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
BRADY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1040
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALISBURY, NC28145
A Employer identification number

58-1705736
B Telephone number (see instructions)

(704) 633-5982
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$584,620J 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) 202,590
2 Check bullet.............
3 Interest on savings and temporary cash investments 566 566  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 203,156 566  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 160      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 187 0   0
25 Contributions, gifts, grants paid....... 188,855 188,855
26 Total expenses and disbursements. Add lines 24 and 25 189,042 0   188,855
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,114
b Net investment income (if negative, enter -0-) 566
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 280,067 293,744 293,744
2 Savings and temporary cash investments......... 290,439 290,876 290,876
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 570,506 584,620 584,620
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........... 570,506 584,620
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 570,506 584,620
30 Total liabilities and net assets/fund balances (see instructions). 570,506 584,620
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
570,506
2
Enter amount from Part I, line 27a .....................
2
14,114
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
584,620
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
584,620
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 8
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 8
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletARTHUR L HATTAWAY JR Telephone no.bullet (704) 633-5982

    Located atbulletPO BOX 1040SALISBURYNC ZIP+4bullet28145
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JANE B ARNOLD PRESIDENT
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC28145
    MARGARET R BRADY VICE PRESIDE
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC28145
    BURL H BRADY SECRETARY/TR
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC28145
    ARTHUR L HATTAWAY JR ASSISTANT SE
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC28145
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    650,554
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    650,554
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    650,554
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    9,758
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    640,796
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    32,040
    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
    32,040
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    32,032
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    32,032
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    32,032
    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
    188,855
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    188,855
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    188,855
    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 32,032
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 66,696
    b From 2016...... 85,045
    c From 2017...... 81,332
    d From 2018...... 135,625
    e From 2019...... 132,486
    fTotal of lines 3a through e........ 501,184
