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 UNITED COMPANY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1005 GLENWAY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRISTOL, VA242013473
A Employer identification number

54-1390453
B Telephone number (see instructions)

(276) 645-1406
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$51,347,046J 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 4,737 4,737  
4 Dividends and interest from securities... 713,347 709,427  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,509,447
b Gross sales price for all assets on line 6a 29,650,164
7 Capital gain net income (from Part IV, line 2)... 2,512,535
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)....... Click to see attachment 2,869 0  
12 Total. Add lines 1 through 11........ 3,230,400 3,226,699  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 125,025 0   125,025
14 Other employee salaries and wages...... 296,013 0   275,841
15 Pension plans, employee benefits....... 97,350 0   86,116
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,800 0   3,800
c Other professional fees (attach schedule).... Click to see attachment 265,802 265,802   0
17 Interest............... 41 0   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 59,065 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,777 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 97 0   97
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 242,408 0   242,408
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,097,378 265,802   733,287
25 Contributions, gifts, grants paid....... 1,511,431 1,706,702
26 Total expenses and disbursements. Add lines 24 and 25 2,608,809 265,802   2,439,989
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 621,591
b Net investment income (if negative, enter -0-) 2,960,897
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.............      
2 Savings and temporary cash investments......... 2,534,871 1,016,686 1,016,686
3 Accounts receivable bullet97,159
Less: allowance for doubtful accounts bullet   116,145 97,159 97,159
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.............. 9,851 20,379 20,379
9 Prepaid expenses and deferred charges.......... 8,134 8,354 8,354
10a Investments—U.S. and state government obligations (attach schedule) 504,165 0 0
b Investments—corporate stock (attach schedule)....... 27,413,848 Click to see attachment29,510,417 29,510,417
c Investments—corporate bonds (attach schedule)....... 7,792,739 Click to see attachment6,406,044 6,406,044
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,826,493 Click to see attachment14,254,551 14,254,551
14 Land, buildings, and equipment: basis bullet143,831
Less: accumulated depreciation (attach schedule) bullet110,375 33,639 Click to see attachment33,456 33,456
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 48,239,885 51,347,046 51,347,046
Liabilities 17 Accounts payable and accrued expenses.......... 86,018 100,116
18 Grants payable................. 981,141 785,870
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)......... 1,067,159 885,986
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........... 45,695,384 48,983,718
25 Net assets with donor restrictions............ 1,477,342 1,477,342
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)..... 47,172,726 50,461,060
30 Total liabilities and net assets/fund balances (see instructions). 48,239,885 51,347,046
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
47,172,726
2
Enter amount from Part I, line 27a .....................
2
621,591
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,666,743
4
Add lines 1, 2, and 3 ..........................
4
50,461,060
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
50,461,060
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 PUBLICLY-TRADED SECURITIES      
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 29,650,164   27,137,629 2,512,535
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       2,512,535
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 2,512,535
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 41,156
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 41,156
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 41,156
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 57,000
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 57,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 15,844
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet15,844 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)
    bulletVA
    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 addressbulletWWW.UNITEDCOFOUNDATION.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (276) 645-1436

    Located atbullet1005 GLENWAY AVENUEBRISTOLVA ZIP+4bullet242013473
    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
     
    No
    ........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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JAMES W MCGLOTHLIN CHAIRMAN/DIRECTOR
    5.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    LOIS A CLARKE PRESIDENT/CEO/DIRECTOR
    5.00     		57,384 1,779 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    FAY H STREET SECRETARY/DIRECTOR
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    BARBARA J BJERKE TREASURER
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    CLAIRE DAVIS ASSISTANT SECRETARY
    1.00     		13,301 532 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    JULIA K SMITH ASSISTANT SECRETARY
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    FRANCES G MCGLOTHLIN DIRECTOR
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    MARTHA MCGLOTHLIN BOWMAN DIRECTOR
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    DAVID A STREET DIRECTOR
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    ND STREET DIRECTOR
    1.00     		0 0 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    PEGGY LITTLETON EXECUTIVE DIRECTOR
    20.00     		54,340 31,846 0
    1005 GLENWAY AVENUE
    BRISTOL,VA242013473
    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
    ROSE HURLEY COLLEGE & CAREER COU
    40.00     		53,138 20,230 0
    1760 EDGEWATER DRIVE
    GRUNDY,VA24614
    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
    UNITED MANAGEMENT COMPANY LLC INVESTMENT MANAGEMENT 173,446
    1005 GLENWAY AVENUE
    BRISTOL,VA24201
    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 PROVIDE ONE MEAL/DAY FIVE DAYS A WEEK TO 760 LOW-INCOME PEOPLE IN THE BRISTOL, VA COMMUNITY. MEALS ARE DELIVERED VIA 2 VANS THAT TRAVEL TO THE HOMES OF THE RECIPIENTS. 401,630
    2 A COLLEGE AND CAREER COUNSELOR WORKS AT MOUNTAIN MISSION SCHOOL (GRUNDY, VA) AND ASSISTS STUDENTS WITH COLLEGE AND APPLICATION PROCESSES, FINANCIAL AID, AND MATRICULATION PROCEDURES. THE COUNSELOR ALSO OVERSEES THE SCHOLARSHIP PROGRAM FOR MOUNTAIN MISSION SCHOOL GRADUATES. 84,281
    3 MOUNTAIN MISSION SCHOOL SENIORS WENT ON A COLLEGE VISIT TO UVA-WISE. 96
    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
    44,513,700
    b
    Average of monthly cash balances.......................
