Form990-PF
Click to see attachment

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
Sterling-Turner Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)5850 San Felipe
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77057
A Employer identification number

74-1460482
B Telephone number (see instructions)

(713) 237-1117
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$40,149,349J Accounting method:
Modified Cash
(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 560 560  
4 Dividends and interest from securities... 2,163,478 2,163,478  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,663,814
b Gross sales price for all assets on line 6a 5,132,101
7 Capital gain net income (from Part IV, line 2)... 1,663,814
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........ 3,827,852 3,827,852  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 90,250     90,250
15 Pension plans, employee benefits....... 32,418     32,418
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,740 4,870   4,870
c Other professional fees (attach schedule).... Click to see attachment 142,260 134,311   7,949
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 51,273      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 26,874     26,874
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 728     728
23 Other expenses (attach schedule)....... Click to see list of attachments 6,687     6,687
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 360,230 139,181   169,776
25 Contributions, gifts, grants paid....... 1,695,000 1,695,000
26 Total expenses and disbursements. Add lines 24 and 25 2,055,230 139,181   1,864,776
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,772,622
b Net investment income (if negative, enter -0-) 3,688,671
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......... 246,935 844,512 844,512
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.......... 31,711 438 438
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,993,667 Click to see attachment7,141,818 39,298,096
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet133,687
Less: accumulated depreciation (attach schedule) bullet131,007 2,680 Click to see attachment2,680 2,680
15 Other assets (describe bullet) Click to see attachment4,429 Click to see attachment3,623 Click to see attachment3,623
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,279,422 7,993,071 40,149,349
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) Click to see attachment136,432 Click to see attachment77,459
23 Total liabilities (add lines 17 through 22)......... 136,432 77,459
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,142,990 7,915,612
29 Total net assets or fund balances (see instructions)..... 6,142,990 7,915,612
30 Total liabilities and net assets/fund balances (see instructions). 6,279,422 7,993,071
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
6,142,990
2
Enter amount from Part I, line 27a .....................
2
1,772,622
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,915,612
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,915,612
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 5,132,101   3,468,287 1,663,814
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       1,663,814
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 1,663,814
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 51,273
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 51,273
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 51,273
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 51,711
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 51,711
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 438
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet438 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.sterlingturnerfoundation.org
    14
    The books are in care ofbulletPat Stilley Telephone no.bullet (713) 237-1117

    Located atbullet5850 San Felipe Ste 125HoustonTX ZIP+4bullet77057
    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
     
