Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE ROBERT P HOLDING FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)POST OFFICE BOX 1415
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SMITHFIELD, NC27577
A Employer identification number

56-6044205
B Telephone number (see instructions)

(919) 989-3281
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$47,916,348J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 228,562 228,491  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -171,102
b Gross sales price for all assets on line 6a 2,768,186
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 57,460 228,491  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,034 517   517
b Accounting fees (attach schedule)....... Click to see attachment 2,100 1,050   1,050
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27,516 1,250   0
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 23,806 11,096   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,456 13,913   1,567
25 Contributions, gifts, grants paid....... 2,000,000 2,000,000
26 Total expenses and disbursements. Add lines 24 and 25 2,054,456 13,913   2,001,567
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,996,996
b Net investment income (if negative, enter -0-) 214,578
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............. 610,463 169,180 169,180
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 26,899 Click to see attachment27,131 27,131
b Investments—corporate stock (attach schedule)....... 2,186,935 Click to see attachment1,509,579 47,720,037
c Investments—corporate bonds (attach schedule)....... 878,589 0 0
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) 3,702,886 1,705,890 47,916,348
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,702,886 1,705,890
29 Total net assets or fund balances (see instructions)..... 3,702,886 1,705,890
30 Total liabilities and net assets/fund balances (see instructions). 3,702,886 1,705,890
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
3,702,886
2
Enter amount from Part I, line 27a .....................
2
-1,996,996
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,705,890
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,705,890
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a AS REPORTED BY FIRST CITIZENS TRUST SERVICES P 2020-07-01 2020-12-31
b AS REPORTED BY FIRST CITIZENS TRUST SERVICES P 2018-01-01 2020-12-31
c AS REPORTED BY PIPER SANDLER P 2015-06-02 2020-11-23
d AS REPORTED BY PIPER SANDLER P 2018-09-24 2020-11-24
e AS REPORTED BY PIPER SANDLER P 2018-01-01 2020-11-24
AS REPORTED BY FIRST CITIZENS INVESTOR SERVICES P 2020-01-17 2020-11-24
AS REPORTED BY FIRST CITIZENS INVESTOR SERVICES P 2018-01-01 2020-11-24
AS REPORTED BY FIRST CITIZENS INVESTOR SERVICES P 2018-01-01 2020-11-24
AS REPORTED BY PIPER SANDLER P 2018-01-01 2020-12-31
CAPITAL GAINS 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 851,841   809,699 42,142
b 285,289   257,732 27,557
c 257,194   250,000 7,194
d 110,040   98,680 11,360
e 31,580   529,909 -498,329
144,745   153,734 -8,989
742,674   657,070 85,604
325,169   182,464 142,705
5,885     5,885
13,769     13,769
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       42,142
b       27,557
c       7,194
d       11,360
e       -498,329
      -8,989
      85,604
      142,705
      5,885
      13,769
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 -171,102
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 2,983
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,983
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 2,983
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 14,960
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,960
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,977
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet11,977 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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 ofbulletFIRST CITIZENS BANK & TRUST Telephone no.bullet (919) 989-3281

