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
FREEMAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3001 HUNTWICK COURT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HENRICO, VA23233
A Employer identification number

82-3614440
B Telephone number (see instructions)

(804) 690-8916
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$4,544,063J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 74,939 74,939  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 72,297
b Gross sales price for all assets on line 6a 580,880
7 Capital gain net income (from Part IV, line 2)... 72,297
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 19 19  
12 Total. Add lines 1 through 11........ 147,255 147,255  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,325 3,325   0
b Accounting fees (attach schedule)....... Click to see attachment 3,800 3,800   0
c Other professional fees (attach schedule).... Click to see attachment 40,581 40,581   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 631 631   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25 25   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 48,362 48,362   0
25 Contributions, gifts, grants paid....... 280,000 280,000
26 Total expenses and disbursements. Add lines 24 and 25 328,362 48,362   280,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -181,107
b Net investment income (if negative, enter -0-) 98,893
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............. 369,350 160,173 160,173
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 230,622 Click to see attachment211,873 219,252
b Investments—corporate stock (attach schedule)....... 2,112,151 Click to see attachment2,142,303 2,817,395
c Investments—corporate bonds (attach schedule)....... 225,967 Click to see attachment239,143 250,385
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,045,401 Click to see attachment1,051,728 1,096,858
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,983,491 3,805,220 4,544,063
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,983,491 3,805,220
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 3,983,491 3,805,220
30 Total liabilities and net assets/fund balances (see instructions). 3,983,491 3,805,220
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
3,983,491
2
Enter amount from Part I, line 27a .....................
2
-181,107
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,836
4
Add lines 1, 2, and 3 ..........................
4
3,805,220
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,805,220
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 ACCENTURE PLC P    
b ACE IN A HOLDINGS P    
c ACTIVISION BLIZZARD INC P    
d ADID AS-AG ADR P    
e ADID AS-AG ADR P    
ADID AS-AG ADR P    
ADOBE INC P    
ADOBE INC P    
ADVANCED MICRO DEVICES P    
ADYEN NV-UNSPON ADR P    
AIRBUS P    
AIRBUS P    
AIRBUS P    
ALEXION PHARMACEUTICALS INC P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIBABA GROUP P    
ALIGN TECH P    
ALPHABET INC P    
ALPHABET INC P    
AMERICANTOWER P    
AMERICANTOWER P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
APPLE INC P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
ASTRAZENECA P    
AT&T P    
AT&T P    
BIOMARIN PHARMACEUTICAL P    
BIOMARIN PHARMACEUTICAL P    
BLACKROCK P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOEING P    
BOOKING HOLDINGS P    
BOSTON SCIENTIFIC CORP P    
BOSTON SCIENTIFIC CORP P    
BOSTON SCIENTIFIC CORP P    
BROADCOM P    
BROADCOM P    
BROADCOM P    
BROWN FORMAN P    
BROWN FORMAN P    
CARMAX P    
CELENESE P    
CHIPOTLE MEXICAN GRILL P    
CHIPOTLE MEXICAN GRILL P    
CINTAS CORP P    
CITIGROUP P    
CITRIX SYS INC P    
CME GROUP P    
COCA COLA P    
COGNIZANT TECH P    
CONAGRA BRAND INC P    
CONCHO RESOURCES P    
CONSTELLATION BRANDS P    
CONSTELLATION BRANDS P    
CONSTELLATION BRANDS P    
COSTCO WHOLESALE P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