    1b
    2,778,678
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,292,378
    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
    47,292,378
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    709,386
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,582,992
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,329,150
    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
    2,329,150
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    41,156
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,156
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,287,994
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,287,994
    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
    2,287,994
    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
    2,439,989
    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
    7,594
    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
    2,447,583
    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
    2,447,583
    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 2,287,994
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,454,093
    b From 2016...... 1,148,915
    c From 2017...... 652,463
    d From 2018...... 462,143
    e From 2019...... 525,881
    fTotal of lines 3a through e........ 4,243,495
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,447,583
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 2,287,994
    e Remaining amount distributed out of corpus 159,589
    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 4,403,084
    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 ..........     		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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,454,093
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,948,991
    10 Analysis of line 9:
    a Excess from 2016.... 1,148,915
    b Excess from 2017.... 652,463
    c Excess from 2018.... 462,143
    d Excess from 2019.... 525,881
    e Excess from 2020.... 159,589
    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 e-mail address of the person to whom applications should be addressed:
    ROSE HURLEY MOUNTAIN MISSION SCHOOL
    1760 EDGEWATER DRIVE
    GRUNDY,VA24614
    (276) 791-1514
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS MUST HAVE PREVIOUSLY APPLIED TO, AND RECEIVED AN OFFICIAL NOTIFICATION OF ACCEPTANCE FROM, AN ACCREDITED UNIVERSITY OR COLLEGE IN THE UNITED STATES. APPLICATIONS MUST BE SUBMITTED USING THE FOUNDATION'S SCHOLARSHIP APPLICATION FORM. THE FOLLOWING ITEMS MUST BE INCLUDED: OFFICIAL HIGH SCHOOL OR COLLEGE TRANSCRIPT, FINANCIAL AID AWARD LETTER, STUDENT AID REPORT FROM FAFSA, AND OFFICIAL SCHOOL INVOICE AND CLASS SCHEDULE. ALL SCHOLARSHIP REQUESTS FOR THE SPRING SEMESTER MUST ALSO INCLUDE A COPY OF THE STUDENT'S GRADES FROM THE FALL (EITHER AN OFFICIAL GRADE REPORT OR A TRANSCRIPT FROM THE SCHOOL). STUDENTS MUST REAPPLY FOR A SCHOLARSHIP EACH YEAR.
    cAny submission deadlines:
    DEADLINES FOR APPLICATIONS ARE JULY 1 FOR FALL SEMESTER AND DECEMBER 1 FOR SPRING SEMESTER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE SCHOLARSHIP PROGRAM SUPPLEMENTS FINANCIAL AID AND OTHER SUPPORT TO HELP COVER THE COST OF COLLEGE TUITION, FEES, ROOM AND BOARD, BOOKS, AND SUPPLIES. STUDENTS MUST BE ENROLLED WITH A MINIMUM OF 12 CREDIT HOURS PER SEMESTER. STUDENTS MAY REQUEST A MAXIMUM OF $15,000 PER YEAR. STUDENTS MUST BE ENROLLED AT MOUNTAIN MISSION SCHOOL, GRUNDY, VA (MMS) FROM GRADES 9 THROUGH 12 TO BE ELIGIBLE FOR SUPPORT. SCHOLARSHIPS ARE GIVEN FOR THE BENEFIT OF INDIVIDUAL STUDENTS WHO HAVE NO RELATIONSHIP TO DISQUALIFIED PERSONS. STUDENTS MUST DEMONSTRATE FINANCIAL NEED BY QUALIFYING FOR A FEDERAL PELL GRANT. STUDENTS MUST ACCEPT ANY FEDERAL DIRECT SUBSIDIZED LOANS OR PERKINS LOANS OFFERED. STUDENTS ARE ELIGIBLE FOR 4 CONSECUTIVE CALENDAR YEARS AFTER GRADUATION FROM MMS. STUDENTS SHOULD HAVE AT LEAST A 3.00 CUMULATIVE GPA FROM MMS (ON A 4.0 SCALE) AND MAINTAIN A 2.75 CUMULATIVE GPA IN COLLEGE (ON A 4.0 SCALE). THE MAX FOR BOOKS AND SUPPLIES PER STUDENT IS $750 FOR THE FIRST SEMSESTER AND $500 THEREAFTER.
