
2019-11-27
76. CARMAX INC
2016-06-06
2019-11-29
39. CARMAX INC
2016-06-06
2019-11-29
76. CARMAX INC
2016-06-06
2019-12-02
63. CARMAX INC
2016-06-06
2019-12-02
114. CARMAX INC
2016-06-06
2019-12-02
394. CARMAX INC
2016-06-06
2019-12-03
300. CARMAX INC
2019-12-03
153. CARMAX INC
2016-10-17
2019-12-04
177. CARMAX INC
2016-10-17
2019-12-04
263. CARMAX INC
2016-10-17
2019-12-05
12. CARMAX INC
2016-10-17
2019-12-05
102. CARMAX INC
2016-10-17
2019-12-05
330. CARMAX INC
2019-12-06
211. CARMAX INC
2016-10-18
2019-12-06
183. CARMAX INC
2016-10-18
2019-12-06
35223.881 JPM MANAGED INCOME - INSTL FUND 2119
2019-02-28
2019-12-06
127. CARMAX INC
2016-10-18
2019-12-09
296. CARMAX INC
2016-10-18
2019-12-09
102. CARMAX INC
2016-10-18
2019-12-09
151. CARMAX INC
2016-10-18
2019-12-10
173. CARMAX INC
2016-10-18
2019-12-10
78. CARMAX INC
2019-12-10
3161. PROSUS NV ISIN NL0013654783 SEDOL BJDS7L3
2019-09-16
2019-12-20
35. ALPHABET INC-CL C
2019-07-16
2019-12-20
345. ALPHABET INC-CL C
2019-12-20
159. ALPHABET INC-CL A
2010-07-16
2019-12-20
84. AMAZON COM INC
2016-11-11
2019-12-20
1. BERKSHIRE HATHAWAY INC
1996-11-04
2019-12-20
928. BERKSHIRE HATHAWAY INC DEL CL B
2019-12-20
89. BOOKING HOLDINGS INC
2019-12-20
4215. CARMAX INC
2019-12-20
290. CONSTELLATION SOFTWARE INC
2016-10-24
2019-12-20
383. CREDIT ACCEPTANCE CORP
2019-12-20
229. CREDIT ACCEPTANCE CORP
2019-12-20
752. FACEBOOK INC-A
2019-07-16
2019-12-20
460. FACEBOOK INC-A
2019-12-20
2977. JACOBS ENGR GROUP INC
2019-12-20
665. LIBERTY BROADBAND-A
2019-12-20
1510. LIBERTY BROADBAND-C
2019-12-20
5441. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2019-12-20
52765. POUND STERLING
2019-12-20
1925. SCHWAB CHARLES CORP NEW
2019-12-20
2582. SCHWAB CHARLES CORP NEW
2019-12-20
1452. TAIWAN SEMICONDUCTOR MFG CO LTD
2019-12-20
178. UNITEDHEALTH GROUP INC
2019-11-15
2019-12-20
1318. VISA INC CLASS A SHARES
2010-05-14
2019-12-20
3034. VIVENDI SA - EURO
2019-12-20
3454. VIVENDI SA - EURO
2019-12-20
2169. WAYFAIR INC- CLASS A
2019-12-20
303. EUROFINS SCIENTIFIC HELD BY EUROCLEAR
2019-12-20
5953. HISCOX ORD GBP ISIN BMG4593F1389 SEDOL BVZHXQ9
2010-04-29
2019-12-20
554. HISCOX ORD GBP ISIN BMG4593F1389 SEDOL BVZHXQ9
2019-03-07
2019-12-20
24264. CEMEX FINANCE LLC 9 1/2% DEC 14 2016 DTD 12/14/2009
2019-12-20
4335. A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7
2019-12-23
10839. A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7
2019-12-23
5074076. POUND STERLING
2019-11-05
2020-01-06
. CENDANT CORP 7.50% CV PFD
2020-01-13
22581. VIVENDI SA - EURO
2020-01-14
1194. EUROFINS SCIENTIFIC HELD BY EUROCLEAR
2020-01-14
94. JACOBS ENGR GROUP INC
2017-06-06
2020-01-27
67. JACOBS ENGR GROUP INC
2017-06-06
2020-01-27
57. JACOBS ENGR GROUP INC
2017-06-06
2020-01-27
23. LIBERTY BROADBAND-C
2018-03-26
2020-01-27
11. LIBERTY BROADBAND-C
2018-03-26