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 188,855
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 32,032
    e Remaining amount distributed out of corpus 156,823
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 658,007
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		66,696
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		591,311
    10 Analysis of line 9:
    a Excess from 2016.... 85,045
    b Excess from 2017.... 81,332
    c Excess from 2018.... 135,625
    d Excess from 2019.... 132,486
    e Excess from 2020.... 156,823
    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
    350ORG
    PO BOX 843004
    BOSTON,MA022843004     		  PC CHARITABLE USE 100
    5POINT FILM
    567 COLORADO AVENUE
    CARBONDALE,CO81623     		  PC CHARITABLE USE 700
    ALS ASSOCIATION GEORGIA CHAPTER
    5881 GLENRIDGE DRIVE
    ATLANTA,GA30328     		  PC CHARITABLE USE 100
    AMERICAN CIVIL LIBERTY UNION
    125 BROAD STREET
    18TH FLOOR
    NEW YORK,NY10004     		  PC CHARITABLE USE 100
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA500370839     		  PC CHARITABLE USE 2,000
    AMERICASHARE
    15 W 26TH STREET
    11TH FLOOR
    NEW YORK,NY10010     		  PC CHARITABLE USE 1,000
    ANDERSON RANCH ARTS CENTER
    5263 OWL CREEK ROAD
    SNOWMASS VILLAGE,CO81615     		  PC CHARITABLE USE 100
    THE ART BASE
    99 MIDLAND SPUR
    BASALT,CO81621     		  PC CHARITABLE USE 1,700
    ASPEN CENTER FOR ENVIRONMENTAL STUD
    100 PUPPY SMITH STREET
    ASPEN,CO81611     		  PC CHARITABLE USE 100
    ASPEN JOURNALISM
    1280 UTE AVENUE
    STE 6
    ASPEN,CO81611     		  PC CHARITABLE USE 600
    ASPEN CHAPEL
    77 MEADOWOOD DRIVE
    ASPEN,CO81611     		  PC CHARITABLE USE 650
    ASPEN COMMUNITY SCHOL
    340 WOODY CREEK MESA
    SNOWMASS,CO81654     		  PC CHARITABLE USE 100
    ASPEN EDUCATION FOUNDATION
    PO BOX 2200
    ASPEN,CO81611     		  PC CHARITABLE USE 500
    ASPEN HISTORICAL SOCIETY
    620 W BLEEKER STREET
    ASPEN,CO81611     		  PC CHARITABLE USE 100
    ASPEN SNOWMASS NORDIC COUNCIL
    PO BOX 10815
    ASPEN,CO81612     		  PC CHARITABLE USE 100
    ASPEN UNITED SOCCER CLUB
    PO BOX 1826
    ASPEN,CO81612     		  PC CHARITABLE USE 450
    ASPEN PUBLIC RADIO
    110 E HALLAMAN ST
    134
    ASPEN,CO81611     		  PC CHARITABLE USE 300
    ASPEN VALLEY LAND TRUST
    320 MAIN STREET
    204
    CARBONDALE,CO81623     		  PC CHARITABLE USE 500
    ATHENS ACADEMY ENDOWMENT FUND
    1281 SPARTAN LANE
    ATHENS,GA30606     		  PC CHARITABLE USE 100
    BLUE RIDGE PARKWAY FOUNDATION
    717 S MARSHALL STREET
    STE 105B
    WINSTON SALEM,NC27101     		  PC CHARITABLE USE 500
    BELL TOWER GREEN INC
    115 S JACKSON STREET
    101
    SALISBURY,NC28144     		  PC CHARITABLE USE 10,000
    BOYS & GIRLS CLUB OF KERSHAW COUNTY
    500 GRACERN ROAD
    COLUMBIA,SC29210     		  PC CHARITABLE USE 5,000
    BRENNAN CENTER FOR JUSTICE
    120 BROADWAY
    SUITE 1750
    NEW YORK,NY10271     		  PC CHARITABLE USE 100
    CAMDEN ARCHIVES & MUSEUM
    1314 BROAD STREET
    CAMDEN,SC29020     		  PC CHARITABLE USE 100
    CAPITAL AREA FOOD BANK
    4900 PUERTO RICO AVE NE
    WASHINGTON,DC20017     		  PC CHARITABLE USE 7,500
    CARBONDALE ARTS
    76 S 4TH STREET
    CARBONDALE,CO81623     		  PC CHARITABLE USE 4,200
    CAROLINA RESOURCE CENTER FOR EATING
    50 S FRENCH AVENUE
    250
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 200
    CATAWBA COLLEGE