    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
    ADAMS STATE UNIVERSITY
    208 EDGEMONT BLVD
    ALAMOSA,CO88012     		N/A GOV EDUCATION - TUITION 5,000
    ALICE LLOYD COLLEGE
    100 PURPOSE ROAD
    PIPPA PASSES,KY37620     		N/A PC SCHOLARSHIPS FOR NEEDY STUDENTS 5,000
    APPALACHIAN SUSTAINABLE DEVELOPMENT
    PO BOX 791
    ABINGDON,VA24212     		N/A PC FEED FAMILIES IN SOUTHWEST VA/NORTHEAST TN 10,000
    BACKPACK BLESSINGS INC
    PO BOX 24
    GRUNDY,VA24614     		N/A PC BACKPACK PROGRAM IN BUCHANAN CO. VA 5,000
    BARRY UNIVERSITY
    11300 NE 2ND AVENUE
    MIAMI SHORES,FL33161     		N/A PC EDUCATION - TUITION 13,774
    BARRY UNIVERSITY
    11300 NE 2ND AVENUE
    MIAMI SHORES,FL33161     		N/A PC EDUCATION - BOOKS 871
    BLUEFIELD COLLEGE
    3000 COLLEGE AVENUE
    BLUEFIELD,VA24605     		N/A PC SCHOLARSHIPS FOR OFF-SITE TRAINING IN CHRISTIAN MINISTERIAL LEADERSHIP CLASSES 50,000
    BOWIE STATE UNIVERSITY
    14000 JERICHO PARK RD
    BOWIE,MD20715     		N/A GOV EDUCATION - TUITION 536
    BOY SCOUTS OF AMERICA SEQUOYAH COUNCIL
    PO BOX 3010
    JOHNSON CITY,TN37602     		N/A PC SEQUOYAH COUNCIL CAPITAL PROGRAM - CAMP DAVY CROCKETT 25,000
    BOYS AND GIRLS CLUB OF BRISTOL INC
    334 REBECCA STREET
    BRISTOL,VA24201     		N/A PC INSPIRE DISADVANTAGED YOUTH TO REALIZE THEIR FULL POTENTIAL 30,000
    BOYS AND GIRLS CLUB OF CENTRAL APPALACHIA
    PO BOX 1505
    GRUNDY,VA24614     		N/A PC ASSIST CHILDREN IN BUCHANAN COUNTY 25,000
    BRISTOL EMERGENCY FOOD PANTRY
    21 WASHINGTON STREET
    BRISTOL,VA24201     		N/A PC GENERAL SUPPORT LOCAL FOOD BANK 10,000
    BRISTOL FAITH IN ACTION
    1534 EUCLID AVENUE
    BRISTOL,VA24201     		N/A PC ASSIST HOUSEHOLD OF DISABLED IN BRISTOL AREA 25,000
    BRISTOL HUMANE SOCIETY
    16222 LEE HIGHWAY
    BRISTOL,VA24202     		N/A PC MOBILE ELECTRIC LIFT TABLES 5,000
    BRISTOL LIFE SAVING CREW
    PO BOX 302
    BRISTOL,VA24203     		N/A PC GENERAL SUPPORT 10,000
    BRISTOL TENNESSEE POLICE DEPARTMENT
    801 ANDERSON STREET
    BRISTOL,VA37620     		N/A GOV BENEVOLENT FUND 10,000
    BRISTOL VIRGINIA DEPARTMENT OF SOCIAL SERVICES
    621 WASHINGTON STREET
    BRISTON,VA24201     		N/A GOV EVENTS FOR AT-RISK & FOSTER CARE CHILDREN 10,000
    BRISTOL VIRGINIA FIRE DEPARTMENT
    211 LEE ST
    BRISTOL,VA24201     		N/A GOV GENERAL SUPPORT 10,000
    BRISTOL VIRGINIA POLICE DEPARTMENT
    501 SCOTT STREET
    BRISTOL,VA24201     		N/A GOV GENERAL SUPPORT 10,000
    COMMUNITIES IN SCHOOLS OF SOUTHWEST VIRGINIA
    220 LEE STREET
    BRISTOL,VA24201     		N/A PC COATS, SHOES, & BACKPACKS FOR STUDENTS IN NEED; BRISTOL, VA & BUCHANAN COUNTY PUBLIC SCHOOLS 40,800
    COMMUNITY SCHOOL OF NAPLES
    13275 LIVINGSTON ROAD
    NAPLES,FL34109     		N/A PC GENERAL SUPPORT/ANNUAL FUND 25,000
    CROSSROADS MEDICAL MISSION
    PO BOX 16852
    BRISTOL,VA24209     		N/A PC SUPPORT MOBILE MEDICAL CLINIC FOR THE UNDERSERVED & TRI CITIES REMOTE AREA MEDICAL CLINIC 50,000
    DARTMOUTH COLLEGE
    6016 MCNUTT HALL
    HANOVER,NH03755     		N/A PC EDUCATION - TUITION 5,253
    EAST TENNESSEE STATE UNIVERSITY
    807 UNIVERSITY PARKWAY
    JOHNSON CITY,TN376141700     		N/A GOV EDUCATION - TUITION 7,360
    EAST TENNESSEE STATE UNIVERSITY
    807 UNIVERSITY PARKWAY
    JOHNSON CITY,TN376141700     		N/A GOV EDUCATION - BOOKS 364
    EDWARD VIA VA COLLEGE OF OSTEOPATHIC MEDICINE
    2265 KRAFT DR SW
    BLACKSBURG,VA24060     		N/A PC SCHOLARSHIP FUND FOR MEDICAL STUDENTS AT VCOM WHO COMMIT TO PRACTICE IN SOUTHWEST VA 100,000
    EMORY AND HENRY COLLEGE
    PO BOX 947
    EMORY,VA243270947     		N/A PC EDUCATION - TUITION 22,382
    FEEDING AMERICA SOUTHWEST VIRGINIA
    1025 ELECTRIC ROAD
    SALEM,VA24153     		N/A PC MOBILE FOOD PANTRY ASSISTANCE 75,000
    FEEDING MY SHEEP INC
    PO BOX 970
    VANSANT,VA24656     		N/A PC PROVIDE FOOD ASSISTANCE IN BUCHANAN COUNTY 35,000