CVS HEALTH CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DANAHER CORP P    
DEXCOM P    
DEXCOM P    
DUPONT DE NEMOURS P    
DUPONT DE NEMOURS P    
EATON CORP P    
EATON CORP P    
EATON CORP P    
EATON CORP P    
EDWARDS LIFESCIENCES P    
EDWARDS LIFESCIENCES P    
EDWARDS LIFESCIENCES P    
ELECTRONIC ARTS P    
ELECTRONIC ARTS P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ELI LILLY & CO P    
ENTEGRIS INC P    
EOG RESOURCES INC P    
EOG RESOURCES INC P    
ESTEE LAUDER P    
ESTEE LAUDER P    
ESTEE LAUDER P    
EXACT SCIENCES CORP P    
EXACT SCIENCES CORP P    
FIDELILTY NATL INFORMATION SVCS P    
FIDELILTY NATL INFORMATION SVCS P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FIRSTENERGY CORP P    
FISERV INC P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEETCOR TECHNOLOGIES P    
FLEX LTD P    
GILEAD SCIENCES P    
GILEAD SCIENCES P    
GOLDMAN SACHS GROUP P    
GOLDMAN SACHS GROUP P    
GOLDMAN SACHS GROUP P    
GOLDMAN SACHS GROUP P    
GOLDMAN SACHS GROUP P    
HAIN CELESTIAL GROUP P    
HAIN CELESTIAL GROUP P    
HASBRO INC P    
HD SUPPLY HOLDINGS P    
HOME DEPOT P    
HOME DEPOT P    
HUMANA INC P    
HUMANA INC P    
HUMANA INC P    
HUMANA INC P    
HUMANA INC P    
HUMANA INC P    
HUMANA INC P    
ILLINOIS TOOL WORKS P    
ILLUMINA INC. P    
ILLUMINA INC. P    
ILLUMINA INC. P    
ILLUMINA INC. P    
ILLUMINA INC. P    
ILLUMINA INC. P    
INGERSOLL RAND P    
INGERSOLL RAND P    
INGERSOLL RAND P    
INGERSOLL RAND P    
INITUITIVE SURGICAL P    
INITUITIVE SURGICAL P    
INITUITIVE SURGICAL P    
JAZZ PHARMACEUTICALS P    
JOHNSON & JOHNSON P    
JOHNSON CONTROLS INTL P    
JOHNSON CONTROLS INTL P    
JOHNSON CONTROLS INTL P    
JOHNSON CONTROLS INTL P    
JPMORGAN CHASE P    
JPMORGAN CHASE P    
KERINGIUNSPONSORED P    
KERINGIUNSPONSORED P    
KERINGIUNSPONSORED P    
KERINGIUNSPONSORED P    
KERINGIUNSPONSORED P    
LAM RESEARCH CORP P    
LEAR CORP P    
LEAR CORP P    
LEAR CORP P    
LEAR CORP P    
LEAR CORP P    
LULUEMON ATHLETICA P    
LULUEMON ATHLETICA P    
LULUEMON ATHLETICA P    
LVMH MOET HENNESSY UNSP P    
LVMH MOET HENNESSY UNSP P    
MARRIOT INTL P    
MARRIOT INTL P    
MARRIOT INTL P    
MASTERCARD INC P    
MASTERCARD INC P    
MASTERCARD INC P    
MASTERCARD INC P    
MASTERCARD INC P    
MASTERCARD INC P    
MASTERCARD INC P    
MCKESSON CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MICROSOFT CORP P    
MIDDLEBY CORP P    
MOELIS & CO P    
MONDELEZ INTL P    
MONDELEZ INTL P    
NETFLIX P    
NETFLIX P    
NETFLIX P    
NETFLIX P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NIKE INC P    
NOVARTIS AG P    
NOVARTIS AG P    
NVIDIA CORP P    
NVIDIA CORP P    
NVIDIA CORP P    
NVIDIA CORP P    
NVIDIA CORP P    
NVIDIA CORP P    
NVIDIA CORP P    
NXP SEMICONDUCTORS P    
OLD DOMINION FREIGHT LINES P    
OLD DOMINION FREIGHT LINES P    
OLD DOMINION FREIGHT LINES P    
PAYPAL HOLDINGS P    
PENSKE AUTO GROUP P    
PFIZER P    
PFIZER P    
PFIZER P    
PFIZER P    
PFIZER P    
PHILIP MORRIS INTL P    
PHILIP MORRIS INTL P    
PHILIP MORRIS INTL P    
PHILIP MORRIS INTL P    
PHILIP MORRIS INTL P    
PNC FINANCIAL SERVICES P    
POOL CORP P    
PPG INDUSTRIES P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
QUALCOMM INC P    
RAYTHEON TECH P    
RINGCENTRAL INC P    
RINGCENTRAL INC P    
RINGCENTRAL INC P    
RINGCENTRAL INC P    
S&P GLOBAL P    
SAFRAN SA-UNSPON P    
SAFRAN SA-UNSPON P    
SAFRAN SA-UNSPON P    
SAFRAN SA-UNSPON P    
SAFRAN SA-UNSPON P    
SAFRAN SA-UNSPON P    
SALESFORCE COM P    
SALESFORCE COM P    
SALESFORCE COM P    
SALESFORCE COM P    
SALESFORCE COM P    
SERVICENOW INC. P    
SERVICENOW INC. P    
SERVICENOW INC. P    
SERVICENOW INC. P    
SHERWIN WILLIAMS P    
SPIRIT AEROSYSTEMS P    
SPLUNK INC. P    
SPLUNK INC. P    
SQUARE INC P    
SQUARE INC P    
STATE STREET CORP P    
STATE STREET CORP P    
STORE CAPITAL P    
SUNCOR ENERGY P    
SUNCOR ENERGY P    
SUNCOR ENERGY P    