2020-01-27
99. LIBERTY BROADBAND-C
2020-01-27
54. ALPHABET INC-CL A
2010-07-16
2020-01-28
91. JACOBS ENGR GROUP INC
2017-06-06
2020-01-28
180. JACOBS ENGR GROUP INC
2017-06-06
2020-01-28
33. JACOBS ENGR GROUP INC
2017-06-06
2020-01-28
8756.219 JPM MANAGED INCOME - INSTL FUND 2119
2019-12-30
2020-01-28
97. LIBERTY BROADBAND-C
2018-03-27
2020-01-28
139. LIBERTY BROADBAND-C
2020-01-28
20. LIBERTY BROADBAND-C
2018-03-27
2020-01-28
569. VISA INC CLASS A SHARES
2010-05-14
2020-01-28
116. JACOBS ENGR GROUP INC
2017-06-06
2020-01-29
50. JACOBS ENGR GROUP INC
2017-06-06
2020-01-29
110. JACOBS ENGR GROUP INC
2017-06-06
2020-01-29
235. JACOBS ENGR GROUP INC
2017-06-06
2020-01-30
107. JACOBS ENGR GROUP INC
2017-06-06
2020-01-30
20. JACOBS ENGR GROUP INC
2017-06-06
2020-01-30
87. LIBERTY BROADBAND-C
2018-03-27
2020-01-30
55. LIBERTY BROADBAND-C
2020-01-30
56. LIBERTY BROADBAND-C
2018-03-27
2020-01-30
120. JACOBS ENGR GROUP INC
2017-06-06
2020-01-31
3896. ISHARES MSCI JAPAN ETF
2018-01-02
2020-02-11
433. PROSUS NV ISIN NL0013654783 SEDOL BJDS7L3
2019-09-16
2020-02-19
166. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2020-02-19
5. LIBERTY MEDIA CORP-LIBERTY-A
2019-03-04
2020-02-19
423. NASPERS LIMITED
2020-02-28
171. ALPHABET INC-CL C
2010-06-07
2020-03-02
64. ALPHABET INC-CL A
2010-07-16
2020-03-02
38. AMAZON COM INC
2016-11-11
2020-03-02
490. ARISTA NETWORKS INC
2020-03-02
1002. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-03-02
22. BOOKING HOLDINGS INC
2017-03-08
2020-03-02
1915. CARMAX INC
2020-03-02
130. CONSTELLATION SOFTWARE INC
2020-03-02
278. CREDIT ACCEPTANCE CORP
2020-03-02
543. FACEBOOK INC-A
2018-03-26
2020-03-02
1178. JACOBS ENGR GROUP INC
2020-03-02
291. LIBERTY BROADBAND-A
2018-03-27
2020-03-02
585. LIBERTY BROADBAND-C
2020-03-02
2392. LIBERTY MEDIA CORP-LIBERTY-C
2017-01-10
2020-03-02
2020. SCHWAB CHARLES CORP NEW
2020-03-02
749. TAIWAN SEMICONDUCTOR MFG CO LTD
2020-03-02
247. UNITEDHEALTH GROUP INC
2020-01-28
2020-03-02
609. VISA INC CLASS A SHARES
2010-05-14
2020-03-02
372. NASPERS LIMITED
2018-01-29
2020-03-02
79. BOOKING HOLDINGS INC
2017-03-08
2020-03-03
6797. A2 MILK CO LTD ISIN NZATME0002S8 SEDOL BWSRTS7
2020-03-03
23635. POUND STERLING
2018-10-19
2020-03-03
154. EUROFINS SCIENTIFIC ISIN FR0000038259 SEDOL 5972643
2020-01-14
2020-03-03
2906. VIVENDI UNIVERSAL S A ORD
2020-01-14
2020-03-03
2593. HISCOX ORD GBP ISIN BMG4593F1389 SEDOL BVZHXQ9
2020-03-03
163. NASPERS LIMITED
2020-03-03
12653. CEMEX FINANCE LLC 9 1/2% DEC 14 2016 DTD 12/14/2009
2020-03-03
18. BOOKING HOLDINGS INC
2017-03-08
2020-03-04
43. NASPERS LIMITED
2018-01-19
2020-03-04
12064.345 FIDELITY INTL INDX-INST PRM
2018-02-13
2020-03-05
126. NASPERS LIMITED
2020-03-05
102. JACOBS ENGR GROUP INC
2020-03-06
119. JACOBS ENGR GROUP INC
2017-08-23
2020-03-06
164. JACOBS ENGR GROUP INC
