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 RUTH J JONES CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O ROBERT B GREGORY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DAMARISCOTTA, ME04543
A Employer identification number

30-0097675
B Telephone number (see instructions)

(207) 563-8104
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$5,728,523J 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 6,626 6,626  
4 Dividends and interest from securities... 78,249 76,862  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 175,435
b Gross sales price for all assets on line 6a 612,867
7 Capital gain net income (from Part IV, line 2)... 175,435
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 260,310 258,923 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 30,357      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment 1,890      
c Other professional fees (attach schedule).... Click to see attachment 38,010 38,010    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,910 2,087    
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 0      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,167 40,097   0
25 Contributions, gifts, grants paid....... 224,500 224,500
26 Total expenses and disbursements. Add lines 24 and 25 300,667 40,097   224,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -40,357
b Net investment income (if negative, enter -0-) 218,826
c Adjusted net income (if negative, enter -0-)... 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............. 28,587 45,003 45,003
2 Savings and temporary cash investments......... 123,656 94,221 94,221
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,675,153 Click to see attachment2,740,353 5,191,924
c Investments—corporate bonds (attach schedule)....... 409,560 Click to see attachment317,022 397,375
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,236,956 3,196,599 5,728,523
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) 0 0
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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 3,236,956 3,196,599
29 Total net assets or fund balances (see instructions)..... 3,236,956 3,196,599
30 Total liabilities and net assets/fund balances (see instructions). 3,236,956 3,196,599
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,236,956
2
Enter amount from Part I, line 27a .....................
2
-40,357
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,196,599
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
3,196,599
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 60000 ALLY BK P 2019-02-04 2020-08-07
b 100 APPLE P 2012-12-23 2020-07-28
c 100 APPLE P 2012-12-23 2020-11-19
d 600 BAR HARBOR P 2012-12-23 2020-07-28
e 200 COLGATE P 2012-12-23 2020-07-28
500 DBX P 2017-10-26 2020-08-10
1000 DUFF & PHELPS P 2012-12-23 2020-11-19
2000 MADISON P 2012-12-23 2020-05-28
2000 MADISON P 2012-12-23 2020-07-28
200 SELECT SECTOR SPDR TRUST P 2012-12-23 2020-07-28
100 SELECT SECTOR SPDR TRUST P 2012-12-23 2020-11-19
300 COLGATE P 2005-03-03 2020-07-28
300 GILEAD P 2006-03-29 2020-11-19
79 AMADEUS IT P 2019-07-19 2020-06-08
2 AMERICAN EXPRESS P 2019-08-13 2020-03-25
2 ANTHEM P 2019-11-06 2020-03-25
13 ARMSTRONG P 2020-10-16 2020-12-28
25 AVALONBAY P 2020-01-15 2020-09-10
14 BAIDU P 2020-04-16 2020-06-08