    Located atbullet409 E MARKET STSMITHFIELDNC ZIP+4bullet27577
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FRANK B HOLDING JR PRESIDENT
    0.50     		0 0 0
    POST OFFICE BOX 1415
    SMITHFIELD,NC27577
    CARMEN H AMES VICE PRESIDENT
    0.50     		0 0 0
    POST OFFICE BOX 1415
    SMITHFIELD,NC27577
    JUDITH MURRAY SECRETARY
    0.50     		0 0 0
    POST OFFICE BOX 1415
    SMITHFIELD,NC27577
    HOPE H BRYANT ASST. TREAS/SEC
    0.50     		0 0 0
    POST OFFICE BOX 1415
    SMITHFIELD,NC27577
    OLIVIA B HOLDING TREASURER
    0.50     		0 0 0
    POST OFFICE BOX 1415
    SMITHFIELD,NC27577
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    47,406,747
    b
    Average of monthly cash balances.......................
    1b
    419,507
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,826,254
    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
    47,826,254
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    717,394
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    47,108,860
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,355,443
    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
    2,355,443
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,983
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,983
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,352,460
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,352,460
    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
    2,352,460
    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
    2,001,567
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,001,567
    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
    2,001,567
    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 2,352,460
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,981,424
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,001,567
    a Applied to 2019, but not more than line 2a 1,981,424
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 20,143
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		2,332,317
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    ANGEL MINISTRIES
    PO BOX 23477
    SAN JOSE,CA95153     		NONE PC GENERAL SUPPORT 5,000
    BENSON AREA MEDICAL CENTER
    3333 NC-242
    BENSON,NC27504     		NONE PC GENERAL SUPPORT 10,000
    BOYS & GIRLS CLUB OF THE COASTAL PLAIN
    621 W FIRE TOWER ROAD
    WINTERVILLE,NC28590     		NONE PC GENERAL SUPPORT 75,000
    CAMP CHEERIO
    1430 CAMP CHEERIO ROAD
    GLADE VALLEY,NC28627     		NONE PC GENERAL SUPPORT 5,000
    CAMPBELL UNIVERSITY
    143 MAIN STREET
    BUIES CREEK,NC27506     		NONE PC GENERAL SUPPORT 150,000
    CENTENARY UNITED METHODIST CHURCH
    140 E MARKET STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 10,000
    CONSERVATION TRUST FOR NORTH CAROLINA
    1028 WASHINGTON STREET
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 25,000
    CONTEMPORARY ART FOUNDATION
    409 WEST MARTIN STREET
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 25,000
    EAST CAROLINA UNIVERSITY
    1001 E 5TH STREET
    GREENVILLE,NC27858     		NONE PC GENERAL SUPPORT 500
    FALCON CHILDREN'S HOME INC
    7569 N WEST ST
    FALCON,NC28342     		NONE PC GENERAL SUPPORT 15,000
    FIRST BAPTIST CHURCH
    202 S 4TH STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 10,000
    FIRST PRESBYTERIAN CHURCH OF SMITHFIELD
    215 S 3RD STREET
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 10,000
    GIRL SCOUNTS - NC COASTAL PINES
    6901 PINECREST ROAD
    RALEIGH,NC27613     		NONE PC GENERAL SUPPORT 40,000
    JOHNSTON COMMUNITY COLLEGE FOUNDATION
    245 COLLEGE ROAD
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 50,000
    JOHNSTON COUNTY YOUTH LIVESTOCK