2017-08-23
2020-03-06
134. LIBERTY BROADBAND-C
2018-03-26
2020-03-06
19. LIBERTY BROADBAND-C
2018-03-26
2020-03-06
122. LIBERTY BROADBAND-C
2020-03-06
122. NASPERS LIMITED
2018-01-18
2020-03-06
3100. JPMORGAN BETABUILDERS CANADA
2018-08-15
2020-03-09
2049. JPMORGAN BETABUILDERS CANADA
2018-08-15
2020-03-09
178. JACOBS ENGR GROUP INC
2020-03-09
200. JACOBS ENGR GROUP INC
2020-03-09
95. LIBERTY BROADBAND-C
2018-03-26
2020-03-09
29. LIBERTY BROADBAND-C
2018-03-26
2020-03-09
5378. SCHWAB U.S. TIPS ETF
2018-10-04
2020-03-09
94. NASPERS LIMITED
2018-01-18
2020-03-09
238. NASPERS LIMITED
2020-03-10
35. ALPHABET INC-CL A
2010-07-16
2020-03-11
235. NASPERS LIMITED
2018-02-07
2020-03-11
251. NASPERS LIMITED
2020-03-12
56. NASPERS LIMITED
2018-02-06
2020-03-13
61. NASPERS LIMITED
2018-02-06
2020-03-16
1. BERKSHIRE HATHAWAY INC
1996-11-04
2020-03-17
542. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-03-17
3058.882 FIDELITY 500 INDEX-INST PRM
2020-03-17
79. NASPERS LIMITED
2018-02-06
2020-03-17
219. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-03-18
80. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-03-18
2355.188 FIDELITY INTL INDX-INST PRM
2018-02-13
2020-03-18
1203. JPMORGAN BETABUILDERS EUROPE ETF
2020-02-11
2020-03-18
2703. JPMORGAN BETABUILDERS EUROPE ETF
2020-02-11
2020-03-18
66. NASPERS LIMITED
2018-02-06
2020-03-18
40. AMAZON COM INC
2016-11-11
2020-03-20
19. AMAZON COM INC
2016-11-11
2020-03-23
9. CONSTELLATION SOFTWARE INC
2017-02-01
2020-03-24
82. NASPERS LIMITED
2018-02-06
2020-03-26
1292. ISHARES TR 20+ TREAS INDEX FD
2019-09-24
2020-04-01
253. ALPHABET INC-CL A
2010-07-16
2020-04-09
200. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-04-09
72. BOOKING HOLDINGS INC
2020-04-09
51. BOOKING HOLDINGS INC
2017-03-07
2020-04-09
217. CARMAX INC
2016-05-13
2020-04-09
284. CARMAX INC
2020-04-09
57. CARMAX INC
2016-10-27
2020-04-09
10. CONSTELLATION SOFTWARE INC
2020-04-09
426. SCHWAB CHARLES CORP NEW
2020-03-06
2020-04-09
231. SCHWAB CHARLES CORP NEW
2020-03-06
2020-04-09
463. SCHWAB CHARLES CORP NEW
2020-03-06
2020-04-09
722. SCHWAB CHARLES CORP NEW
2020-03-06
2020-04-09
574. VISA INC CLASS A SHARES
2010-05-14
2020-04-09
277. VISA INC CLASS A SHARES
2010-05-14
2020-04-09
192. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-04-13
124. CARMAX INC
2016-10-27
2020-04-13
38. CARMAX INC
2016-10-27
2020-04-13
36. CARMAX INC
2016-10-27
2020-04-13
7. CONSTELLATION SOFTWARE INC
2016-12-14
2020-04-13
710. SCHWAB CHARLES CORP NEW
2020-04-13
326. SCHWAB CHARLES CORP NEW
2020-03-09
2020-04-13
225. SCHWAB CHARLES CORP NEW
2020-03-09
2020-04-13
57. VISA INC CLASS A SHARES
2010-05-14
2020-04-13
31. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-04-14
1. BERKSHIRE HATHAWAY INC DEL CL B
1996-11-04
2020-04-14
91. CARMAX INC
2016-10-27