7 BECTON DICKINSON P 2019-06-07 2020-05-22
10 CHARLES SCHWAB P 2020-01-10 2020-03-25
32 dentsu group P 2019-07-19 2020-04-02
89 DYCOM P 2019-10-31 2020-10-29
139 HSBC P 2019-12-11 2020-04-02
4 LUKOIL P 2019-03-27 2020-03-25
12 MOLINA P 2020-03-13 2020-12-28
193.8 OVINTIV P 2020-03-02 2020-10-05
44 SCHLUMBERGER P 2019-07-19 2020-04-16
20 SERVICEMASTER P 2020-03-10 2020-05-29
9 SGS P 2019-04-16 2020-03-25
18 SHIONOGI P 2020-02-02 2020-04-02
41 TERMINEX P 2020-03-13 2020-12-28
188 TRINITY P 2020-03-25 2020-11-24
22 UNIVAR P 2020-09-30 2020-12-28
2 ADIDAS P 2018-11-12 2020-03-25
95 AGCO P 2015-09-18 2020-12-28
13 ALFA LAVAL P 2016-02-12 2020-03-25
35 ALLERGAN P 2017-11-03 2020-04-02
44 ALLIANZ P 2013-02-27 2020-03-25
3 APPLE P 2013-05-28 2020-03-25
32 ATLAS P 2013-02-27 2020-03-25
62 BAIDU P 2015-05-26 2020-06-08
25 BECTON DICKINSON P 2017-01-20 2020-05-22
208 BRINKS P 2018-06-01 2020-12-28
29 BROADRIDGE P 2017-12-12 2020-12-28
46 CANADIAN NATIONAL RAILWAY P 2013-02-27 2020-05-13
174 CENTENE P 2015-10-02 2020-10-13
24 CHECKPOINT P 2016-09-13 2020-04-02
138 CHINA MOBILE P 2019-03-27 2020-12-21
3 CHUBB P 2013-06-06 2020-03-25
9 CHUGAI PHARM P 2019-03-06 2020-04-16
46 CLEAN HARBOR P 2015-10-02 2020-12-28
58.642 CLEARBRIDGE P 2014-08-19 2020-03-25
13 CME P 2018-07-11 2020-01-10
8 COLGATE P 2014-06-06 2020-03-25
58 CRANE P 2019-01-02 2020-12-28
33 CYRUSONE P 2017-08-11 2020-02-14
431 DARLING INGREDIENTS P 2015-11-06 2020-12-28
9 DASSAULT SYSTEMS P 2013-06-06 2020-04-16
8 DBS P 2013-02-27 2020-03-25
77 DENTSU P 2019-01-22 2020-04-02
265 DYCOM P 2018-08-14 2020-12-11
25 EPIROC AKTIEBOLAG P 2019-01-03 2020-03-25
268 EXTENDED STAY P 2017-10-04 2020-12-28
317 FIRST HORIZON P 2019-04-08 2020-12-28
164 FUCHS PETROLUB P 2014-03-19 2020-01-22
540 HANESBRAND P 2016-12-06 2020-12-28
4 HDFC P 2017-07-05 2020-03-25
5 HONEYWELL P 2013-06-18 2020-03-25
105 HSBC HOLDINGS P 2016-12-30 2020-04-02
20 ICICI BANK P 2016-12-14 2020-03-25
38 IDEX CORP P 2013-02-27 2020-09-30
170 INFINEON TECHNOLOGIES P 2017-06-05 2020-09-22
58.238 INGERSOLL RAND P 2016-09-28 2020-03-09
67.083 INVESCO P 2013-02-27 2020-03-25
5 JOHNSON & JOHNSON P 2015-08-03 2020-03-25
31 JP MORGAN CHASE P 2013-02-27 2020-01-10
329 KNOWLES P 2015-08-24 2020-12-28
18 L OREAL P 2013-02-27 2020-03-25
14 LINDE P 2018-05-15 2020-04-16
23 LONZA P 2018-05-18 2020-03-25
16 LOWES P 2013-06-06 2020-06-26
7 MARSH & MCLENNAN P 2014-07-28 2020-03-25
13 MEDTRONIC P 2015-03-26 2020-03-25
29 MICROSOFT P 2013-02-27 2020-06-26
13 MONDELEZ P 2015-09-28 2020-03-25
63 MURPHY P 2017-08-08 2020-12-28
101 NESTLE P 2013-02-27 2020-05-13
4 NEXTERA P 2013-02-27 2020-04-06
395.000 OVINTIV P 2019-02-15 2020-10-05
16 PACKAGING CORP P 2013-08-23 2020-09-10
6 PEPSICO P 2015-01-27 2020-03-25
55 PNC P 2019-03-22 2020-06-18
59 POLARIS P 2016-01-28 2020-12-28
63 REALTY INCOME P 2018-10-03 2020-01-15
126 ROCHE HOLDING P 2013-06-06 2020-04-16
14 ROYAL DUTCH SHELL P 2016-02-29 2020-04-02
7 SAP P 2013-06-06 2020-05-13
103 SASOL P 2013-06-06 2020-04-16
98 SCHLUMBERGER P 2016-04-20 2020-04-16
17 SEI P 2019-01-31 2020-09-30
6.86 SONOVA P 2013-02-27 2020-06-25
201 TAIWAN SEMICONDUCTOR P 2013-02-27 2020-08-05
167 THOR INDUSTRIES P 2018-03-14 2020-12-28
222 TIMKIN P 2018-08-13 2020-12-28
7 TRANE P 2016-09-28 2020-03-25
635 TRINITY P 2015-08-24 2020-11-09
54 UNICHARM P 2019-03-16 2020-12-07