SUNCOR ENERGY P    
SUNCOR ENERGY P    
T. ROWE PRICE GROUP P    
T. ROWE PRICE GROUP P    
T. ROWE PRICE GROUP P    
TE CONNECTIVITY P    
TENCENT HOLDINGS LTD P    
TENCENT HOLDINGS LTD P    
TENCENT HOLDINGS LTD P    
TENCENT HOLDINGS LTD P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TESLA INC. P    
TEXAS INSTRUMENTS P    
THERMO FISHER SCIENTIFIC P    
THERMO FISHER SCIENTIFIC P    
THERMO FISHER SCIENTIFIC P    
TJX COMPANIES P    
TORONTO DOMINION BK P    
TOTAL SE-SPON P    
TRACTOR SUPPLY P    
TRADE DESK INC P    
TRANSDIGM GROUP P    
TRANSDIGM GROUP P    
TRAVELERS CO P    
TRAVELERS CO P    
TRUIST FINANCIAL P    
TRUIST FINANCIAL P    
TRUIST FINANCIAL P    
TRUIST FINANCIAL P    
TRUIST FINANCIAL P    
UBER TECHNOLOGIES P    
UBER TECHNOLOGIES P    
UNILEVER NV P    
UNION PACIFIC P    
UNION PACIFIC P    
UNION PACIFIC P    
UNITED PARCEL SERVICE P    
UNITED PARCEL SERVICE P    
UNITED PARCEL SERVICE P    
UNIVERAL DISPLAY P    
UNIVERAL DISPLAY P    
US BANCORP P    
US BANCORP P    
US TREAS NOTE 2% 2/15/22 P    
US TREAS NOTE 2% 2/15/25 P    
US TREAS NOTE 2.125% 7/31/24 P    
US TREAS NOTE 2.75% 5/31/23 P    
US TREAS NOTE 3.635% 2/15/21 P    
VERTEX PHARMACEUTICALS P    
VERTEX PHARMACEUTICALS P    
VERTEX PHARMACEUTICALS P    
VISA INC. P    
VISA INC. P    
VISA INC. P    
WALT DISNEY CO P    
WALT DISNEY CO P    
WALT DISNEY CO P    
WALT DISNEY CO P    
WALT DISNEY CO P    
WALT DISNEY CO P    
WAYFAIR P    
WORKDAY INC P    
XILINX P    
XILINX P    
XILINX P    
XILINX P    
ZOETIS P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 885   644 241
b 11,000   11,000 0
c 831   666 165
d 674   968 -294
e 869   1,376 -507
785   1,243 -458
1,053   601 452
868   401 467
1,201   965 236
624   651 -27
797   863 -66
806   876 -70
1,525   1,646 -121
2,906   4,357 -1,451
1,092   1,022 70
2,106   2,250 -144
1,823   1,841 -18
2,235   1,767 468
1,525   1,121 404
259   183 76
1,027   730 297
3,949   4,000 -51
939   808 131
1,606   1,181 425
1,610   1,171 439
1,184   1,171 13
2,202   1,982 220
628   334 294
1,175   665 510
646   348 298
781   348 433
917   333 584
1,404   499 905
1,462   565 897
784   590 194
474   333 141
1,449   1,021 428
819   569 250
705   506 199
1,067   788 279
1,523   1,388 135
552   442 110
1,065   961 104
735   1,040 -305
550   733 -183
389   469 -80
826   1,033 -207
479   569 -90
1,002   1,072 -70
393   715 -322
333   715 -382
848   2,144 -1,296
564   1,544 -980
1,645   3,060 -1,415
724   1,125 -401
724   1,423 -699
1,800   1,928 -128
1,285   1,684 -399
445   534 -89
473   583 -110
1,365   1,553 -188
1,151   1,494 -343
1,542   1,705 -163
723   674 49
141   111 30
2,897   2,032 865
191   132 59
577   553 24
1,557   1,383 174
1,028   672 356
4,518   2,267 2,251
554   782 -228
3,913   2,417 1,496
2,545   2,598 -53
5,321   5,635 -314
554   702 -148
9,319   9,300 19
1,707   4,476 -2,769
573   764 -191
872   1,031 -159
1,216   1,417 -201
599   394 205
12,112   11,854 258
6,893   6,655 238
3,411   3,327 84
654   800 -146
1,174   1,530 -356
717   886 -169
648   409 239
324   254 70
326   254 72
491   380 111
816   511 305
479   379 100
715   658 57
736   657 79
2,119   917 1,202
460   316 144
832   289 543
683   289 394
601   796 -195
586   788 -202
2,109   1,745 364
2,533   2,512 21
321   250 71
454   333 121
233   148 85
436   296 140
1,429   1,182 247
690   633 57
601   528 73
540   344 196
866   720 146
898   724 174
952   823 129
816   687 129
738   660 78
594   547 47
2,022   1,830 192
3,771   1,905 1,866
2,044   4,714 -2,670
450   1,625 -1,175
631   547 84
577   410 167
1,149   819 330
663   915 -252
592   886 -294
700   513 187
686   513 173
495   472 23
576   913 -337
717   989 -272
691   492 199
577   425 152
883   637 246
599   425 174
535   425 110
527   626 -99
387   491 -104
1,779   1,963 -184
2,268   2,985 -717
619   703 -84
2,115   3,075 -960
1,168   1,447 -279
837   971 -134
759   713 46
756   686 70
752   710 42
865   1,073 -208