2020-04-14
176. CARMAX INC
2016-10-27
2020-04-14
135. CARMAX INC
2016-10-27
2020-04-14
94. CARMAX INC
2016-10-27
2020-04-14
127. SCHWAB CHARLES CORP NEW
2020-03-09
2020-04-14
40. SCHWAB CHARLES CORP NEW
2020-03-09
2020-04-14
32. NASPERS LIMITED
2018-02-06
2020-04-16
582. CARMAX INC
2016-10-27
2020-04-17
390. CARMAX INC
2016-10-27
2020-04-17
447. CARMAX INC
2016-10-27
2020-04-17
381. CARMAX INC
2016-10-27
2020-04-17
286. CARMAX INC
2016-10-27
2020-04-20
319. CARMAX INC
2016-10-27
2020-04-20
358. CARMAX INC
2020-04-20
87. CARMAX INC
2016-05-17
2020-04-20
91. WAYFAIR INC- CLASS A
2019-08-12
2020-04-20
72. WAYFAIR INC- CLASS A
2019-08-12
2020-04-20
109. WAYFAIR INC- CLASS A
2019-08-12
2020-04-20
15. WAYFAIR INC- CLASS A
2019-08-12
2020-04-20
148. WAYFAIR INC- CLASS A
2020-04-20
106. WAYFAIR INC- CLASS A
2020-04-21
74. WAYFAIR INC- CLASS A
2019-08-14
2020-04-21
102. WAYFAIR INC- CLASS A
2019-08-14
2020-04-21
72. WAYFAIR INC- CLASS A
2019-08-14
2020-04-21
105. WAYFAIR INC- CLASS A
2019-08-14
2020-04-23
108. WAYFAIR INC- CLASS A
2019-08-14
2020-04-23
8143.969 FIDELITY INTL INDX-INST PRM
2018-02-13
2020-04-29
3423. JPMORGAN BETABUILDERS EUROPE ETF
2020-04-29
22762.479 PIMCO SHORT TERM FUND INSTL
2020-04-29
1016. SPDR TR UNIT SER 1
2017-08-08
2020-04-29
23. NASPERS LIMITED
2018-02-06
2020-04-29
107183. GOLUB CAPITAL BDC INC
1960-11-11
2020-04-30
43. NASPERS LIMITED
2018-02-06
2020-04-30
3. BOOKING HOLDINGS INC
2017-03-07
2020-05-04
67. BOOKING HOLDINGS INC
2020-05-04
15. BOOKING HOLDINGS INC
2020-03-17
2020-05-04
39. BOOKING HOLDINGS INC
2020-03-17
2020-05-05
23. BOOKING HOLDINGS INC
2020-03-17
2020-05-05
24. BOOKING HOLDINGS INC
2020-03-17
2020-05-05
7. BOOKING HOLDINGS INC
2020-03-17
2020-05-06
10. BOOKING HOLDINGS INC
2020-03-17
2020-05-06
14. BOOKING HOLDINGS INC
2020-05-06
17. BOOKING HOLDINGS INC
2020-05-06
31673.944 DOUBLELINE TTL RTRN BND-I
2020-05-08
1143. ISHARES TR 7-10 YR TREAS INDEX FD
2019-02-27
2020-05-08
1. GOLDENTREE OFFSHORE FUND, LTD. (NON-SELF DEALING FIDUCIARY
2018-01-01
2020-05-31
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
27,942
21,129
6,813
b
79,465
59,862
19,603
c
8,696
5,591
3,105
d
58,084
37,189
20,895
e
110,928
69,650
41,278
150,000
147,916
2,084
7,378
7,378
61
61
151,977
161,309
-9,332
143,333
115,047
28,286
114,328
12,036
102,292
15,611
12,657
2,954
184,834
20,247
164,587
131,713
14,393
117,320
45,584
4,965
40,619
66,296
51,094
15,202
171,271
195,958
-24,687
200,000
199,602
398
638,123
620,636
17,487
318,048
308,903
9,145
314,770
307,950
6,820
13
1
12
112,665
39,444
73,221
38,846
42,701
-3,855
19,995
16,408
3,587
4,604
3,773
831
1,889
1,550
339
8,375
2,974
5,401
16,395
5,816
10,579
25,863
9,183
16,680
118,101
122,475
-4,374
79,458
85,968
-6,510
46,806
46,607
199
101,888
105,854
-3,966
943
775
168
82
67
15
2,296
1,887
409
17,599
6,253