6 UNION PACIFIC P 2013-12-02 2020-03-25
3 UNITED HEALTH P 2013-09-06 2020-03-25
62 WALT DISNEY P 2015-11-20 2020-11-20
15 WATSCO P 2019-01-02 2020-12-28
18 WEC ENERGY P 2015-09-10 2020-04-06
254 WESTERN UNION P 2015-08-04 2020-12-28
270 WESTROCK P 2015-04-29 2020-12-28
61 YANDEX P 2018-10-25 2020-10-12
CAPITAL GAIN DISTRIBUTIONS P 2019-01-01 2020-12-31
(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 60,000 0 59,882 118
b 37,457 0 7,357 30,100
c 11,739 0 1,839 9,900
d 12,257 0 8,945 3,312
e 15,143 0 10,546 4,597
17,172 0 15,270 1,902
11,730 0 14,321 -2,591
11,320 0 13,106 -1,786
11,528 0 12,994 -1,466
21,175 0 5,771 15,404
12,015 0 2,886 9,129
21,864 0 7,953 13,911
20,802 0 4,623 16,179
4,699 0 6,281 -1,582
174 0 251 -77
425 0 551 -126
962 0 890 72
3,822 0 5,301 -1,479
1,633 0 1,427 206
1,679 0 1,668 11
326 0 478 -152
566 0 1,091 -525
5,119 0 4,044 1,075
3,411 0 5,146 -1,735
232 0 359 -127
2,281 0 1,509 772
1,566 0 2,216 -650
627 0 1,702 -1,075
641 0 641 0
205 0 234 -29
204 0 264 -60
1,973 0 1,262 711
4,430 0 3,256 1,174
419 0 373 46
225 0 228 -3
7,748 0 5,197 2,551
216 0 204 12
6,162 0 5,909 253
726 0 604 122
763 0 190 573
971 0 702 269
7,229 0 12,804 -5,575
6,037 0 4,644 1,393
13,351 0 13,878 -527
3,944 0 1,987 1,957
3,667 0 2,283 1,384
10,069 0 5,127 4,942
2,385 0 1,839 546
3,875 0 7,090 -3,215
302 0 266 36
2,308 0 1,252 1,056
2,682 0 2,018 664
9,035 0 13,036 -4,001
2,687 0 2,191 496
490 0 544 -54
3,952 0 4,360 -408
2,247 0 1,797 450
14,977 0 6,380 8,597
1,355 0 581 774
427 0 394 33
1,361 0 3,707 -2,346
13,252 0 15,961 -2,709
217 0 234 -17
2,798 0 3,487 -689
3,210 0 4,705 -1,495
1,906 0 2,153 -247
6,753 0 10,966 -4,213
143 0 176 -33
628 0 386 242
2,577 0 4,303 -1,726
154 0 141 13
5,648 0 2,424 3,224
3,843 0 4,104 -261
1,351 0 1,028 323
2,366 0 2,365 1
600 0 498 102
4,220 0 1,542 2,678
5,329 0 4,765 564
967 0 538 429
2,488 0 2,288 200
883 0 618 265
2,094 0 648 1,446
610 0 358 252
1,265 0 985 280
5,096 0 900 4,196
607 0 534 73
7,408 0 4,309 3,099
10,399 0 7,006 3,393
939 0 288 651
2,228 0 12,155 -9,927
1,673 0 1,084 589
681 0 580 101
6,015 0 6,878 -863
4,266 0 4,279 -13
4,781 0 3,518 1,263
5,046 0 3,805 1,241
509 0 666 -157
796 0 530 266
310 0 4,048 -3,738
1,397 0 5,984 -4,587
920 0 814 106
231 0 162 69
12,570 0 4,336 8,234
15,869 0 13,940 1,929
12,075 0 9,955 2,120
557 0 365 192
12,465 0 12,427 38
427 0 353 74
815 0 492 323
710 0 223 487
8,327 0 6,809 1,518
3,312 0 2,102 1,210
1,567 0 855 712
5,362 0 4,889 473
9,675 0 11,758 -2,083
3,744 0 1,648 2,096
58,583 0 0 58,583
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 0 0 0 118
b 0 0 0 30,100
c 0 0 0 9,900
d 0 0 0 3,312
e 0 0 0 4,597
0 0 0 1,902
0 0 0 -2,591
0 0 0 -1,786
0 0 0 -1,466
0 0 0 15,404
0 0 0 9,129
0 0 0 13,911
0 0 0 16,179
0 0 0 -1,582
0 0 0 -77
0 0 0 -126
0 0 0 72
0 0 0 -1,479
0 0 0 206
0 0 0 11
0 0 0 -152
0 0 0 -525
0 0 0 1,075
0 0 0 -1,735
0 0 0 -127
0 0 0 772
0 0 0 -650
0 0 0 -1,075
0 0 0 0
0 0 0 -29
0 0 0 -60
0 0 0 711
0 0 0 1,174
0 0 0 46
0 0 0 -3
0 0 0 2,551
0 0 0 12
0 0 0 253
0 0 0 122
0 0 0 573
0 0 0 269
0 0 0 -5,575
0 0 0 1,393
0 0 0 -527
0 0 0 1,957
0 0 0 1,384
0 0 0 4,942
0 0 0 546
0 0 0 -3,215
0 0 0 36
0 0 0 1,056
0 0 0 664
0 0 0 -4,001
0 0 0 496
0 0 0 -54
0 0 0 -408
0 0 0 450
0 0 0 8,597
0 0 0 774
0 0 0 33
0 0 0 -2,346
0 0 0 -2,709
0 0 0 -17
0 0 0 -689
0 0 0 -1,495
0 0 0 -247
0 0 0 -4,213