     
    .........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
    T R Reckling III President
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    L David Winston Vice President
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Isla C Reckling Treasurer
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Christiana R McConn Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Carroll R Goodman Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Chaille W Hawkins Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Isla C Jornayvaz Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    James S Reckling Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    John B Reckling Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    HOUSTON,TX77057
    Stephen Reckling Jr Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    Thomas K Reckling Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    T R Reckling IV Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    E Carroll Schuler Asst Secretary
    1.00     		0    
    5850 San Felipe St Ste 125
    Houston,TX77057
    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
    Pat Stilley Executive Director
    40.00     		51,750    
    5850 San Felipe 125
    Houston,TX77057
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Salient Capital LP Investment mgmt 134,259
    4265 San Felipe 8th Floor
    Houston,TX77027
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    38,354,113
    b
    Average of monthly cash balances.......................
    1b
    687,391
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,041,504
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    39,041,504
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    585,623
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    38,455,881
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,922,794
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,922,794
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    51,273
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    51,273
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,871,521
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,871,521
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,871,521
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,864,776
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,864,776
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,864,776
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,871,521
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 765,096
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,864,776
    a Applied to 2019, but not more than line 2a 765,096
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,099,680
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		771,841
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    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 e-mail address of the person to whom applications should be addressed:
    Sterling-Turner Foundation
    5850 San Felipe Suite 125
    Houston,TX77057
    (713) 237-1117
    see the website www.sterlingturnerfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    Application forms and instructions on the Sterling-Turner Foundation website.
    cAny submission deadlines:
    Prior to March 1st of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Awards are limited to Texas public charities which are exempt under 501(c)(3). The charities must be within certain geographic boundaries.
    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
    Angela House
    6725 Reed Rd
    Houston,TX77087     		N/A PC General support 10,000
    BakerRipley
    PO Box 271389
    Houston,TX77277     		N/A PC General support 20,000
    Bay Area Turning Point Inc
    PO Box 58537
    Webster,TX77598     		N/A PC General support 10,000
    Big Brothers Big Sisters Lone Star
    1003 Washington Ave
    Houston,TX77002     		N/A PC General support 10,000
    Boys Girls Country of Houston
    18806 Roberts Rd
    Hockley,TX77447     		N/A PC General support 5,000
    Boys and Girls Clubs of Greater Hou
    815 Crosby St
    Houston,TX77019     		N/A PC BookNook app 25,000
    Bridges to Life
    PO Box 570895
    Houston,TX77257     		N/A PC General support 5,000
    Casa de Esperanza de los Ninos Inc
    PO Box 66581
    Houston,TX77266     		N/A PC General support 25,000
    Center for Child Protection
    8509 FM 969 Bldg 2
    Austin,TX78724     		N/A PC General support 5,000
    Center for Hearing and Speech
    1417 Houston Ave
    Houston,TX77007     		N/A PC General support 5,000