    2736 NC 210 HWY
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 2,500
    JOHNSTON HEALTH FOUNDATION
    509 N BRIGHTLEAF BLVD
    SMITHFIELD,NC27577     		NONE PC GENERAL SUPPORT 200,000
    LOUISBURG COLLEGE
    501 N MAIN STREET
    LOUISBURG,NC27549     		NONE PC GENERAL SUPPORT 50,000
    MY KID'S CLUB
    PO BOX 784
    SELMA,NC27576     		NONE PC GENERAL SUPPORT 100,000
    NC CENTRAL UNIVERISTY
    1801 FAYETTEVILLE STREET
    FAYETTEVILLE,NC27701     		NONE PC GENERAL SUPPORT 500
    NORTH CAROLINA COASTAL FEDERATION INC
    3609 HWY 24
    NEWPORT,NC28570     		NONE PC GENERAL SUPPORT 25,000
    NORTH CAROLINA COMMUNITY FOUNDATION
    4601 SIX FORKS ROAD SUITE 524
    RALEIGH,NC27609     		NONE PC GENERAL SUPPORT 400,000
    NORTH CAROLINA MUSEUM OF ART FOUNDATION INC
    4630 MAIL SERVICE CTR
    RALEIGH,NC27699     		NONE PC GENERAL SUPPORT 25,000
    NORTH CAROLINA STATE UNIVERSITY
    PO BOX 7302
    RALEIGH,NC27695     		NONE PC GENERAL SUPPORT 500
    NORTH CAROLINA SYMPHONY SOCIETY INC
    3700 GLENWOOD AVE 130
    RALEIGH,NC27612     		NONE PC GENERAL SUPPORT 10,000
    RAVENSCROFT SCHOOL
    7409 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		NONE PC GENERAL SUPPORT 23,000
    SAINT MARY'S SCHOOL
    900 HILLSBOROUGH STREET
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 148,000
    SALEM ACADEMY AND COLLEGE
    601 S CHURCH STREET
    WINSTONSALEM,NC27101     		NONE PC GENERAL SUPPORT 10,000
    SPCA OF WAKE COUNTY INC
    200 PETFINDER LANE
    RALEIGH,NC27603     		NONE PC GENERAL SUPPORT 30,000
    ST ANN CATHOLIC CHURCH
    4057 US-70 BUS
    CLAYTON,NC27520     		NONE PC GENERAL SUPPORT 15,000
    ST DAVID'S SCHOOL
    3400 WHITE OAK ROAD
    RALEIGH,NC27609     		NONE PC GENERAL SUPPORT 35,000
    THE SALVATION ARMY - CARTERET COUNTY
    810 ARENDELL ST
    MOREHEAD CITY,NC28557     		NONE PC GENERAL SUPPORT 10,000
    TRIANGLE LAND CONSERVANCY
    514 SOUTH DUKE STREET
    DURHAM,NC27701     		NONE PC GENERAL SUPPORT 25,000
    TRYON PALACE FOUNDATION
    529 SOUTH FRONT STREET
    NEW BERN,NC28562     		NONE PC GENERAL SUPPORT 25,000
    UNITED CHURCH OF CHAPEL HILL
    1321 MARTIN LUTHER KING JR BLVD
    CHAPEL HILL,NC27514     		NONE PC GENERAL SUPPORT 5,000
    WAKE COUNTY BOYS AND GIRLS CLUB
    701 N RALEIGH BLVD
    RALEIGH,NC27610     		NONE PC FOR PROMOTION AND DEVELOPMENT OF YOUTH ACTIVITIES 5,000
    WAKE FOREST UNIVERSITY
    1834 WAKE FOREST ROAD
    WINSTONSALEM,NC27106     		NONE PC SCHOLARSHIP 50,000
    WHITE MEMORIAL PRESBYTERIAN CHURCH
    1704 OBERLIN ROAD
    RALEIGH,NC27608     		NONE PC GENERAL SUPPORT 5,000
    YMCA OF THE TRIANGLE
    801 CORPORATE CENTER DRIVE 200
    RALEIGH,NC27607     		NONE PC GENERAL SUPPORT 150,000
    WOODBERRY FOREST SCHOOL
    898 WOODBERRY FOREST ROAD
    WOODBERRY FOREST,VA22989     		NONE PC GENERAL SUPPORT 110,000
    PITT COUNTY COUNCIL ON AGING
    4551 COUNTY HOME ROAD
    GREENVILLE,NC27858     		NONE PC GENERAL SUPPORT 50,000
    CHOWAN UNIVERSITY
    1 UNIVERSITY DRIVE
    MURFRESSBORO,NC27855     		NONE PC GENERAL SUPPORT 25,000
    NORTH CAROLINA PRESERVATION TRUST
    814 OBERLIN ROAD
    RALEIGH,NC27605     		NONE PC GENERAL SUPPORT 25,000
    FOOD BANK OF CENTRAL & EASTERN NC
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		NONE PC GENERAL SUPPORT 10,000
    Total .................................bullet 3a 2,000,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 228,562  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -171,102  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 57,460 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    57,460
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,100 1,050   1,050