    FOOD BANK OF WISE COUNTY INCORPORATED
    PO BOX 2977
    WISE,VA24293     		N/A PC PROVIDE FOOD ASSISTANCE IN WISE COUNTY 30,000
    FOUNDATION FOR EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES INC (DBA MORRI
    139 TERRACE DRIVE
    BRISTOL,VA24202     		N/A PC SCHOLARSHIP FUND 25,000
    GEORGE MASON UNIVERSITY
    4400 UNIVERSITY DR
    FAIRFAX,VA22030     		N/A GOV EDUCATION - TUITION 11,771
    GEORGE MASON UNIVERSITY
    4400 UNIVERSITY DR
    FAIRFAX,VA22030     		N/A GOV EDUCATION - BOOKS 500
    GIRL SCOUT COUNCIL OF THE SOUTHERN APPALACHIANS INC
    1567 DOWNTOWN WEST BLVD
    KNOXVILLE,TN37919     		N/A PC FINANCIAL ASSISTANCE IN DICKENSON, WISE, RUSSELL, LEE, SCOTT, WASHINGTON & SMYTH COUNTIES IN VA 5,000
    GIRLS INC OF BRISTOL
    613 HIGHLAND AVENUE
    BRISTOL,VA24201     		N/A PC FUNDING AFTER SCHOOL AND SUMMER PROGRAMS 10,000
    GRAND CANYON UNIVERSITY
    3300 W CAMELBACK RD
    PHOENIX,AZ85017     		N/A PC EDUCATION - TUITION 15,000
    HAVEN OF REST RESCUE MISSION OF BRISTOL
    624 ANDERSON STREET
    BRISTOL,TN37620     		N/A PC FOOD ASSISTANCE/BABY NEEDS 25,000
    HEALING HANDS HEALTH CENTER INC
    245 MIDWAY MEDICAL PARK
    BRISTOL,TN37620     		N/A PC DENTAL PROGRAM FOR WORKING, UNINSURED IN NE TN, SW VA 50,000
    JACKSONVILLE UNIVERSITY
    2800 UNIVERSITY BLVD N
    JACKSONVILLE,FL32211     		N/A PC EDUCATION - TUITION 23,029
    JACKSONVILLE UNIVERSITY
    2800 UNIVERSITY BLVD N
    JACKSONVILLE,FL32211     		N/A PC EDUCATION - BOOKS 2,000
    JOHN HOPKINS UNIVERSITY
    750 E PRATT STREET
    BALTIMORE,MD21202     		N/A PC SIDNEY KIMMEL COMPREHENSIVE CANCER CENTER FOR PANCREATIC 150,000
    KENT STATE UNIVERSITY
    800 E SUMMIT ST
    KENT,OH44240     		N/A PC EDUCATION - TUITION 12,781
    KENT STATE UNIVERSITY
    800 E SUMMIT ST
    KENT,OH44240     		N/A PC EDUCATION - BOOKS 303
    LEE STREET BAPTIST CHURCHLEE STREET COMMUNITY CENTER
    1 WEST MARY STREET
    BRISTOL,VA24201     		N/A PC COMMUNITY OUTREACH 15,000
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BOULEVARD
    LYNCHBURG,VA24502     		N/A PC EDUCATION - TUITION 5,521
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BOULEVARD
    LYNCHBURG,VA24502     		N/A PC EDUCATION - BOOKS 500
    MARYMOUNT UNIVERSITY
    1000 NORTH GLEBE ROAD
    ARLINGTON,VA22201     		N/A PC EDUCATION - TUITION 15,000
    MILLIGAN COLLEGE
    PO BOX 500
    MILLIGAN COLLEGE,TN37682     		N/A PC EDUCATION - TUITION 106,647
    MILLIGAN COLLEGE
    PO BOX 500
    MILLIGAN COLLEGE,TN37682     		N/A PC EDUCATION - BOOKS 7,170
    MILLIGAN COLLEGE
    PO BOX 750
    MILLIGAN COLLEGE,TN37682     		N/A PC EQUIPMENT FOR COMBUSTION LAB 25,000
    MONTGOMERY COLLEGE
    51 MANNAKEE ST
    ROCKVILLE,MD20850     		N/A PC EDUCATION-TUITION 7,806
    MOUNT VERNON NAZARENE UNIVERSITY
    800 MARTINSBURG RD
    MT VERNON,OH43050     		N/A PC EDUCATION - TUITION 11,143
    MOUNT VERNON NAZARENE UNIVERSITY
    800 MARTINSBURG RD
    MT VERNON,OH43050     		N/A PC EDUCATION - BOOKS 200
    NEW HOPE MISSIONS
    PO BOX 2038
    GRUNDY,VA24614     		N/A PC GENERAL SUPPORT: FOOD ASSISTANCE, CONTINUED GROWTH & OPERATIONAL EXPENSES 5,000
    OLD DOMINION UNIVERSITY
    5115 HAMPTON BOULEVARD
    NORFOLK,VA23529     		N/A PC EDUCATION - BOOKS 274
    OLD DOMINION UNIVERSITY
    5115 HAMPTON BOULEVARD
    NORFOLK,VA23529     		N/A GOV EDUCATION - TUITION 4,090
    PRESBYTERIAN CHILDREN'S HOME OF THE HIGHLANDS INC
    425 GRAYSON ROAD
    WYTHEVILLE,VA24382     		N/A PC HELP SERVE YOUNG PEOPLE/FAMILIES IN CRISIS 20,000
    QUINNIPIAC UNIVERSITY
    275 MOUNT CARMEL AVENUE
    HAMDEN,CT06518     		N/A PC EDUCATION - TUITION 77,759
    QUINNIPIAC UNIVERSITY
    275 MOUNT CARMEL AVENUE
    HAMDEN,CT06518     		N/A PC EDUCATION - BOOKS 4,289
    REGENT UNIVERSITY
    1000 REGENT UNIVERSITY DR