11,346
6,528
2,318
4,210
23,616
8,396
15,220
100,000
101,023
-1,023
54,592
51,166
3,426
1,069
876
193
412
337
75
903
741
162
19,992
7,084
12,908
15,536
5,510
10,026
8,519
3,017
5,502
1,411
850
561
955
775
180
8,998
5,450
3,548
8,227
4,975
3,252
17,506
6,122
11,384
6,263
2,186
4,077
9,409
3,280
6,129
2,313
1,400
913
2,835
1,725
1,110
2,465
1,500
965
14,540
5,160
9,380
1,728
612
1,116
5,093
3,100
1,993
13,287
8,100
5,187
28,254
9,883
18,371
1,435
875
560
3,278
2,000
1,278
23,378
8,090
15,288
15,780
5,466
10,314
373,000
371,887
1,113
3,882
2,350
1,532
19,239
11,625
7,614
3,107
1,875
1,232
249
150
99
1,079
650
429
7,973
4,800
3,173
2,957
1,775
1,182
6,780
4,075
2,705
2,912
1,750
1,162
1,161
700
461
1,125
675
450
3,905
2,350
1,555
6,050
3,650
2,400
5,704
3,425
2,279
6,933
4,150
2,783
55,146
48,476
6,670
22,293
3,999
18,294
23,402
9,569
13,833
67,256
6,525
60,731
22,464
20,981
1,483
61,107
33,010
28,097
33,291
15,896
17,395
28,239
29,521
-1,282
25,008
26,704
-1,696
22,103
12,099
10,004
13,512
8,443
5,069
21,111
15,322
5,789
28,617
17,800
10,817
18,539
14,544
3,995
24,327
25,562
-1,235
27,398
2,975
24,423
21,212
22,747
-1,535
15,561
18,781
-3,220
14,751
18,655
-3,904
213,376
89,800
123,576
373,333
372,219
1,114
1,750
736
1,014
934,854
874,091
60,763
139,500
139,084
416
11,799
6,151
5,648
4,921
2,563
2,358
11,019
5,741
5,278
7,416
3,896
3,520
3,814
1,999
1,815
7,354
3,896
3,458
6,114
3,229
2,885
11,049
5,843
5,206
37,750
20,195
17,555
28,770
15,376
13,394
14,810
7,834
6,976
17,199
9,063
8,136
25,285
13,466
11,819
1,155
614
541
9,819
5,223
4,596
32,157
16,875
15,282
20,575
10,775
9,800
17,848
9,345
8,503
354,000
352,943
1,057
12,287
6,485
5,802
28,689
15,116
13,573
9,894
5,209
4,685
14,608
7,711
6,897
16,741
8,835
7,906
7,545
3,981
3,564
230,756
250,231
-19,475
47,354
40,396
6,958
466,779
136,341
330,438
215,174
37,402
177,772
150,443
61,829
88,614
340,783
32,303
308,480
210,933
19,985
190,948
179,418
155,308
24,110
393,614
214,750
178,864
282,606
128,054
154,552
170,037
166,550
3,487
101,667
45,539
56,128
153,791
153,292
499
94,074
71,583
22,491
265,646
156,858
108,788
80,776
55,408
25,368
184,913
126,582
58,331
250,891
136,025
114,866
159,064
116,209
42,855
92,591
87,790
4,801
124,192
71,760
52,432
84,457
71,781
12,676
52,585
47,263
5,322
245,983
25,463
220,520
85,849
87,010
-1,161
97,734
92,987
4,747
182,330
269,449
-87,119
165,668
123,867
41,801
108,816
43,493
65,323
10,127
11,776
-1,649
218,434
235,317
-16,883
43,247
38,030
5,217
108,134
74,394
33,740
6,677
6,677
18
18
615,250
597,330
17,920
470,312
465,795
4,517
9,008
4,894
4,114
6,396
3,488
2,908
5,475
2,968
2,507
2,986
1,924
1,062
1,431
920
511
12,872
8,278
4,594
77,682
12,702
64,980
8,656
4,738
3,918
17,114
9,372
7,742
3,132
1,718
1,414
88,000
87,912
88
12,641
8,110
4,531
18,117
11,620
6,497
2,602
1,672
930