    2300 W INNES ST
    SALISBURY,NC28144     		  PC CHARITABLE USE 10,000
    CENTER FOR SCIENCE IN THE PUBLIC IN
    1220 L ST NW
    STE 300
    WASHINGTON,DC20005     		  PC CHARITABLE USE 750
    CHAPEL & YORK US FOUNDATION
    155 E 44TH STREET
    FLOOR 6
    NEW YORK,NY10017     		  PC CHARITABLE USE 1,000
    CITY DOGS RESCUE
    301 H ST NE
    STE B
    WASHINGTON,DC20002     		  PC CHARITABLE USE 2,000
    CITY SURF PROJECT
    1663 VALENCIA STREET
    SAN FRANCISCO,CA94110     		  PC CHARITABLE USE 750
    COMFORT ZONE CAMP
    6606 W BROAD STREET
    401
    RICHMOND,VA23230     		  PC CHARITABLE USE 50
    COMPASSION ASPEN- ANGEL OF HOPE
    MOSAIC PROJECT
    PO BOX 3973
    BASALT,CO81621     		  PC CHARITABLE USE 500
    COMMITTEE TO PROTECT JOURNALISTS
    PO BOX 2675
    NEW YORK,NY10108     		  PC CHARITABLE USE 100
    COMMUNITY MEDICAL CLINIC OF
    KERSHAW COUNTY
    110 E DEKALB STREET
    C
    CAMDEN,SC29020     		  PC CHARITABLE USE 1,700
    COMMUNITY OFFICE RESOURCE
    EFFICIENCY (CORE)
    111 ASPEN AIRPORT
    BUSINESS CENTER M
    ASPEN,CO81611     		  PC CHARITABLE USE 4,000
    CONGRESSIONAL COUNTRY CLUB
    FOUNDATION
    8500 RIVER ROAD
    BETHEDSA,MD20817     		  PC CHARITABLE USE 1,000
    CONSERVATION COLORADO
    1536 WYNKOOP STREET
    STE 510
    DENVER,CO80202     		  PC CHARITABLE USE 200
    DAVI NIKENT CENTER FOR HUMAN
    FLOURISHING
    520 S 3RD STREET
    SUITE 24D
    CARBONDALE,CO81623     		  PC CHARITABLE USE 1,000
    DUKE CANCER CENTER
    20 DUKE MEDICINE CIRCLE
    DURHAM,NC27710     		  PC CHARITABLE USE 1,000
    DUKE SCHOOL
    3716 ERWIN ROAD
    DURHAM,NC27705     		  PC CHARITABLE USE 1,500
    DUKE UNIVERSITY
    BOX 90581
    DURHAM,NC27708     		  PC CHARITABLE USE 2,000
    DUKE UNIVERSITY IRON DUKES
    BOX 90581
    DURHAM,NC27708     		  PC CHARITABLE USE 500
    ENGLISH IN ACTION
    PO BOX 4856
    BASALT,CO81621     		  PC CHARITABLE USE 100
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE STREET
    MONTGOMERY,AL36104     		  PC CHARITABLE USE 100
    FOOD FOR SOUL
    PO BOX 1591
    CAMDEN,SC29021     		  PC CHARITABLE USE 100
    FOSTERING FOSTER ANIMAL RESCUE
    1718 KENNEDY DR
    CAMDEN,SC29020     		  PC CHARITABLE USE 5,600
    GEORGE WASHINGTON UNIVERSITY LAW SC
    2000 H STREET NW
    WASHINGTON,DC20052     		  PC CHARITABLE USE 1,000
    GIVEDIRECTLY INC
    PO BOX 3221
    NEW YORK,NY10008     		  PC CHARITABLE USE 1,000
    GOLF FORE AFRICA
    32531 N SCOTTSDALE ROAD
    105
    SCOTTSDALE,AZ85266     		  PC CHARITABLE USE 500
    HABITAT FOR HUMANITY CAMDEN
    PO BOX 1525
    CAMDEN,SC29021     		  PC CHARITABLE USE 200
    HARVARD UNIVERSITY BUSINESS PROJECT
    124 MOUNT AUBURN ST
    CAMBRIDGE,MA02138     		  PC CHARITABLE USE 1,000
    HISTORIC CAMDEN
    PO BOX 710
    CAMDEN,SC29021     		  PC CHARITABLE USE 8,675
    HOLLINS UNIVERSITY
    PO BOX 9629
    ROANOAKE,VA24020     		  PC CHARITABLE USE 6,970
    I AM FOUNDATION
    1042 N EL CAMINO REAL
    STE B 301
    ENCINITAS,CA92024     		  PC CHARITABLE USE 17,230
    INDEPENDENCE PASS FOUNDATION
    2631 DOLORES WAY
    CABONDALE,CO81623     		  PC CHARITABLE USE 200
    JOHN HOPKINS UNIVERSITY
    550 NORTH BROADWAY
    SUITE 722
    BALTIMORE,MD21205     		  PC CHARITABLE USE 1,000
    JUVENILE DIABETES RESEARCH FOUNDATI
    1400 K STREET NW
    SUITE 725
    WASHINGTON,DC20005     		  PC CHARITABLE USE 1,000
    KDNK COMMUNITY RADIO
    76 SOUTH SECOND STREET