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 25 SHARES 3,475 4,370
    ABBVIE INC 32 SHARES 2,856 3,429
    ACTIVISION BLIZZARD INC 30 SHARES 1,897 2,785
    ALEXION PHARMACEUTICALS INC 15 SHARES 1,599 2,343
    ALLSTATE CORP 34 SHARES 3,394 3,737
    AMERICAN ELEC PWR INC 30 SHARES 2,839 2,497
    ANTHEM INC 16 SHARES 3,814 5,137
    ARTISAN INTERNATIONAL SMALL-MID FUND 574 SHARES 8,647 11,804
    ASHMORE EMERGING MARKETS ACTIVE 2201 SHARES 24,359 28,993
    AT&T INC 199 SHARES 6,724 5,723
    BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND 968 SHARES 20,340 26,801
    BANK OF AMERICA CORP 264 SHARES 7,603 8,002
    BAXTER INTL INC 23 SHARES 1,492 1,846
    BERKSHIRE HATHAWAY INC 55 SHARES 11,066 12,753
    BEST BUY INC 35 SHARES 2,355 3,493
    BLACKROCK MID-CAP GROWTH EQUITY 397 SHARES 12,246 17,564
    BOEING CO 17 SHARES 2,315 3,639
    BRISTOL MYERS SQUIBB CO 1,947 2,109
    CARDINAL HEALTH 43 SHARES 1,988 2,303
    CARILLON CLARIVEST CAPITAL APPRECIATION FUND 1050 SHARES 50,913 56,906
    CATERPILLAR INC 17 SHARES 2,454 3,094
    CISCO SYS INC 93 SHARES 3,955 4,162
    CITIGROUP INC 71 SHARES 4,357 4,378
    CME GROUP INC 19 SHARES 3,248 3,459
    COHEN & STEERS REAL ESTATE 532 SHARES 7,747 8,667
    COLGATE PALMOLIVE CO 31 SHARES 2,217 2,651
    COMCAST CORP 70 SHARES 2,554 3,668
    COSTCO WHSL CORP 7 SHARES 2,000 2,637
    CVS HEALTH CORPORATION 81 SHARES 5,416 5,532
    DANAHER CORP 17 SHARES 2,188 3,776
    DARDEN RESTAURANTS INC 30 SHARES 1,598 3,574
    DELTA AIR LINES INC 30 SHARES 2,129 2,171
    DISNEY WALT CO 33 SHARES 3,196 5,979
    DOMINION ENERGY 38 SHARES 2,873 2,858
    DTE ENERGY CO 22 SHARES 2,385 2,671
    DUKE ENERGY 44 SHARES 3,632 4,029
    EASTMAN CHEM CO 36 SHARES 3,036 3,610
    EATON CORP 36 SHARES 2,673 4,325
    ELECTRONIC ARTS INC 20 SHARES 1,801 2,872
    FEDERATED MDT SMALL CAP CORE FUND 513 SHARES 8,576 12,604
    FEDEX CORP 16 SHARES 1,854 4,154
    FIDELITY MID CAP GROWTH INDEX FUND 2588 SHARES 42,312 72,827
    FIDELITY MID CAP VALUE INDEX FUND 4689 SHARES 82,819 102,879
    FIDELITY NATL INFORMATION SVCS INC 28 SHARES 3,380 3,961
    FIFTH THIRD BANCORP 100 SHARES 2,416 2,757
    FIRST CITIZENS BANCSHARES CLASS A 41467 SHARES 67,424 23,813,254
    FIRST CITIZENS BANCSHARES CLASS A 5528 SHARES 8,577 3,174,565
    FIRST CITIZENS BANCSHARES CLASS B 36525 SHARES 31,839 18,993,000
    GALLAGHER ARTHUR J & CO 18 SHARES 1,520 2,227
    GENERAL ELECTRIC CO 313 SHARES 2,238 3,380
    GLOBAL PMTS INC 12 SHARES 1,625 2,585
    GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHT FUND 1831 SHARES 17,908 21,405
    GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND 1160 SHARES 12,500 14,702
    HARTFORD FINL SVCS 59 SHARES 3,315 2,890
    HOME DEPOT INC 17 SHARES 3,198 4,516
    HONEYWELL INTERNATIONAL INC 8 SHARES 1,673 1,702
    HP INC 157 SHARES 3,153 3,861
    INTEL CORP 77 SHARES 3,737 3,836
    INTERNATIONAL BUSINESS MACHS CORP 31 SHARES 4,023 3,902
    ISHARES MSCI EAFE INTERNATIONAL INDEX FUND 3013 SHARES 37,477 44,268
    ISHARES RUSSELL MID CAP VALUE 1838 SHARES 200,775 244,528
    JACKSON SQUARE SMID CAP 419 SHARES 10,463 15,992
    JOHNSON & JOHNSON COM 38 SHARES 5,288 5,980
    JOHNSON CTLS INTL 80 SHARES 3,027 3,727
    JP MORGAN CHASE & CO 62 SHARES 6,781 7,878