    Children's Museum Inc
    1500 Binz St
    Houston,TX77004     		N/A PC General support 10,000
    Christ Clinic
    802 Dominion Dr 800
    Katy,TX77450     		N/A PC General support 10,000
    Christian Outreach Alliance Clear L
    938 El Dorado Blvd
    Houston,TX77062     		N/A PC General support 25,000
    Clayton Dabney Fdn for Kids with Ca
    6500 Greenville Ave 342
    Dallas,TX75206     		N/A PC General support for Houston location 5,000
    Cystic Fibrosis Foundation
    57 Executive Park S 380
    Atlanta,GA30329     		N/A PC General support 10,000
    Discovery Green Conservancy
    1500 McKinney St
    Houston,TX77010     		N/A PC Green for Green program 10,000
    East Fort Bend Human Needs Ministry
    435 Stafford Run Rd
    Stafford,TX77477     		N/A PC Kids food pantry 10,000
    Eyes on Me Inc
    10750 Hammerly Blvd 263
    Houston,TX77043     		N/A PC General support 10,000
    Hermann Park Conservancy
    1700 Hermann Dr
    Houston,TX77004     		N/A PC General support 5,000
    Hill Country Casa Inc
    PO Box 290965
    Kerrville,TX78029     		N/A PC General support 10,000
    Houston Ballet Foundation
    601 Preston St
    Houston,TX77002     		N/A PC General support 20,000
    Houston Food Bank
    535 Portwall St
    Houston,TX77029     		N/A PC General support 50,000
    Houston Zoo Inc
    6200 Hermann Park Dr
    Houston,TX77030     		N/A PC General support 10,000
    Hunt Volunteer Fire Department
    PO Box 362
    Hunt,TX78024     		N/A PC General support 5,000
    Katy Cares Inc
    6725 South Fry Rd 700-507
    Katy,TX77494     		N/A PC General support 7,500
    Kids' Meals Inc
    330 Garden Oaks Blvd
    Houston,TX77018     		N/A PC General support 25,000
    Lord of the Streets Episcopal Churc
    3401 Fannin St
    Houston,TX77004     		N/A PC General support 10,000
    Mercy Gate Ministries
    3170 Junction Hwy Rm W-3
    Ingram,TX78025     		N/A PC Property purchase 25,000
    Moving Waters
    13821 Campwood Lane
    Cypress,TX77429     		N/A PC Trailer challenge grant 10,000
    Museum of Fine Arts Houston
    PO Box 6826
    Houston,TX77265     		N/A PC Reinzi education program 10,000
    Nick Finnegan Counseling Cntr Fdn
    2714 Joanel St
    Houston,TX77027     		N/A PC General support 10,000
    Open Door Mission
    PO Box 9356
    Houston,TX77261     		N/A PC General support 25,000
    Pathways for Little Feet
    9 Greenway Plaza 3150
    Houston,TX77046     		N/A PC Adoption loans 2,500
    Raphael Community Free Clinic
    1807 Water St
    Kerrville,TX78028     		N/A PC Women checks 5,000
    Ronald McDonald House of Houston In
    1907 Holcombe Blvd
    Houston,TX77030     		N/A PC General support 5,000
    Second Servings of Houston
    4500 Bissonnet St 360
    Bellaire,TX77401     		N/A PC General support 5,000
    SIRE Inc
    11211 Katy Freeway 660
    Houston,TX77079     		N/A PC General support 5,000
    Spaulding for Children
    6925 Portwest Dr 110
    Houston,TX77024     		N/A PC General support 5,000
    Stages Inc
    3201 Allen Parkway
    Houston,TX77019     		N/A PC Expansion fund 500,000
    Star of Hope Mission
    4848 Loop Central
    Houston,TX77081     		N/A PC General support 50,000
    Taping for the Blind Inc
    3935 Essex Lane
    Houston,TX77027     		N/A PC General support 5,000
    The Council on Recovery
    303 Jackson Hill St
    Houston,TX77007     		N/A PC Fall luncheon 10,000
    The Forge for Families Inc
    3435 Dixie Dr
    Houston,TX77021     		N/A PC General support 10,000
    The Joy Development School
    One Chelsea Blvd
    Houston,TX77006     		N/A PC Big Dream campaign 100,000
    The Salvation Army
    1801 Edinburgh St
    Rawlins,WY82301     		N/A PC General support 30,000
    University of Houston
    4800 Calhoun Rd
    Houston,TX77004     		N/A GOV Bert F. Winston Jr. Band Performance Cen 500,000
    Women's Home
    607 Westheimer Rd
    Houston,TX77006     		N/A PC General support 20,000
    YMCA
    2600 N Loop W Fwy 300
    Houston,TX77092     		N/A PC Youth programs 10,000
    Total .................................bullet 3a 1,695,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 560  
    4 Dividends and interest from securities....     14 2,163,478  
    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 1,663,814  
    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)..   3,827,852  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,827,852
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 6,756 3,378 0 3,378
    Audit and tax compliance 2,984 1,492 0 1,492