    CARBONDALE,CO81623     		  PC CHARITABLE USE 1,100
    KERSHAW COUNTY HUMANE SOCIETY
    128 BLACK RIVER ROAD
    CAMDEN,SC29020     		  PC CHARITABLE USE 300
    LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE
    SUITE 200
    RYE BROOK,NY10573     		  PC CHARITABLE USE 500
    LIFT UP
    800 RAILROAD AVENUE
    RIFLE,CO81650     		  PC CHARITABLE USE 200
    LUCKY DAY ANIMAL RESCUE
    PO BOX 8856
    ASPEN,CO81611     		  PC CHARITABLE USE 200
    LYTTLETON UNITED METHODIST CHURCH
    1206A LYTTLETON STREET
    CAMDEN,SC29020     		  PC CHARITABLE USE 100
    MD ANDERSON
    PO BOX 4486
    HOUSTON,TX77210     		  PC CHARITABLE USE 1,500
    MIT SLOAN FUND
    600 MEMORIAL DRIVE W98-3
    CAMBRIDGE,MA02139     		  PC CHARITABLE USE 1,000
    MT SOPRIS NORDIC COUNCIL
    PO BOX 246
    CARBONDALE,CO81623     		  PC CHARITABLE USE 1,100
    MARIST SCHOOL
    3790 ASHFORD DUNWOOD RD
    NE
    ATLANTA,GA30319     		  PC CHARITABLE USE 100
    MARTHA'S TABLE
    2375 ELVANS ROAD SE
    WASHINGTON,DC20020     		  PC CHARITABLE USE 4,000
    MEYER CENTER
    1132 RUTHERFORD ROAD
    GREENVILLE,SC29609     		  PC CHARITABLE USE 300
    NAACP LEGAL DEFENSE FUND
    40 RECTOR STREET
    5TH FLOOR
    NEW YORK,NY10006     		  PC CHARITABLE USE 100
    NATIONAL CATHEDRAL SCHOOL
    MOUNT SAINT ALBAN
    WASHINGTON,DC20016     		  PC CHARITABLE USE 3,500
    NATIONAL PARKS CONSERVATION ASSOC
    777 6TH STREET NW
    SUITE 700
    WASHINGTON,DC20001     		  PC CHARITABLE USE 1,000
    NATIONAL PRESBYTERIAN SCHOOL
    4121 NEBRASKA AVE NW
    WASHINGTON,DC20016     		  PC CHARITABLE USE 1,250
    NATIONAL SOCIETY DAUGHTERS OF
    THE AMERICAN REVOLUTION
    1776 D STREET NW
    WASHINGTON,DC20006     		  PC CHARITABLE USE 100
    NC STATE UNIVERSITY
    THE WOLFPACK CLUB
    CAMPUS BOX 7474
    RALEIGH,NC27695     		  PC CHARITABLE USE 1,080
    OPEN MEDICINE FOUNDATION
    29302 LARO DRIVE
    AGOURA HILLS,CA91301     		  PC CHARITABLE USE 7,000
    PEACHTREE ROAD METHODIST CHURCH
    3180 PEACHTREE RD NE
    ATLANTA,GA30305     		  PC CHARITABLE USE 100
    PINE TREE HILL WILDLIFE REFUGE
    1510 NORDEN ROAD
    CAMDEN,SC29020     		  PC CHARITABLE USE 100
    PITKIN COUNTY LIBRARY
    120 N MILL STREET
    ASPEN,CO81611     		  PC CHARITABLE USE 100
    PROTECT OUR WRITERS
    311 MAPLETON AVENUE
    BOULDER,CO80304     		  PC CHARITABLE USE 500
    ROARING FORK AIKIKAI
    2553 DOLORES WAY
    CARBONDALE,CO81623     		  PC CHARITABLE USE 1,200
    ROARING FORK OUTDOOR VOLUNTEERS
    214 MIDLAND AVE
    BASALT,CO81621     		  PC CHARITABLE USE 200
    ROARING FORK MOUNTAIN BIKE ASSOC
    2490 JUNCTION PLACE
    SUITE 200
    BOULDER,CO80301     		  PC CHARITABLE USE 100
    ROCKY MOUNTAIN INSTITUTE
    2490 JUNCTION PLACE
    SUITE 200
    BOULDER,CO80301     		  PC CHARITABLE USE 100
    ST GEORGE EPISCOPAL SCHOOL
    103 BIRCH STREET
    MILNER,GA30257     		  PC CHARITABLE USE 100
    SAINT MARYS SCHOOL
    900 HILLSBOROUGH STREET
    RALEIGH,NC27603     		  PC CHARITABLE USE 2,000
    SEED PEACE
    6333 UNIT 3 HWY 133
    CARBONDALE,CO81623     		  PC CHARITABLE USE 2,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVENUE
    MONTGOMERY,AL36104     		  PC CHARITABLE USE 600
    SUSTAINABLE SETTINGS
    6107 HWY 133
    CARBONDALE,CO81623     		  PC CHARITABLE USE 2,100
    THE 2FORKS CLUB
    PO BOX 1147
    CARBONDALE,CO81623     		  PC CHARITABLE USE 7,000
    THE CLUB FOUNDATION INC
    8500 RIVER ROAD