621   766 -145
105   93 12
17,429   12,365 5,064
4,591   4,043 548
1,359   1,213 146
533   404 129
220   368 -148
477   736 -259
1,900   1,604 296
426   375 51
823   750 73
2,002   1,938 64
585   522 63
325   234 91
630   467 163
891   701 190
451   467 -16
908   972 -64
600   645 -45
11   10 1
559   451 108
435   292 143
435   291 144
1,141   1,020 121
560   519 41
820   1,055 -235
3,055   4,190 -1,135
362   420 -58
305   442 -137
306   442 -136
289   402 -113
348   482 -134
463   464 -1
1,396   1,507 -111
644   804 -160
630   586 44
887   917 -30
989   727 262
1,317   989 328
980   347 633
78   138 -60
142   276 -134
257   414 -157
84   138 -54
251   414 -163
2,544   1,593 951
1,227   488 739
1,869   620 1,249
674   765 -91
647   769 -122
423   444 -21
1,014   1,036 -22
1,616   1,584 32
514   338 176
499   338 161
661   338 323
1,731   845 886
1,009   507 502
1,161   676 485
672   338 334
659   839 -180
695   372 323
575   372 203
915   465 450
740   377 363
1,133   566 567
985   471 514
1,010   471 539
2,342   1,037 1,305
3,502   4,522 -1,020
1,684   1,526 158
558   430 128
907   774 133
1,458   1,277 181
1,242   842 400
1,050   561 489
526   276 250
880   593 287
704   465 239
147   136 11
352   332 20
379   262 117
581   403 178
951   540 411
765   405 360
827   405 422
284   278 6
566   556 10
1,768   1,241 527
662   496 166
1,757   857 900
350   248 102
1,031   311 720
1,061   496 565
1,590   745 845
791   679 112
6,580   4,476 2,104
66   48 18
3,687   1,925 1,762
651   557 94
6,724   6,991 -267
643   635 8
740   747 -7
617   635 -18
687   710 -23
818   822 -4
759   953 -194
495   742 -247
769   1,165 -396
675   833 -158
510   574 -64
2,369   4,270 -1,901
1,307   734 573
655   711 -56
730   618 112
905   784 121
451   396 55
367   316 51
272   246 26
410   415 -5
1,144   1,431 -287
47   55 -8
538   415 123
764   623 141
590   498 92
2,027   1,876 151
1,058   632 426
576   603 -27
422   589 -167
262   367 -105
247   410 -163
303   545 -242
443   1,020 -577
1,007   686 321
1,044   686 358
566   343 223
1,331   800 531
1,641   686 955
632   370 262
313   173 140
1,122   519 603
3,886   1,676 2,210
5,217   4,938 279
921   4,439 -3,518
411   186 225
968   557 411
637   922 -285
399   642 -243
599   874 -275
704   858 -154
190   118 72
534   1,301 -767
282   671 -389
250   657 -407
257   706 -449
254   711 -457
132   117 15
6,169   5,302 867
4,605   4,182 423
697   719 -22
1,744   1,206 538
220   148 72
1,321   945 376
3,049   2,577 472
829   711 118
2,733   1,066 1,667
901   711 190
2,337   237 2,100
2,579   249 2,330
4,397   442 3,955
2,031   213 1,818
1,322   142 1,180
803   662 141
627   431 196
657   431 226
983   431 552
3,458   2,767 691
827   958 -131
727   928 -201
834   470 364
1,352   828 524
464   332 132
859   664 195
409   451 -42
413   451 -38
765   882 -117
370   421 -51
348   411 -63
350   434 -84
376   486 -110
599   892 -293
267   392 -125
550   530 20
1,593   1,507 86
506   545 -39
544   408 136
951   771 180
800   643 157
669   514 155
364   385 -21
353   410 -57
670   1,032 -362
11,000   10,998 2
30,764   29,755 1,009
6,464   6,376 88
21,507   20,617 890
32,280   30,587 1,693
15,427   15,570 -143
843   498 345
1,067   673 394
226   170 56
333   248 85
163   124 39
842   497 345
721   668 53
580   541 39
288   267 21
818   793 25
992   952 40
1,260   1,247 13
2,136   2,222 -86
936   959 -23
443   635 -192
368   523 -155
227   304 -77
523   679 -156
3,523   2,039 1,484
24,727     24,727
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       241
b       0
c       165
d       -294
e       -507
      -458
      452
      467
      236
      -27
      -66
      -70
      -121
      -1,451
      70
      -144
      -18
      468
      404
      76
      297
      -51
      131
      425
      439
      13
      220
      294
      510
      298
      433
      584
      905
      897
      194
      141
      428
      250
      199
      279
      135
      110
      104
      -305