0 0 0 -33
0 0 0 242
0 0 0 -1,726
0 0 0 13
0 0 0 3,224
0 0 0 -261
0 0 0 323
0 0 0 1
0 0 0 102
0 0 0 2,678
0 0 0 564
0 0 0 429
0 0 0 200
0 0 0 265
0 0 0 1,446
0 0 0 252
0 0 0 280
0 0 0 4,196
0 0 0 73
0 0 0 3,099
0 0 0 3,393
0 0 0 651
0 0 0 -9,927
0 0 0 589
0 0 0 101
0 0 0 -863
0 0 0 -13
0 0 0 1,263
0 0 0 1,241
0 0 0 -157
0 0 0 266
0 0 0 -3,738
0 0 0 -4,587
0 0 0 106
0 0 0 69
0 0 0 8,234
0 0 0 1,929
0 0 0 2,120
0 0 0 192
0 0 0 38
0 0 0 74
0 0 0 323
0 0 0 487
0 0 0 1,518
0 0 0 1,210
0 0 0 712
0 0 0 473
0 0 0 -2,083
0 0 0 2,096
0 0 0 58,583
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 2 175,435
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 -3,550
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 3,042
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 3,042
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 3,042
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,700
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,612
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -6312 7 6,312
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 3,270
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,270 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
 
No
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)
    bulletME
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletROBERT B GREGORY Telephone no.bullet (207) 563-8104

    Located atbulletPO BOX 760DAMARISCOTTAME ZIP+4bullet04543
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT B GREGORY TRUSTEE
    3.00     		30,357 0 0
    PO BOX 760
    DAMARISCOTTA,ME04543
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    4,859,322
    b
    Average of monthly cash balances.......................
    1b
    61,585
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,920,907
    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
    4,920,907
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    73,814
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,847,093
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    242,355
    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
    242,355
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,042
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,042
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    239,313
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    239,313
    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
    239,313
    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
    224,500
    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
    224,500
    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
    224,500
    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 7 239,313
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 224,455
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 224,500
    a Applied to 2019, but not more than line 2a 224,455
    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.....  
    e Remaining amount distributed out of corpus 45
    5 Excess distributions carryover applied to 2020. 45 45
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    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 ..........     		239,268
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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).)