    BETHESDA,MD20817     		  PC CHARITABLE USE 2,000
    THE FARM COLLABORATIVE
    220 JUPITER HILL ROAD
    ASPEN,CO81611     		  PC CHARITABLE USE 4,200
    MARTHA W DANIELS FOUNDATION
    PO BOX 428
    CAMDEN,SC29021     		  PC CHARITABLE USE 1,000
    THE POTOMAC SCHOOL
    1301 POTOMAC SCHOOL ROAD
    MCLEAN,VA22101     		  PC CHARITABLE USE 750
    SALVATION ARMY OF MIDLANDS
    3024 FARROW ROAD
    COLUMBIA,SC29203     		  PC CHARITABLE USE 100
    THE SALVATION ARMY- SALISBURY
    PO BOX 625
    SALISBURY,NC281450625     		  PC CHARITABLE USE 100
    UNC GLOBAL
    301 PITTSBORO STREET
    CHAPEL HILL,NC27516     		  PC CHARITABLE USE 10,000
    UPROOT COLORADO
    4670 WHITE ROCK CIR
    BOULDER,CO80301     		  PC CHARITABLE USE 500
    USCG FOUNDATION
    394 TAUGWONK RD
    STONINGTON,CT06378     		  PC CHARITABLE USE 1,500
    USCGA ALUMNI ASSOC
    47 MOHEGAN AVE
    NEW LONDON,CT06320     		  PC CHARITABLE USE 3,500
    WAMU
    4400 MASSACHUSETTS
    WASHINGTON,DC20016     		  PC CHARITABLE USE 1,000
    WETA
    3939 CAMPBELL AVE
    ARLINGTON,VA22206     		  PC CHARITABLE USE 2,000
    WASHINGTON CONSUMERS CHECKBOOK
    1625 K STREET NW
    8TH FLOOR
    WASHINGTON,DC20006     		  PC CHARITABLE USE 250
    WILDERNESS WORKSHOP
    520 SOUTH 3RD STREET
    CARBONDALE,CO81623     		  PC CHARITABLE USE 200
    WOODBERRY FOREST SCHOOL
    898 WOODBERRY FOREST ROAD
    WOODBERRY FOREST,VA22989     		  PC CHARITABLE USE 3,500
    WORLD CENTRAL KITCHEN
    655 NEW YORK AVE NW
    6TH FLOOR
    WASHINGTON,DC20001     		  PC CHARITABLE USE 8,000
    Total .................................bullet 3a 188,855
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 566  
    4 Dividends and interest from securities....          
    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 ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   566  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    566
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    58-1705736
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    BRADY FOUNDATION
          		Employer identification number
    58-1705736
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    AGGREGATE RESOURCES
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 9,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    B V HEDRICK GRAVEL SAND COMPANY IN
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 122,100


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    CUMBERLAND GRAVEL SAND CO
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 29,769


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    MATERIAL SALES COMPANY
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 36,079


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    SOUTHERN CONCRETE MATERIALS
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 5,142


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

    		$  


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

    58-1705736
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    BRADY FOUNDATION
          		Employer identification number

    58-1705736
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 OtherExpensesSchedule
    Name:
    BRADY FOUNDATION
    EIN:
    58-1705736
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK SERVICE CHARGES 160      


    TY 2020 TaxesSchedule
    Name:
    BRADY FOUNDATION
    EIN:
    58-1705736
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US TREASURY 27