    VIRGINIA BEACH,VA23464     		N/A PC EDUCATION - TUITION 13,113
    RIVERS WAY INC
    10 6TH STREET
    BRISTOL,TN37620     		N/A PC FUND ALIVE & WELL PROGRAMS 10,000
    ROANOKE COLLEGE
    221 COLLEGE LANE
    ROANOKE,VA24153     		N/A PC EDUCATION - TUITION 7,500
    ROANOKE COLLEGE
    221 COLLEGE LANE
    ROANOKE,VA24153     		N/A PC EDUCATION - BOOKS 451
    RUTGERS UNIVERSITY
    7 COLLEGE AVE
    NEW BRUNSWICK,NJ08901     		N/A GOV EDUCATION - TUITION 3,295
    SALVATION ARMY
    PO BOX 887
    BRISTOL,TN37621     		N/A PC SUPPORT FOR FOOD ASSISTANCE 5,000
    SERVING ORPHANS WORLDWIDE INC
    PO BOX 1403
    BRISTOL,TN37621     		N/A PC GENERAL SUPPORT FOR ASSISTING STRUGGLING ORPHANAGES 25,000
    SULLINS ACADEMY
    22218 SULLINS ACADEMY DRIVE
    BRISTOL,VA24202     		N/A PC SCHOLARSHIPS 25,000
    SYRACUSE UNIVERSITY
    900 SOUTH CROUSE AVE
    SYRACUSE,NY13244     		N/A PC EDUCATION - TUITION 6,872
    SYRACUSE UNIVERSITY
    900 SOUTH CROUSE AVE
    SYRACUSE,NY13244     		N/A PC EDUCATION - BOOKS 748
    TRI-CITIES CHRISTIAN SCHOOLS
    1500 HWY 75
    BLOUNTVILLE,TN37617     		N/A PC SCHOLARSHIPS FOR TUITION 5,000
    UNIVERSITY OF CINCINNATI
    2600 CLIFTON AVE
    CINCINNATI,OH45221     		N/A GOV EDUCATION - TUITION 7,465
    UNIVERSITY OF CINCINNATI
    2600 CLIFTON AVE
    CINCINNATI,OH45221     		N/A GOV EDUCATION - BOOKS 545
    UNIVERSITY OF NEW MEXICO
    MSC 11 6315 1 UNIVERSITY OF NEW
    MEXICO
    ALBUQUERQUE,NM87131     		N/A GOV EDUCATION - TUITION 7,022
    UNIVERSITY OF NORTH CAROLINA - CHARLOTTE
    9201 UNIVERSITY CITY BOULEVARD
    CHARLOTTE,NC282230001     		N/A GOV EDUCATION - TUITION 7,500
    UNIVERSITY OF NORTHWESTERN OHIO
    1441 N CABLE RD
    LIMA,OH45805     		N/A PC EDUCATION - TUITION 20,401
    UNIVERSITY OF NORTHWESTERN OHIO
    1441 N CABLE RD
    LIMA,OH45805     		N/A PC EDUCATION - BOOKS 1,763
    UNIVERSITY OF PENNSYLVANIA
    UNIVERSITY OF PENNSYLVANIA
    PHILADELPHIA,PA19104     		N/A GOV EDUCATION - TUITION 2,685
    UNIVERSITY OF SAN FRANCISCO
    2130 FULTON ST
    SAN FRANCISCO,CA94117     		N/A PC EDUCATION - TUITION 6,587
    UNIVERSITY OF SOUTH CAROLINA
    902 SUMTER STREET ACCESS
    COLUMBIA,SC29208     		N/A GOV EDUCATION - TUITION 12,591
    UNIVERSITY OF SOUTH CAROLINA
    902 SUMTER STREET ACCESS
    COLUMBIA,SC29208     		N/A GOV EDUCATION - BOOKS 1,264
    UNIVERSITY OF VIRGINIA
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		N/A GOV EDUCATION - BOOKS 896
    UNITED WAY OF BRISTOL
    315 8TH STREET
    BRISTOL,TN37620     		N/A PC FUNDS FOR FOOD FOR HOMELESS 2,500
    VIRGINIA COMMONWEALTH UNIVERSITY
    1111 W BROAD STREET
    RICHMOND,VA23221     		N/A GOV EDUCATION - BOOKS 372
    VIRGINIA COMMONWEALTH UNIVERSITY
    1111 W BROAD STREET
    RICHMOND,VA23221     		N/A GOV EDUCATION - TUITION 4,557
    VIRGINIA TECH
    210 BURRUSS HALL
    BLACKSBURG,VA24061     		N/A GOV EDUCATION - ROOM & BOARD 100
    VIRGINIA TECH
    210 BURRUSS HALL
    BLACKSBURG,VA24061     		N/A GOV EDUCATION - TUITION 8,348
    VIRGINIA TECH
    210 BURRUSS HALL
    BLACKSBURG,VA24061     		N/A GOV EDUCATION - BOOKS 191
    VIRGINIA TECH FOUNDATION
    902 PRICES FORK ROAD
    BLACKSBURG,VA24061     		N/A PC STEM PROGRAM, KIDS TECH UNIVERSITY, SUMMER STEM INSTITUTE FOR K-12 EDUCATORS 35,000
    WAKE FOREST UNIVERSITY
    1834 WAKE FOREST RD
    WINSTONSALEM,NC27109     		N/A PC EDUCATION - TUITION 12,689
    WAKE FOREST UNIVERSITY
    1834 WAKE FOREST RD
    WINSTONSALEM,NC27109     		N/A PC EDUCATION - BOOKS 2,000
    WASHINGTON STATE UNIVERSITY
    1815 WILSON RD PO BOX 641068
    PULLMAN,WA991641068     		N/A GOV EDUCATION - TUITION 7,928
    WASHINGTON STATE UNIVERSITY
    1815 WILSON RD PO BOX 641068
    PULLMAN,WA991641068     		N/A GOV EDUCATION - BOOKS 923
    YMCA OF BUCHANAN COUNTY
    PO BOX 1450
    GRUNDY,VA24614     		N/A PC GENERAL SUPPORT 119,273