    JUNIPER NETWORKS INC 111 SHARES 2,737 2,499
    KIMBERLY CLARK CORP 14 SHARES 1,682 1,888
    KIMCO RLTY CORP 217 SHARES 1,817 3,257
    LAZARD INTERNATIONAL EQUITY INST 1469 SHARES 25,444 29,412
    LILLY ELI & CO 13 SHARES 1,839 2,195
    LIVE NATION ENTERTAINMENT INC 42 SHARES 1,462 3,086
    MAINSTAY CBRE GLOBAL INFRASTRCUTRE 689 SHARES 7,611 8,170
    MEDTRONIC PLC 48 SHARES 4,389 5,623
    MFS MID CAP VALUE R6 1258 SHARES 21,452 25,115
    MID-AMER APT CMNTYS INC 23 SHARES 2,457 2,914
    MONDELEZ INTL INC 74 SHARES 3,403 4,327
    MORGAN STANLEY 520 SHARES 25,672 48,137
    MORGAN STANLEY 78 SHARES 3,481 5,345
    NORFOLK SOUTHRN CORP 17 SHARES 3,173 4,039
    NUANCE MID CAP VALUE FUND 1443 SHARES 19,284 20,335
    NUCOR CORP 61 SHARES 3,058 3,245
    NUVEEN GLOBAL INFRASTUCTURE 778 SHARES 7,859 8,513
    PAYCHEX INC 34 SHARES 2,454 3,168
    PEAR TREE POLARIS FGN VAL SM CAP 919 SHARES 8,716 10,099
    PEAR TREE POLARIS FOREGIN VALUE FUND 3114 SHARES 30,475 35,632
    PEPSICO INC 1000 SHARES 127,392 148,300
    PEPSICO INC 34 SHARES 4,393 5,042
    PFIZER INC 148 SHARES 5,370 5,448
    PIMCO STOCKPLUS INTERNATIONAL FUND 4253 SHARES 16,744 28,076
    PIMCO STOCKPLUS SMALL FUND 1369 SHARES 9,456 15,142
    PPL CORP 98 SHARES 2,895 2,764
    PRINCIPAL REAL ESTATE SECURITIES 474 SHARES 11,305 12,379
    PROCTOR & GAMBLE CO 36 SHARES 3,076 5,009
    PROSHARES TR DJ BROOFIELD GLOBAL 99 SHARES 3,966 4,066
    QUEST DIAGNOSTICS INC 22 SHARES 2,415 2,622
    REGIONS FIN CORP 174 SHARES 2,408 2,805
    REPUBLIC SVCS INC 20 SHARES 1,475 1,926
    SNAP ON INC 19 SHARES 2,823 3,252
    T ROWE PRICE EMERGING MARKETS STOCK FUND 438 SHARES 20,305 24,067
    T ROWE PRICE INSTITUTIONAL LARGE-CAP 42,731 56,099
    T ROWE PRICE MID-CAP GROWTH FUND 147 SHARES 13,978 16,743
    TARGET CORP 14 SHARES 1,400 2,471
    TE CONNECTIVITY LTD 26 SHARES 2,384 3,148
    TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND 2524 SHARES 28,525 33,548
    UNITEDHEALTH GROUP INC 22 SHARES 5,705 7,715
    UNUMPROVIDENT CORP 101 SHARES 2,848 2,317
    VANGUARD SCOTTSDALE FDS VNG 142 SHARES 17,371 22,474
    VERIZON COMMUNICATIONS INC 96 SHARES 5,586 5,640
    WALMART INC 41 SHARES 3,459 5,910
    WCM FOCUSED INTERNATIONAL GROWTH FUND 1432 SHARES 23,013 35,458
    WELLS FARGO & CO 87 SHARES 3,434 2,626
    WELLS FARGO SPECIAL MID CAP VALUE FUND 517 SHARES 20,605 22,419
    WYNN RESORTS LTD 29 SHARES 3,240 3,272
    XCEL ENERGY INC 35 SHARES 1,842 2,333
    FIRST CITIZENS BANCSHARES FCNCP 2000 SHARES 43,144 54,080
    FIRST CITIZENS BANCSHARES FCNCP 4000 SHARES 98,600 108,160

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    US Government Securities - End of Year Book Value:

    27,131
    US Government Securities - End of Year Fair Market Value:

    27,131
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 LegalFeesSchedule
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,034 517   517


    TY 2020 OtherExpensesSchedule
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 11,096 11,096   0
    ADMINSTRATIVE EXPENSE 12,710 0   0


    TY 2020 TaxesSchedule
    Name:
    THE ROBERT P HOLDING FOUNDATION INC
    EIN:
    56-6044205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,250 1,250   0
    FEDERAL TAXES 26,266 0   0