    RUTH J JONES
    ESTATE OF RUTH J JONES
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    WISCASSET CHRISTIAN ACADEMY
    143 BEECHNUT HILL RD
    WISCASSET,ME04578     		  PUBLIC PLAYGROUND 22,000
    STEPPING STONE HOUSING INC
    PO BOX 21
    DAMARISCOTTA,ME04543     		  PUBLIC UNRESTRICTED 25,000
    BETHLEHEM COLLEGE & SEMINARY
    720 13TH AVE S
    MINNEAPOLIS,MN55415     		  PUBLIC UNRESTRICTED 20,000
    DAMARISCOTTA BAPTIST CHURCH
    4 BRISTOL RD
    DAMARISCOTTA,ME04543     		  PUBLIC WINDOW PROJECT 26,000
    NORTH WOOLWICH METHODIST CHURCH
    941 RIVER RD
    WOOLWICH,ME04579     		  PUBLIC UNRESTRICTED 5,000
    WOOLWICH WISCASSET BAPTIST CHURCH
    15 FELLOWSHIP DR
    WOOLWICH,ME04579     		  PUBLIC UNRESTRICTED 7,500
    MIO FRONTIERS
    PO BOX 60730
    PHOENIX,AZ85082     		  PUBLIC MISSIONARY ACCT KWOK 2,000
    CHRISTIAN PUBLICATION RESOURCE FOUNDATION
    PO BOX 491
    WEST LINN,OR97068     		  PUBLIC UNRESTRICTED 25,000
    CHOP POINT
    425 CHOPS POINT RD
    WOOLWICH,ME04579     		  PUBLIC UNRESTRICTED 15,000
    HOPE FOR THE MOURNING
    5930 LONE LAKE LOOP
    MINNETONKA,MN55343     		  PUBLIC UNRESTRICTED 10,000
    TRINITY SCHOOL AT RIVER RIDGE
    601 RIVER RIDGE PKWY
    EAGAN,MN55121     		  PUBLIC UNRESTRICTED 15,000
    HOLY CHURCH OF C&MA
    2333 WISDOMS COURT
    AVON,IN46123     		  PUBLIC UNRESTRICTED 25,000
    REDEEMER PRESBYTERIAN CHURCH
    6150 OLD BUNCOMBE RD
    GREENVILLE,SC29609     		  PUBLIC UNRESTRICTED 5,000
    THE CLASSICAL CHRISTIAN CNSERVANCY
    3510 CAMERON MILLS RD
    ALEXANDRIA,VA22305     		  PUBLIC UNRESTRICTED 7,000
    ZOE
    PO BOX 128
    NOLENSVILLE,TN37135     		  PUBLIC UNRESTRICTED 5,000
    LIVING WATERS CHURCH OF GOD
    42 ROCKDALE RD
    MATTAPAN,MA02126     		  PUBLIC UNRESTRICTED 5,000
    NEW CANAAN CHURCH OF GOD
    2849 WASHINGTON ST
    ROXBURY,MA02119     		  PUBLIC UNRESTRICTED 5,000
    Total .................................bullet 3a 224,500
    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 6,626  
    4 Dividends and interest from securities....     14 78,249  
    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 ............     		    18 175,435  
    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)..   260,310  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    260,310
    (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:  
    Part VI Line 7 -Original Return Overpayment: -6,312


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE RUTH J JONES CHARITABLE FOUNDATION
    EIN:
    30-0097675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    B BACHELDER CPA ACCOUNTING 1,890      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE RUTH J JONES CHARITABLE FOUNDATION
    EIN:
    30-0097675