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    443 Abbott Laboratories 40,572 48,504
    480 Abbvie Inc 49,563 51,432
    160 Accenture PLC 30,132 41,794
    137 Adobe Systems Inc 52,822 68,516
    6,639 AES Corp 90,618 156,017
    135 Air Products and Chemicals Inc 36,288 36,885
    52 Align Technology Inc 11,758 27,788
    571 Allstate Corp 60,771 62,770
    37 Alphabet Inc Cap Stk Cl A 60,598 64,848
    38 Alphabet Inc Cap Stk Cl C 53,258 66,571
    16,000 Altria Group Inc 235,236 656,000
    415 American Express Co 48,135 50,178
    207 Amgen Inc 45,324 47,593
    140 Autodesk Inc 29,030 42,748
    19 Autozone Inc 22,622 22,523
    7,000 Bank of New York Mellon Corp 246,628 297,080
    225 Berkshire Hathaway Inc 51,541 52,171
    236 Best Buy Co Inc 24,332 23,550
    2,123 BK of America Corp 61,657 64,348
    242 Boeing Co 53,005 51,803
    835 Bristol-Myers Squibb Co 47,410 51,795
    152 Broadcom Inc 39,298 66,553
    934 Cardinal Health Inc 45,130 50,025
    408 Carlisle Companies Inc 48,713 63,721
    1,027 CBRE Group Inc 46,916 64,413
    768 Chevron Corp 66,713 64,858
    808 Cisco Systems Inc 36,204 36,158
    71,147 Coca-Cola Co 155,275 3,901,701
    1,343 CVS Health Corporation 86,854 91,727
    131 Dollar Gen Corp 24,005 27,549
    1571 Dow Inc 59,645 87,191
    1,009 Eastman Chem Co 55,483 101,183
    941 Ebay Inc 49,365 47,285
    465,401 Exxon Mobil Corp 1,403,058 19,183,829
    290 Facebook Inc-Class A 63,175 79,216
    140 Gartner Inc 15,724 22,427
    25,000 General Electric Co 42,321 270,000
    256 HCA Healthcare Inc 30,880 42,102
    4,986 Hewlett Packard Enterprise Co 53,987 59,084
    483 Hollyfrontier Corp 12,180 12,486
    194 Home Depot Inc 47,267 51,530
    116 Honeywell International Inc 24,423 24,673
    51 Illumina Inc 18,041 18,870
    402 International Bus Mach Corp 49,964 50,604
    24 Intuitive Surgical Inc 17,956 19,634
    1,840 Iron Mountain Inc 41,689 54,243
    154 Jazz Pharmaceuticals PLC 20,734 25,418
    4,306 Johnson & Johnson 94,532 677,678
    12,706 Kinder Morgan Inc 272,872 173,691
    1,423 Kroger Co 41,223 45,194
    74 Lockheed Martin Corp 26,019 26,269
    130 Mastercard Incorporated Cl A 36,651 46,402
    423 McKesson Corp 53,781 73,568
    25,000 Merk & Co Inc 234,794 2,045,000
    822 MGM Resorts International 25,914 25,901
    24,336 Microsoft Corp 692,385 5,412,813
    2,455 Morgan Stanley 99,396 168,241
    641 MSC Industrial Direct 41,323 54,094
    40 MSCI Inc 13,490 17,861
    484 Nextera Energy Inc 36,247 37,341
    150 Nike Inc Class B 13,296 21,221
    159 Northrop Grumman Corp 48,588 48,450
    1,485 NRG Energy Inc 47,570 55,762
    884 Omnicom Group Inc 51,029 55,135
    906 Oracle Corp 51,080 58,609
    358 Owens Corning 14,334 27,122
    164 PayPal Hldgs Inc 25,235 38,409
    7,147 Philip Morris International Inc 217,240 591,701
    13,850 Proctor and Gamble Co 113,374 1,927,089
    799 Prudential Financial Inc 40,898 62,378
    346 Raytheon Technologies Corp 24,256 24,742
    46 Regeneron Pharmaceuticals Inc 26,759 22,223
    511 Reliance Steel & Aluminum Co 43,558 61,192
    158 Salesforce.com Inc 27,483 35,160
    2,455 Schlumberger Limited 55,244 53,593
    73 Servicenow Inc 27,645 40,181
    179 Skyworks Solutions Inc 25,133 27,366
    272 Snap-On Inc 45,919 46,550
    289 Starbucks Corp 21,109 30,917
    1,699 State Street Corp 88,094 123,653
    426 Target Corp 53,638 75,202
    687 Truist Finl Corp 32,863 32,928
    690 Twitter Inc 38,077 37,364
    251 United Parcel Service Inc 41,334 42,268
    367 United Rentals Inc 63,983 85,111
    79 Unitedhealth Group Inc 25,114 27,704
    426 Valero Energy Corp 24,621 24,099
    1,515 Viacomcbs Inc Cl B 55,126 56,449
    202 Visa Inc 36,873 44,183
    453 Walmart Inc 53,912 65,300
    1,246 Wells Fargo Co 36,208 37,604
    2,227 Western Union Co 42,997 48,860
    153 Zimmer Biomet Holdings Inc 23,133 23,576
    245 Zoetis Inc 31,168 40,548

    TY 2020 LandEtcSchedule2
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 133,687 131,007 2,680 2,680


    TY 2020 OtherAssetsSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Deposits 4,429 3,623 3,623


    TY 2020 OtherExpensesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 4,107     4,107
    Office expense 1,079     1,079
    Telephone 1,501     1,501


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    100 Call (XOM) 01/20 75.0 01/17/2020 23,741 54,590
    100 Call (XOM) 02/20 70.0 02/21/2020 21,146  
    100 Call (XOM) 03/20 72.5 03/20/2020 27,246  
    200 Call (XOM) 04/20 75.0 04/17/2020 38,891  
    100 Call (XOM) 1/15/21    
    100 Call (XOM) 2/19/21    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Information technology services 7,949 0 0 7,949
    Investment management fees 134,311 134,311 0 0


    TY 2020 TaxesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 51,273