      -183
      -80
      -207
      -90
      -70
      -322
      -382
      -1,296
      -980
      -1,415
      -401
      -699
      -128
      -399
      -89
      -110
      -188
      -343
      -163
      49
      30
      865
      59
      24
      174
      356
      2,251
      -228
      1,496
      -53
      -314
      -148
      19
      -2,769
      -191
      -159
      -201
      205
      258
      238
      84
      -146
      -356
      -169
      239
      70
      72
      111
      305
      100
      57
      79
      1,202
      144
      543
      394
      -195
      -202
      364
      21
      71
      121
      85
      140
      247
      57
      73
      196
      146
      174
      129
      129
      78
      47
      192
      1,866
      -2,670
      -1,175
      84
      167
      330
      -252
      -294
      187
      173
      23
      -337
      -272
      199
      152
      246
      174
      110
      -99
      -104
      -184
      -717
      -84
      -960
      -279
      -134
      46
      70
      42
      -208
      -145
      12
      5,064
      548
      146
      129
      -148
      -259
      296
      51
      73
      64
      63
      91
      163
      190
      -16
      -64
      -45
      1
      108
      143
      144
      121
      41
      -235
      -1,135
      -58
      -137
      -136
      -113
      -134
      -1
      -111
      -160
      44
      -30
      262
      328
      633
      -60
      -134
      -157
      -54
      -163
      951
      739
      1,249
      -91
      -122
      -21
      -22
      32
      176
      161
      323
      886
      502
      485
      334
      -180
      323
      203
      450
      363
      567
      514
      539
      1,305
      -1,020
      158
      128
      133
      181
      400
      489
      250
      287
      239
      11
      20
      117
      178
      411
      360
      422
      6
      10
      527
      166
      900
      102
      720
      565
      845
      112
      2,104
      18
      1,762
      94
      -267
      8
      -7
      -18
      -23
      -4
      -194
      -247
      -396
      -158
      -64
      -1,901
      573
      -56
      112
      121
      55
      51
      26
      -5
      -287
      -8
      123
      141
      92
      151
      426
      -27
      -167
      -105
      -163
      -242
      -577
      321
      358
      223
      531
      955
      262
      140
      603
      2,210
      279
      -3,518
      225
      411
      -285
      -243
      -275
      -154
      72
      -767
      -389
      -407
      -449
      -457
      15
      867
      423
      -22
      538
      72
      376
      472
      118
      1,667
      190
      2,100
      2,330
      3,955
      1,818
      1,180
      141
      196
      226
      552
      691
      -131
      -201
      364
      524
      132
      195
      -42
      -38
      -117
      -51
      -63
      -84
      -110
      -293
      -125
      20
      86
      -39
      136
      180
      157
      155
      -21
      -57
      -362
      2
      1,009
      88
      890
      1,693
      -143
      345
      394
      56
      85
      39
      345
      53
      39
      21
      25
      40
      13
      -86
      -23
      -192
      -155
      -77
      -156
      1,484
      24,727
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 72,297
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 1,375
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 1,375
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 1,375
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,775
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,775
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,400
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,400 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK Telephone no.bullet (855) 739-2921