    YWCA - BRISTOL
    106 STATE STREET
    BRISTOL,TN37620     		N/A PC CHILDCARE CENTER & GENERAL SUPPORT 55,000
    Total .................................bullet 3a 1,706,702
    bApproved for future payment
    BOYS AND GIRLS CLUB OF BRISTOL INC
    334 REBECCA STREET
    BRISTOL,VA24201     		N/A PC GENERAL SUPPORT 30,000
    PRESBYTERIAN CHILDREN'S HOME OF THE HIGHLANDS INC
    425 GRAYSON ROAD
    WYTHEVILLE,VA24382     		N/A PC HELP SERVE YOUNG PEOPLE/FAMILIES IN CRISIS 20,000
    Total .................................bullet 3b 50,000
    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 4,737  
    4 Dividends and interest from securities....     14 713,347  
    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 2,509,447  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFAMILIES FIRST ACT TAX CREDITS     		    01 2,869  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,230,400 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,230,400
    (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 UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION 3,800 0   3,800

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FORD VAN - SOUP KITCHEN 2011-07-05 23,148 23,148 SL 3.000000000000 0 0    
    CHEVROLET VAN - SOUP KITCHEN 2012-10-01 16,720 16,720 SL 3.000000000000 0 0    
    CAN OPENER 2011-08-16 602 602 SL 5.000000000000 0 0    
    SOUP KETTLE 2011-10-01 20,448 20,448 SL 5.000000000000 0 0    
    REFRIGERATOR 2011-10-01 3,833 3,833 SL 5.000000000000 0 0    
    AIR CONDITIONER 2011-10-01 619 619 SL 5.000000000000 0 0    
    WORK TABLES 2011-11-01 882 882 SL 5.000000000000 0 0    
    DOUBLE DOOR COOLER 2009-10-01 4,902 4,902 SL 5.000000000000 0 0    
    TELEVISION 2012-02-01 399 399 SL 5.000000000000 0 0    
    HP INKJET PRINTER 2007-06-01 1,077 1,077 SL 5.000000000000 0 0    
    CANON PRINTER/SCANNER 2012-06-30 242 240 SL 5.000000000000 0 0    
    ELECTRICAL- SOUP KITCHEN 2011-12-01 4,555 2,457 SL 15.000000000000 304 0    
    NEW ENTRANCE DOORS 2011-11-01 3,324 1,813 SL 15.000000000000 222 0    
    SOUP KITCHEN CONSTRUCTION 2011-11-01 461 253 SL 15.000000000000 31 0    
    PAINTING NEW ADDITIONS 2011-11-01 672 367 SL 15.000000000000 45 0    
    INSTALL WATER & GAS LINE SOUP K 2011-11-01 1,474 800 SL 15.000000000000 98 0    
    PAVING 2011-12-01 7,500 4,042 SL 15.000000000000 500 0    
    ENTRANCE DOORS LOCK SET 2012-01-01 105 56 SL 15.000000000000 7 0    
    SOUP KITCHEN PAINTING 2012-03-01 617 321 SL 15.000000000000 41 0    
    SOUP KITCHEN RENOVATIONS 2012-03-01 3,542 1,849 SL 15.000000000000 236 0    
    SOUP KITCHEN ACOUSTICAL CEILING 2012-03-01 2,115 1,105 SL 15.000000000000 141 0    
    HP LASERJET PRINTER 2013-05-07 332 332 SL 5.000000000000 0 0    
    HP LASERJET PRINTER 2013-09-04 252 252 SL 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENT12 2013-12-31 1,080 432 SL 15.000000000000 72 0    
    AWNING 2014-02-01 1,080 420 SL 15.000000000000 72 0    
    REFRIGERATOR 2015-03-01 3,650 3,526 SL 5.000000000000 124 0    
    REFRIGERATOR 2017-03-22 2,600 1,473 SL 5.000000000000 520 0    
    SOUP KETTLE 2017-07-20 19,380 9,690 SL 5.000000000000 3,876 0    
    SOUP KITCHEN OFFICE REMODEL 2018-08-01 1,981 187 SL 15.000000000000 132 0    
    RENOVATION - MARTIN HALL WORK CLOSET 2018-08-01 5,691 537 SL 15.000000000000 379 0    
    RENOVATION - MARTIN HALL WORK CLOSET 2018-10-01 530 44 SL 15.000000000000 35 0    
    A/C - WORK CLOSET 2018-11-26 2,167 157 SL 15.000000000000 144 0    
    AIR CONDITIONER - REPL/INST 2018-09-20 876 234 SL 5.000000000000 175 0    
    REFRIGERATOR 2020-01-17 3,119   SL 5.000000000000 623 0    
    GAS UNIT HEATER 2020-12-31 4,475   SL 5.000000000000 0 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 3.4% 11/30/23 188,571 188,571
    ABBVIE INC 2.3% 05/14/21 251,382 251,382