115,610
10,993
104,617
11,023
6,040
4,983
4,750
2,603
2,147
10,466
5,727
4,739
22,125
12,235
9,890
10,075
5,571
4,504
1,889
1,041
848
11,042
7,273
3,769
6,967
4,587
2,380
7,114
4,668
2,446
11,145
6,248
4,897
232,466
234,874
-2,408
33,392
34,277
-885
7,798
4,150
3,648
222
167
55
64,301
129,622
-65,321
231,727
42,044
189,683
86,527
15,055
71,472
72,409
27,970
44,439
94,954
98,422
-3,468
210,479
21,578
188,901
37,140
38,349
-1,209
168,329
97,386
70,943
130,601
57,371
73,230
109,140
54,847
54,293
103,852
84,458
19,394
112,236
61,169
51,067
36,328
24,163
12,165
74,152
48,730
25,422
88,533
59,800
28,733
81,892
56,082
25,810
41,201
36,320
4,881
65,921
70,736
-4,815
114,336
11,766
102,570
59,364
113,486
-54,122
133,151
137,708
-4,557
70,269
46,041
24,228
62,512
51,477
11,035
78,297
60,660
17,637
75,513
79,178
-3,665
42,648
18,866
23,782
25,988
49,687
-23,699
99,484
114,849
-15,365
30,450
31,376
-926
6,678
13,100
-6,422
471,113
513,579
-42,466
19,837
38,321
-18,484
9,515
5,246
4,269
11,118
6,116
5,002
15,283
8,429
6,854
16,427
11,159
5,268
2,332
1,582
750
14,947
10,154
4,793
18,499
37,054
-18,555
64,913
75,663
-10,750
42,772
50,011
-7,239
15,695
8,979
6,716
17,604
10,003
7,601
11,119
7,904
3,215
3,393
2,413
980
314,998
287,497
27,501
13,653
28,550
-14,897
36,403
71,265
-34,862
42,690
8,233
34,457
35,029
60,470
-25,441
35,557
63,956
-28,399
7,566
14,240
-6,674
7,218
15,511
-8,293
271,248
32,303
238,945
97,729
11,672
86,057
269,335
324,036
-54,701
9,059
20,089
-11,030
38,888
4,716
34,172
14,297
1,723
12,574
68,630
100,260
-31,630
19,500
30,845
-11,345
44,601
69,305
-24,704
7,318
16,783
-9,465
74,597
29,443
45,154
35,206
13,985
21,221
7,689
3,964
3,725
11,778
20,851
-9,073
217,819
185,281
32,538
305,965
59,513
246,452
38,764
4,307
34,457
102,588
125,081
-22,493
73,457
88,358
-14,901
14,695
11,033
3,662
19,183
14,424
4,759
3,915
2,894
1,021
9,174
4,402
4,772
15,571
14,615
956
8,486
7,925
561
16,904
15,885
1,019
26,735
24,771
1,964
99,813
11,090
88,723
48,173
5,352
42,821
36,249
4,135
32,114
7,949
6,296
1,653
2,436
1,930
506
2,253
1,828
425
6,318
3,077
3,241
24,898
23,495
1,403
11,458
10,058
1,400
7,902
6,942
960
9,696
1,101
8,595
5,981
668
5,313
193
22
171
5,909
4,621
1,288
11,421
8,937
2,484
8,764
6,855
1,909
6,086
4,773
1,313
4,495
3,918
577
1,427
1,234
193
4,600
8,137
-3,537
37,414
29,553
7,861
25,104
19,803
5,301
28,854
22,698
6,156
24,638
19,346
5,292
18,497
14,522
3,975
20,671
16,198
4,473
23,162
18,160
5,002
5,585
4,413
1,172
9,305
11,277
-1,972
7,403
8,923
-1,520
10,993
13,508
-2,515
1,522
1,859
-337
14,978
18,318
-3,340
10,901
13,011
-2,110
7,608
8,554
-946
10,414
11,791
-1,377
7,389
8,323
-934
10,659
12,138
-1,479
10,991
12,485
-1,494
291,636
346,689
-55,053
70,252
87,755
-17,503
219,203
223,445
-4,242
297,888
251,231
46,657
3,480
5,849
-2,369
1,097,240
1,097,240