    Located atbullet100 N MAIN ST D4001-065WINSTON SALEMNC ZIP+4bullet27101
    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 M FREEMAN JR DIRECTOR
    1.00     		0 0 0
    3001 HUNTWICK CT
    HENRICO,VA23233
    CAMERON F FURGALL DIRECTOR
    1.00     		0 0 0
    608 LASSWELL CT SW
    LEESBURG,VA20175
    MARGARET F HABENICHT DIRECTOR
    1.00     		0 0 0
    3708 LISETER GARDENS
    NEWTON SQUARE,PA19073
    ELIZABETH F CURTIN DIRECTOR
    1.00     		0 0 0
    AVENUE DE MONTEHOISI
    LAUSAANE    
    SZ
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,837,744
    b
    Average of monthly cash balances.......................
    1b
    276,188
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,113,932
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,113,932
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    61,709
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,052,223
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    202,611
    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
    202,611
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,375
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,375
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    201,236
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    201,236
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    201,236
    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
    280,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    280,000
    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
    280,000
    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 7 201,236
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 79,300
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 280,000
    a Applied to 2019, but not more than line 2a 79,300
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 200,700
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		536
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BLUE SKY FUND
    2900 Q ST
    RICHMOND,VA23223     		NONE PC FUND EXPLORERS PROGRAM 2,000
    CHESTER COUNTY FOOD BANK
    650 PENNSYLVANIA DR
    EXTON,PA19341     		NONE PC GENERAL OPERATING SUPPORT 10,000
    CHESAPEAKE BAY FOUNDATION INC
    1108 E MAIN ST STE 1600
    RICHMOND,VA23219     		NONE PC SUPPORTING VA OPERATIONS 25,000
    COMMUNITY VOLUNTEERS IN MEDICINE INC
    300 B LAWRENCE DR
    WEST CHESTER,PA19380     		NONE PC GENERAL OPERATING SUPPORT 2,500
    FEED MORE INC
    1415 RHOADMILLER ST
    RICHMOND,VA23220     		NONE PC PROGRAM SUPPORT 20,000
    FRIENDS ASSOCIATION FOR CHILDREN
    1004 ST JOHN ST
    RICHMOND,VA23220     		NONE PC CAPITAL PURCHASES 10,000
    HELPHOPELIVE INC
    100 MATSONFORD RD 100
    RADNOR,PA19087     		NONE PC LIVEITUP SPONSORSHIP 2,500
    HIGHLAND SCHOOL INC
    597 BROADVIEW AVE
    WARRENTON,VA20186     		NONE PC TEAM ROBOHAWK ROBOTICS PROGRAM 3,000
    HOLLINS UNIVERSITY
    7916 WILLIAMSON RD
    ROANOKE,VA24019     		NONE PC MATCHING CHALLENGE FOR CLASS OF '84 REUNION, ANNUAL FUND 2,500
    JAMES RIVER ASSOCIATION
    211 ROCKETTS WAY 200
    RICHMOND,VA23231     		NONE PC GENERAL OPERATING SUPPORT 111,500
    JUNIOR ACHIEVEMENT OF CENTRAL VA
    1801 LIBBIE AVE SUITE 203