    AMERN EXPRESS CO 2.5% 07/30/24 266,892 266,892
    ASSCTD BK GREEN BAY 3.5% 08/13/21 254,092 254,092
    AT&T INC 3.9% 03/11/24 274,187 274,187
    AVERY DENNISON CORP 3.35% 04/15/23 260,900 260,900
    CARLISLE COS INC 3.5% 12/01/24 273,990 273,990
    CHEVRON CORP 2.355% 12/05/22 207,104 207,104
    FIFTH THIRD BANCORP 2.375% 01/28/25 266,005 266,005
    FORD MOTOR CREDIT MTN 2.4% 05/20/21 248,900 248,900
    GOLDMAN SACHS GROUP INC 251,550 251,550
    HUNTINGTON NATL BK 3.25% 05/14/21 252,060 252,060
    LABORATORY CORP OF AM 3.25% 09/01/24 272,055 272,055
    MARATHON OIL CORP 3.85% 06/01/25 267,933 267,933
    MCKESSON CORP 2.85% 03/15/23 261,523 261,523
    MOSAIC CO 3.25% 11/15/22 261,238 261,238
    MOTOROLA SOLUTIONS INC 3.5% 03/01/23 264,210 264,210
    NORFOLK SOUTHERN CORP 3.25% 12/01/21 254,605 254,605
    O'REILLY AUTOMOTIVE IN 3.8% 09/01/22 261,675 261,675
    PHILLIPS 66 4.3% 04/01/22 261,808 261,808
    REGIONS FINANCIAL CORP 3.2% 02/08/21 250,095 250,095
    ROCKWELL COLLINS INC 3.2% 03/15/24 269,987 269,987
    ROPER TECHNOLOGIES IN 2.35% 09/15/24 266,142 266,142
    SYNOVUS FINANCIAL CO 3.125% 11/01/22 259,570 259,570
    SYNOVUS FINANCIAL CO 3.125% 11/01/22 259,570 259,570

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 483,946 483,946
    ACCENTURE PLC-CL A 729,037 729,037
    ADOBE SYSTEMS INC 556,133 556,133
    AIR PRODUCTS & CHEMICALS INC 191,800 191,800
    ALLEGION PLC 92,755 92,755
    ALPHABET INC-CL A 946,425 946,425
    ALPHABET INC/CA-CL C 847,910 847,910
    AMAZON.COM INC 2,279,851 2,279,851
    AMERIPRISE FINANCIAL INC 140,112 140,112
    AMPHENOL CORP-CL A 306,002 306,002
    APPLE INC 2,102,738 2,102,738
    APTIV PLC 262,795 262,795
    AUTOMATIC DATA PROCESSING 827,259 827,259
    BERKSHIRE HATHAWAY INC-CL B 641,816 641,816
    BLACKROCK INC 288,616 288,616
    BRISTOL-MYERS SQUIBB CO 434,210 434,210
    CDW CORP/DE 266,084 266,084
    COMCAST CORP 128,694 128,694
    COSTCO WHOLESALE CORP 252,066 252,066
    CSX CORP 140,662 140,662
    DANAHER CORP 130,840 130,840
    DEERE & CO 188,335 188,335
    DEXCOM INC 184,860 184,860
    DOLLAR GENERAL CORP 86,644 86,644
    ELECTRONIC ARTS INC 143,600 143,600
    ELI LILLY & CO 168,840 168,840
    ESTEE LAUDER COMPANIES-CL A 59,893 59,893
    FACEBOOK INC-A 793,530 793,530
    FIDELITY NATIONAL INFO SERV 143,016 143,016
    HOME DEPOT INC 566,302 566,302
    HONEYWELL INTERNATIONAL INC 477,086 477,086
    INTERCONTINENTAL EXCHANGE IN 96,728 96,728
    INTL FLAVORS & FRAGRANCES 148,349 148,349
    INTUIT INC 396,563 396,563
    IQVIA HOLDINGS INC 419,795 419,795
    JOHNSON & JOHNSON 236,070 236,070
    JP MORGAN CHASE & CO 762,420 762,420
    LOWE'S COS INC 117,012 117,012
    LULULEMON ATHLETICA INC 196,637 196,637
    MARKEL CORP 226,293 226,293
    MASTERCARD INC-CLASS A 903,415 903,415
    MEDTRONIC PLC 151,345 151,345
    MERCK AND CO INC 355,830 355,830
    METTLER-TOLEDO INTERNATIONAL 198,304 198,304
    MICROCHIP TECHNOLOGY INC 318,344 318,344
    MICROSOFT CORP 2,512,234 2,512,234
    MONDELEZ INTERNATIONAL INC-A 82,735 82,735
    NIKE INC -CL B 728,570 728,570
    NORFOLK SOUTHERN CORP 184,148 184,148
    NVIDIA CORP 261,100 261,100
    O'REILLY AUTOMOTIVE INC 118,121 118,121
    PARKER HANNIFIN CORP 134,843 134,843
    PAYPAL HOLDINGS INC 351,300 351,300
    PEPSICO INC 259,525 259,525
    PFIZER INC 248,467 248,467
    REPUBLIC SERVICES INC 151,672 151,672
    ROCKWELL AUTOMATION INC 168,795 168,795
    ROPER TECHNOLOGIES INC 201,319 201,319
    SALESFORCE.COM INC 514,712 514,712
    SCHWAB (CHARLES) CORP 337,653 337,653
    SERVICENOW INC 82,565 82,565
    SHERVIN-WILLIAMS CO/THE 102,152 102,152
    STARBUCKS CORP 187,215 187,215
    STERICYCLE INC 256,247 256,247
    TEXAS INSTRUMENTS INC 492,390 492,390
    THERMO FISHER SCIENTIFIC INC 319,059 319,059
    TJX COMPANIES INC 425,652 425,652