6,542
10,934
-4,392
4,238
5,198
-960
94,609
114,342
-19,733
21,181
19,732
1,449
55,169
51,303
3,866
32,623
30,256
2,367
34,120
31,571
2,549
9,714
9,208
506
13,666
13,155
511
19,124
18,088
1,036
23,613
21,300
2,313
334,477
346,471
-11,994
138,903
119,321
19,582
63,574
30,555
33,019
222,724
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
6,813
b
19,603
c
3,105
d
20,895
e
41,278
2,084
61
-9,332
28,286
102,292
2,954
164,587
117,320
40,619
15,202
-24,687
398
17,487
9,145
6,820
12
73,221
-3,855
3,587
831
339
5,401
10,579
16,680
-4,374
-6,510
199
-3,966
168
15
409
11,346
4,210
15,220
-1,023
3,426
193
75
162
12,908
10,026
5,502
561
180
3,548
3,252
11,384
4,077
6,129
913
1,110
965
9,380
1,116
1,993
5,187
18,371
560
1,278
15,288
10,314
1,113
1,532
7,614
1,232
99
429
3,173
1,182
2,705
1,162
461
450
1,555
2,400
2,279
2,783
6,670
18,294
13,833
60,731
1,483
28,097
17,395
-1,282
-1,696
10,004
5,069
5,789
10,817
3,995
-1,235
24,423
-1,535
-3,220
-3,904
123,576
1,114
1,014
60,763
416
5,648
2,358
5,278
3,520
1,815
3,458
2,885
5,206
17,555
13,394
6,976
8,136
11,819
541
4,596
15,282
9,800
8,503
1,057
5,802
13,573
4,685
6,897
7,906
3,564
-19,475
6,958
330,438
177,772
88,614
308,480
190,948
24,110
178,864
154,552
3,487
56,128
499
22,491
108,788
25,368
58,331
114,866
42,855
4,801
52,432
12,676
5,322
220,520
-1,161
4,747
-87,119
41,801
65,323
-1,649
-16,883
5,217
33,740
6,677
18
17,920
4,517
4,114
2,908
2,507
1,062
511
4,594
64,980
3,918
7,742
1,414
88
4,531
6,497
930
104,617
4,983
2,147
4,739
9,890
4,504
848
3,769
2,380
2,446
4,897
-2,408
-885
3,648
55
-65,321
189,683
71,472
44,439
-3,468
188,901
-1,209
70,943
73,230
54,293
19,394
51,067
12,165
25,422
28,733
25,810
4,881
-4,815
102,570
-54,122
-4,557
24,228
11,035
17,637
-3,665
23,782
-23,699
-15,365
-926
-6,422
-42,466
-18,484
4,269
5,002
6,854
5,268
750
4,793
-18,555
-10,750
-7,239
6,716
7,601
3,215
980
27,501
-14,897
-34,862
34,457
-25,441
-28,399
-6,674
-8,293
238,945
86,057
-54,701
-11,030
34,172
12,574
-31,630
-11,345
-24,704
-9,465
45,154
21,221
3,725
-9,073
32,538
246,452
34,457
-22,493
-14,901
3,662
4,759
1,021
4,772
956
561
1,019
1,964
88,723
42,821
32,114
1,653
506
425
3,241
1,403
1,400
960
8,595
5,313
171
1,288
2,484
1,909
1,313
577
193
-3,537
7,861
5,301
6,156
5,292
3,975
4,473
5,002
1,172
-1,972
-1,520
-2,515
-337
-3,340
-2,110
-946
-1,377
-934
-1,479
-1,494
-55,053
-17,503
-4,242
46,657
-2,369
-4,392
-960
-19,733
1,449
3,866
2,367
2,549
506
511
1,036
2,313
-11,994
19,582
33,019
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
5,655,972
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
3,797,445
83,548,086
0.045452
2017
3,718,352
83,450,146
0.044558
2016
4,469,724
73,966,942
0.060429
2015
3,150,999
88,298,002
0.035686
2014
6,254,686
100,076,667
0.062499
2
Total
of line 1, column (d)
.....................