    RICHMOND,VA23226     		NONE PC JA ELEMENTARY SCHOOL PROGRAMS 5,000
    LOUDOUN HUNGER RELIEF
    750 MILLER DR SE A1
    LEESBURG,VA20175     		NONE PC GENERAL OPERATING SUPPPORT 5,000
    MOBILE HOPE ASSOCIATION
    302 PARKER CT SE
    LEESBURG,VA20175     		NONE PC GENERAL OPERATING SUPPORT 5,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    530 E MAIN ST SUITE 620
    RICHMOND,VA23219     		NONE PC PROGRAM SUPPORT 25,000
    THE VISUAL ARTS CENTER OF RICHMOND
    1812 W MAIN ST
    RICHMOND,VA23220     		NONE PC ART AFTER SCHOOL 1,000
    ST ANDREWS PRESBYTERIAN COLLEGE
    1700 DOGWOOD MILE
    LAURINBURG,NC28352     		NONE PC RICHMOND AREA SERVICES ALLIANCE 5,000
    YWCA OF RICHMOND
    6 N 5TH ST
    RICHMOND,VA23219     		NONE PC SPROUT SCHOOL SCHOLARSHIP 15,000
    BACKPACK BUDDIES FOUNDATION OF LOUDOUN
    PO BOX 582
    LEESBURG,VA20178     		NONE PC GENERAL OPERATING SUPPORT 5,000
    JACOBS CHANCE
    1365 OVERBROOK RD
    RICHMOND,VA23220     		NONE 501(C)(3) ONLINE PROGRAM -CHILD/TEEN/ADULTS WITH SPECIAL NEEDS 5,000
    THE FAMILY PANTRY OF CAPE COD
    133 QUEEN ANNE RD
    HARWICH,MA02645     		NONE 501(C)(3) GENERAL OPERATING SUPPORT 10,000
    THOMAS JEFFERSON FOUNDAITON
    931 THOMAS JEFFERSON PARKWAY
    CHARLOTTESVILLE,VA22902     		NONE 501(C)(3) MONTICELLO OUTREACH: SERVING VA STUDENTS 2,500
    VIRGINIA HOME FOR BOYS AND GIRLS
    8716 W BROAD ST
    RICHMOND,VA23294     		NONE 501(C)(3) GENERAL OPERATING SUPPORT - EXCELLANCE IN GROUP CARE 7,500
    Total .................................bullet 3a 280,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 74,939  
    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.....     01 19  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 72,297  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTAX REFUND     		    01    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 147,255 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    147,255
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,800 3,800   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 239,143 250,385

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 2,142,303 2,817,395

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    US Government Securities - End of Year Book Value:

    211,873
    US Government Securities - End of Year Fair Market Value:

    219,252
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 410,070 398,501
    ALTERNATIVE INVESTMENTS AT COST 557,605 609,944
    REAL ESTATE FUNDS AT COST 84,053 88,413

    TY 2020 LegalFeesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 3,325 3,325   0


    TY 2020 OtherExpensesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES 25 25   0


    TY 2020 OtherIncomeSchedule2
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ACAP STRATEGIC FUND - REBATE 19 19 19


    TY 2020 OtherIncreasesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Description Amount
    COST BASIS ADUSTMENTS 2,836


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 3,043 3,043   0
    WELLS FARGO BANK FEES 37,538 37,538   0


    TY 2020 TaxesSchedule
    Name:
    FREEMAN FAMILY FOUNDATION
    EIN:
    82-3614440
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 631 631   0