    TRANSDIGM GROUP INC 110,155 110,155
    ULTA BEAUTY INC 65,185 65,185
    UNILEVER N V -NY SHARES 140,035 140,035
    UNITEDHEALTH GROUP INC 415,556 415,556
    VERISK ANALYTICS INC 271,320 271,320
    VERIZON COMMUNICATIONS INC 152,750 152,750
    VERTEX PHARMACEUTICALS INC 177,255 177,255
    VISA INC-CLASS A SHARES 218,730 218,730
    ZOETIS INC 449,995 449,995

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN TOWER CORP FMV 498,975 498,975
    COMMUNICATION SERVICES SELECT SECTOR FMV 506,100 506,100
    CONSUMER STAPLES SPDR FMV 151,762 151,762
    HEALTH CARE SELECT SECTOR FMV 249,568 249,568
    INDUSTRIAL SELECT SECT SPDR FMV 349,773 349,773
    INVESCO QQQ TRUST SERIES 1 FMV 337,270 337,270
    INVESCO S&P 500 EQUAL WEIGHT FMV 701,470 701,470
    ISHARES MSCI EMERGING MARKET FMV 103,340 103,340
    ISHARES S&P 500 GROWTH ETF FMV 917,412 917,412
    JPMORGAN ULTRA-SHORT INCOME FMV 1,422,120 1,422,120
    MATERIALS SELECT SECTOR SPDR FMV 144,780 144,780
    PIMCO ACTIVE BOND EXCHANGE-TRA FMV 1,391,253 1,391,253
    SPDR DJIA TRUST FMV 162,069 162,069
    SPDR DOUBLELINE TR TACT ETF FMV 747,085 747,085
    SPDR PORT SHRT TRM TRSRY FMV 2,264,863 2,264,863
    SPDR S&P 500 ETF TRUST FMV 3,542,513 3,542,513
    SPDR SERIES TRUST FMV 764,198 764,198

    TY 2020 LandEtcSchedule2
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FORD VAN - SOUP KITCHEN 23,148 23,148 0  
    CHEVROLET VAN - SOUP KITCHEN 16,720 16,720 0  
    CAN OPENER 602 602 0  
    SOUP KETTLE 20,448 20,448 0  
    REFRIGERATOR 3,833 3,833 0  
    WORK TABLES 882 882 0  
    DOUBLE DOOR COOLER 4,902 4,902 0  
    TELEVISION 399 399 0  
    HP INKJET PRINTER 1,077 1,077 0  
    CANON PRINTER/SCANNER 242 240 2  
    ELECTRICAL- SOUP KITCHEN 4,555 2,761 1,794  
    NEW ENTRANCE DOORS 3,324 2,035 1,289  
    SOUP KITCHEN CONSTRUCTION 461 284 177  
    PAINTING NEW ADDITIONS 672 412 260  
    INSTALL WATER & GAS LINE SOUP K 1,474 898 576  
    PAVING 7,500 4,542 2,958  
    ENTRANCE DOORS LOCK SET 105 63 42  
    SOUP KITCHEN PAINTING 617 362 255  
    SOUP KITCHEN RENOVATIONS 3,542 2,085 1,457  
    SOUP KITCHEN ACOUSTICAL CEILING 2,115 1,246 869  
    HP LASERJET PRINTER 332 332 0  
    HP LASERJET PRINTER 252 252 0  
    LEASEHOLD IMPROVEMENT12 1,080 504 576  
    AWNING 1,080 492 588  
    REFRIGERATOR 3,650 3,650 0  
    REFRIGERATOR 2,600 1,993 607  
    SOUP KETTLE 19,380 13,566 5,814  
    SOUP KITCHEN OFFICE REMODEL 1,981 319 1,662  
    RENOVATION - MARTIN HALL WORK CLOSET 5,691 916 4,775  
    RENOVATION - MARTIN HALL WORK CLOSET 530 79 451  
    A/C - WORK CLOSET 2,167 301 1,866  
    AIR CONDITIONER - REPL/INST 876 409 467  
    REFRIGERATOR 3,119 623 2,496  
    GAS UNIT HEATER 4,475 0 4,475  


    TY 2020 OtherExpensesSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FUEL (SOUP KITCHEN) 2,998 0   2,998
    REPAIRS AND MAINTENANCE 1,720 0   1,720
    SUPPLIES 15,674 0   15,674
    VEHICLE EXPENSE (SOUP KITCHEN) 1,148 0   1,148
    COST OF FOOD CONSUMED (SOUP KITCHEN) 176,202 0   176,202
    INSURANCE 29,306 0   29,306
    PAYROLL PROCESSING - ADP 1,637 0   1,637
    TELEPHONE 1,277 0   1,277
    ELECTRICITY 10,167 0   10,167
    CABLE TV 21 0   21
    HSA ADMINISTRATIVE EXPENSE 750 0   750
    PROMOTIONS & ADVERTISING 1,406 0   1,406
    COLLEGE VISITS 96 0   96
    MISCELLANEOUS EXPENSE 6 0   6


    TY 2020 OtherIncomeSchedule2
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FAMILIES FIRST ACT TAX CREDITS 2,869   2,869


    TY 2020 OtherIncreasesSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Description Amount
    NET UNREALIZED GAINS ON INVESTMENTS 2,666,743


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 265,802 265,802   0


    TY 2020 TaxesSchedule
    Name:
    THE UNITED COMPANY FOUNDATION
    EIN:
    54-1390453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECTION 4940 TAX 59,065 0   0