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GE CAP FINL RETAIL CD 2.75% 35,015 35,634
    MORGAN STANLEY PVT BANK CD 1.8% 49,850 50,601
    CITIBANK NATIONAL CD 3.1% 49,800 52,207
    BMW BK NORTH AMERICA CD 3.25% 49,625 53,819
    ALLIANZ EQUITY AND CONVERTIBLE 41,975 70,700
    BLACKROCK ENHANCED EQUITY DIV TR 46,775 67,735
    EATON VANCE TAX MANAGED 8,268 30,700
    CYRUSONE 6,652 7,900
    DUKE REALTY 4,239 4,516
    EXTENDED STAY AMERICA 24,823 23,563

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE RUTH J JONES CHARITABLE FOUNDATION
    EIN:
    30-0097675
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET CLASS C 22,225 131,391
    ALPHABET CLASS A 53,600 131,448
    AMAZON 21,476 81,423
    APPLE 93,795 676,719
    BAR HARBOR BANKSHARES 44,727 67,770
    CHEVRON 94,110 72,627
    COCA COLA 45,706 68,002
    COLGATE PALMOLIVE 42,184 68,408
    CVS HEALTH 15,224 21,378
    DUFF & PHELPS GLOBAL UTILITY 30,028 24,400
    FACEBOOK 33,730 95,606
    FIRST BANCORP 81,275 127,000
    GILIAD SCIENCES 7,706 29,130
    GROWTH FUND AMERICA 65,119 114,059
    INVESCO QQQ 24,352 125,496
    ISHARES RUSSELL 2000 ETF 58,545 137,242
    JP MORGAN CHASE 14,102 31,767
    MICROSOFT 12,998 16,682
    NETFLIX 13,520 151,404
    REGIONS FINANCIAL 14,200 32,240
    SECTOR SPDR TECHNOLOGY 80,794 364,056
    SERVICENOW 21,424 27,522
    SHERWIN WILLIAMS 30,750 73,491
    TELADOC HEALTH 13,650 14,997
    TRUIST FINANCIAL 28,405 62,069
    UBER TECHNOLOGIES 12,948 20,400
    UNITED HEALTH GROUP 31,118 52,602
    VISA 35,961 174,984
    DBX EFT CHINA EFT 12,040 20,030
    ISHARES MSCI EAFE ETF 84,435 109,440
    ISHARES MSCI EMERGING MKTS 30,689 38,753
    JANUS INVT 92,697 83,947
    SHOPIFY 9,460 11,320
    ABBVIE 8,279 10,072
    AGCO 11,806 20,618
    AMERICAN EXPRESS 8,017 7,738
    ANTHEM 7,743 8,669
    APPLE 4,801 21,761
    ARMSTRONG 12,672 13,985
    AT&T 9,231 7,794
    BRINK'S COMPANY 16,845 25,992
    BROADRIDGE FINANCIAL SOLUTIONS 9,449 13,941
    CENTENE 11,485 13,447
    CHARLES SCHWAB 7,018 7,744
    CHEVRON 8,093 5,996
    CISCO 9,692 11,725
    CLEAN HARBORS 11,257 17,427
    CLEARBRIDGE AGGRESSIVE GROWTH 413,529 402,597
    CME GROUP 4,570 4,733
    COLGATE PALMOLIVE 6,194 7,610
    COMCAST 7,918 10,794
    CRANE CO 16,917 21,046
    DARLING INGREDIENTS 8,577 26,533
    DYCOM INDUSTRIES 11,597 23,185
    FIDELITY NATIONAL INFORMATION SERVICES 5,641 11,600
    FIRST HORIZON NATL CORP 10,975 12,275
    HANESBRANDS 11,482 10,818
    HONEYWELL 3,931 8,295
    IDEX 6,160 10,956
    INTL FLAVORS & FRAGRANCES 8,806 7,183
    JOHNSON & JOHNSON 9,748 13,220
    JP MORGAN CHASE 8,312 10,039
    KNOWLES CORPORATION 7,197 9,197
    LOCKHEED MARTIN 7,466 9,584
    LOWES 8,376 14,446
    MARSH & MCLENNAN 4,292 7,488
    MCDONALDS 7,972 9,442
    MERCK 9,126 9,816