2
0.248624
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.049725
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
86,622,154
5
Multiply line 4 by line 3
......................
5
4,307,287
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
72,540
7
Add lines 5 and 6
........................
7
4,379,827
8
Enter qualifying distributions from Part XII, line 4
,.............
8
4,202,756
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
145,080
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% 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
145,080
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
145,080
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
185,661
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
40,000
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
225,661
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
80,581
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
80,581
Refunded
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 Instructions
for 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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
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)
DE
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 2019 or the taxable year beginning in 2019? 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
(2019)
Form 990-PF (2019)
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 address
WATSONFELLOWSHIP.ORG
14
The books are in care of
JPMORGAN TRUST CO OF DELAWARE
Telephone no.
(800) 496-2583
Located at
10 S DEARBORN IL1-0111
CHICAGO
IL
ZIP+4
60603
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
No
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
No
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
JPMORGAN TRUST COMPANY OF DELAWARE
TRUSTEE
30
199,146
10 S DEARBORN IL1-0111
CHICAGO
,
IL
60603
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
CHRIS KASABACH
DIRECTOR
0
370,833
79,234
11 PARK PLACE STE 1503
NEW YORK
,
NE
10007
MICHAEL Z BUBOLO
ASSOC DIRECTOR
0
87,991
29,158
11 PARK PLACE STE 1503
NEW YORK
,
NE
10007
SNEHA SUBRAMANIAN
ASSOC DIRECTOR
0
86,691
29,363
11 PARK PLACE STE 1503
NEW YORK
,
NE
10007
SARA NOLFO
ASSOC DIRECTOR
0
142,040
39,877
11 PARK PLACE STE 1503
NEW YORK
,
NE
10007
JACQUELINE VOLUZ
ASSOC DIRECTOR
0
52,780
23,447
11 PARK PLACE STE 1503
NEW YORK
,
NY
10007
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
RUANE CUNNIFF & GOLDFARB INC
INVESTMENT MANAGEMEN
218,946
9 WEST 57TH ST 5TH FL
NEW YORK
,
NY
10019
Total
number of others receiving over $50,000 for professional services
.............
0
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
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
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
84,412,918
b
Average of monthly cash balances
.......................
1b
3,528,353
c
Fair market value of all other assets (see instructions)
................
1c
2
d
Total
(add lines 1a, b, and c)
.........................
1d
87,941,273
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
87,941,273
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
1,319,119
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
86,622,154
6
Minimum investment return.
Enter 5% of line 5
..................
6
4,331,108
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
4,331,108
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
145,080
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
145,080
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
4,186,028
4
Recoveries of amounts treated as qualifying distributions
................
4
11,045
5
Add lines 3 and 4
............................
5
4,197,073
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
4,197,073
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
4,202,756
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
4,202,756
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
4,202,756
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
4,197,073
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
3,926,100
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
4,202,756
a
Applied to 2018, but not more than line 2a
3,926,100
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 2019 distributable amount
.....
276,656
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
3,920,417
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 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
Form
990-PF
(2019)
Form 990-PF (2019)
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SHENA SUBRAMANIAN
11 PARK PLACE SUITE 1503
NEW YORK
,
NY
10007
(215) 245-8859
b
The form in which applications should be submitted and information and materials they should include:
SEE STATEMENT ATTACHED
c
Any submission deadlines:
FIRST TUESDAY IN NOVEMBER THE SELECTION COMMITTEE'S NOMINEE INFORMATION SHOULD BE SUBMITTED TO
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION BY THE FIRST TUESDAY OF NOVEMBER.
Form
990-PF
(2019)
Form 990-PF (2019)
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)
a
Paid during the year
PLEASE SEE ATTACHED
PLEASE SEE ATTACHED
PLEASE SEE ATTACHED
,
DE
11111
NONE
I
SCHOLARSHIPS
2,073,982
Total
.................................
3a
2,073,982
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
1,312,142
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
5,655,972
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
STATE TAX REFUND
15
46
b
K1 UBTI
900099
-15,856
c
K1 INCOME
15
610,682
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
-15,856
7,578,842
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
7,562,986
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description