    MICROSOFT 7,815 20,685
    MOLINA HEALTHCARE 11,928 14,462
    MONDELEZ INTL 5,584 7,660
    MOTOROLA 8,391 9,693
    MURPHY USA 10,249 12,825
    NEXTERA ENERGY 3,667 11,573
    PACKAGING CORP AMER 3,260 5,792
    PEPSICO 5,895 9,046
    PHILIP MORRIS INTL 9,098 8,362
    PHILLIPS 66 6,385 5,455
    POLARIS INDUSTRIES 16,600 17,246
    SEI INVESTMENTS 9,100 10,632
    TERMINIX GLOBAL HOLDINGS 10,582 15,660
    TEXAS INSTRUMENTS 7,297 11,817
    THOR INDUSTRIES 11,487 17,017
    TIMKIN 10,241 19,804
    UNION PACIFIC 5,563 9,786
    UNITEDHEALTH GROUP 6,405 16,131
    UNIVAR SOLUTIONS 9,393 10,113
    WATSCO 8,680 11,781
    WEC ENERGY GROUP 4,568 7,823
    WESTERN UNION 8,255 9,763
    WESTROCK 7,301 9,794
    ACCENTURE PLD IRELAND 4,328 13,061
    ADIDAS 5,355 8,566
    ADYEN N V 10,148 22,050
    AIA GROUP 11,445 18,182
    AIR LIQUIDE 3,560 4,994
    ALCON 6,303 6,598
    ALFA LAVAL 3,224 5,456
    ALIBABA 4,999 5,818
    ALLIANZ SE 8,369 12,303
    AMBEV SA 7,343 5,631
    ATLAS COPCO AB 7,105 15,280
    BANCO BILBAO VIZCAY 11,693 8,117
    CANADIAN NATIONAL RAILWAY 2,279 5,053
    CHECKPOINT SOFTWARE 8,080 11,563
    CHUBB 4,829 6,773
    CHUGAN PHARMACEUTICAL 4,872 11,193
    DASSAULT SYSTEMS 11,915 15,654
    DBS GROUP HLDGS 9,023 12,883
    DIAGEO PLC 7,403 7,464
    EPIROC AKTIEBOLAG 3,976 7,471
    FANUC CORP 3,164 5,011
    FOMENTO ECONOMICO MEXICANO 8,214 7,274
    FUCHS PETROLUB SE 2,245 2,870
    HDFC BK HOLDINGS 3,629 5,781
    ICICI BANK LTD 3,599 6,940
    INFINEON TECHNOLOGIES 12,130 25,003
    INVESCO 216,087 306,659
    ITAU UNIBANCO 7,228 7,850
    KOMATSU 5,913 7,068
    KUBOTA 6,108 8,721
    L OREAL CO 6,005 13,918
    LINDE PLC 11,268 18,182
    LONZA GROUP 5,511 12,548
    LUKOIL PJSC 6,466 5,240
    MEDTRONIC 6,252 8,317
    NESTLE SA 7,660 11,087
    NITORI HOLDINGS 4,116 5,864
    NOVOZYMES 3,857 4,309
    PNG AN INSURANCE GROUP 6,757 7,596
    RIO TINTO 7,505 10,531
    ROCHE HOLDINGS LTD 10,582 13,327
    ROYAL DUTCH SHELL 7,106 5,243
    SAP SE 13,024 16,168
    SCHNEIDER ELECTRIC 8,199 12,274
    SGS 4,058 4,742
    SHIONOGI & CO 4,275 3,971
    SONOVA HOLDINGS AG 3,078 6,713
    SYMRISE AG 3,355 8,323
    SYSMEX CORP 3,727 9,668
    TAIWAN SEMICONDUCTOR 9,838 23,007
    TECENT HOLDINGS 8,100 12,584
    TRANE 3,613 9,000
    UNICHARM CORP 8,078 11,297
    UNILEVER PLC 5,715 7,786
    YANDEX 1,731 4,453

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE RUTH J JONES CHARITABLE FOUNDATION
    EIN:
    30-0097675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RBC INVESTMENT COUNSEL 38,010 38,010    


    TY 2020 TaxesSchedule
    Name:
    THE RUTH J JONES CHARITABLE FOUNDATION
    EIN:
    30-0097675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN 2,087 2,087    
    990 PF 123      
    990PF ES 3,700