Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ALICE M YARNOLD & SAMUEL YARNOLD
SCHOLARSHIP TRUST
Number and street (or P.O. box number if mail is not delivered to street address)C/O STEPHEN ROBERTS 127 PARROTT AV
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTSMOUTH, NH038024480
A Employer identification number

02-0476417
B Telephone number (see instructions)

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$866,641J 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 11 11 11
4 Dividends and interest from securities... 26,032 26,032 26,032
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -21,938
b Gross sales price for all assets on line 6a 512,537
7 Capital gain net income (from Part IV, line 2)...  
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 -413 111 -413
12 Total. Add lines 1 through 11........ 3,692 26,154 25,630
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,500      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,358 519    
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 13,533 10,807   812
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,391 11,326   812
25 Contributions, gifts, grants paid....... 40,000 40,000
26 Total expenses and disbursements. Add lines 24 and 25 59,391 11,326   40,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -55,699
b Net investment income (if negative, enter -0-) 14,828
c Adjusted net income (if negative, enter -0-)... 25,630
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 80,740 54,871 54,871
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)      
b Investments—corporate stock (attach schedule)....... 746,187 Click to see attachment715,594 811,770
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis 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) 826,927 770,465 866,641
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
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 826,927 770,465
29 Total net assets or fund balances (see instructions)..... 826,927 770,465
30 Total liabilities and net assets/fund balances (see instructions). 826,927 770,465
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
826,927
2
Enter amount from Part I, line 27a .....................
2
-55,699
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
121
4
Add lines 1, 2, and 3 ..........................
4
771,349
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
884
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
770,465
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 RAYMOND JAMES (149 - SEE ATTACHED) P    
b RAYMOND JAMES (149 - SEE ATTACHED) P    
c RAYMOND JAMES (434 - SEE ATTACHED) P    
d RAYMOND JAMES (434 - SEE ATTACHED) P    
e RAYMOND JAMES (434 - SEE ATTACHED) P    
RAYMOND JAMES (434 - SEE ATTACHED) P    
MAGELLAN MIDSTREAM (BASIS ADJUSTMENT P    
CEDAR FAIR (BASIS ADJUSTMENT 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 240,938   237,216 3,722
b 103,589   100,770 2,819
c 29,641   38,967 -9,326
d 429   1,303 -874
e 133,881   151,088 -17,207
2,971   5,131 -2,160
330     330
470     470
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       3,722
b       2,819
c       -9,326
d       -874
e       -17,207
      -2,160
      330
      470
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 -21,938
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 -6,478
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................................ 1 206
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 206
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 206
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,560
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,560
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 1,354
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,354 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNH
    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 ofbulletSTEPHEN ROBERTS Telephone no.bullet (603) 436-0666

    Located atbullet127 PARROTT AVE PO BOX 4480PORTSMOUTHNH ZIP+4bullet038024480
    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
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    STEPHEN H ROBERTS TRUSTEE
    1.00     		0 0 0
    127 PARROTT AVE PO BOX 4480
    PORTSMOUTH,NH038024480
    KATHRYN LYNCH TRUSTEE
    1.00     		0 0 0
    127 PARROTT AVE PO BOX 4480
    PORTSMOUTH,NH038024480
    WILLIAM S DANFORD MD TRUSTEE
    1.00     		0 0 0
    127 PARROTT AVE PO BOX 4480
    PORTSMOUTH,NH038024480
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 AWARD SCHOLARSHIPS TO POST-SECONDARY STUDENTS IN FIELDS OF NURSING, MEDICINE AND SOCIAL WORK. 40,000
    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 N/A  
    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
    757,201
    b
    Average of monthly cash balances.......................
    1b
    57,131
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    814,332
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    814,332
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    12,215
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    802,117
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    40,106
    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
    40,106
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    206
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    206
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    39,900
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    39,900
    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
    39,900
    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
    40,812
    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
    40,812
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    40,812
    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 39,900
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 2,212
    b From 2016...... 4,206
    c From 2017...... 3,012
    d From 2018...... 4,482
    e From 2019...... 2,305
    fTotal of lines 3a through e........ 16,217
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 40,812
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 39,900
    e Remaining amount distributed out of corpus 912
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 17,129
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		2,212
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		14,917
    10 Analysis of line 9:
    a Excess from 2016.... 4,206
    b Excess from 2017.... 3,012
    c Excess from 2018.... 4,482
    d Excess from 2019.... 2,305
    e Excess from 2020.... 912
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ALICE SAMUEL YARNOLD SCHOL TRUST
    C/O STEPHEN ROBERTS 127 PARROTT AV
    PORTSMOUTH,NH038024480
    (603) 436-0666
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED APPLICATION
    cAny submission deadlines:
    JULY 15, 2020
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED APPLICATION
    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
    ASHLEY ATKINSON
    175 MIDDLE ROAD
    DOVER,NH03820     		    NURSING 1,000
    KARINA BABINA
    396 WEST VIEW TERRACE
    PEMBROKE,NH03275     		    PODIATRY 1,000
    CAROLINE CARLE
    35 CORRIVEAU DRIVE
    HOOKSETT,NH03106     		    NURSING 1,000
    MARIAH CHAMBERLAIN
    PO BOX 334
    JAFFREY,NH03452     		    NURSING 1,000
    STEPHANIE COMEAU
    35 ELM STREET
    LANCASTER,NH03584     		    NURSING 2,000
    KAITLYN COVELL
    47 RICKER TOAD
    LOUDON,NH03307     		    NURSING 2,000
    MADISON COTREAU
    3533 PROVINCE LAKE ROAD
    EAST WAKEFIELD,NH03830     		    NURSING 1,000
    CERYS ELDRED
    2 COLONEL DANIELS DRIVE
    BEDFORD,NH03110     		    NURSING 2,000
    MATTHEW FERGUSON
    609 CROSS COUNTRY ROAD
    PEMBROKE,NH03275     		    NURSING 2,000
    MATTHEW GUAY
    57 CRAGGY ROAD
    GROVETON,NH03582     		    PRE-MED 1,000
    COURTNEY GULLAGE
    319 NH ROUTE 140
    GILMANTON,NH03237     		    NURSING 1,000
    KRISTEN HALLINAN
    53A RUTLAND STREET
    DOVER,NH03820     		    NURSING 3,000
    EMILY HUSSON
    3 GARDINERS WAY
    DERRY,NH03038     		    MED 3,000
    SUNGJEMINLA IMCHEN
    234 CENTRAL STREET
    HUDSON,NH03051     		    BIOCHEM 2,000
    MOLLY LACASSE
    426 TERRIE DRIVE
    PEMBROKE,NH03275     		    PB 3,000
    LAURA LAHAYE
    104 GOOSE POND ROAD
    LYME,NH03768     		    NURSING 1,000
    CHRISTINA LANGLEY
    25 ARCH STREET
    NORTHFIELD,NH03276     		    NURSING 2,000
    RAYMOND LARUE
    9 S MAST STREET
    GOFFSTOWN,NH03045     		    NURSING 2,000
    KATIE LAVALLEE
    83 BELLAMY ROAD
    DOVER,NH03820     		    NP 1,000
    MATTEA NICHOLSON
    32R JUNIPER ROAD
    DERRY,NH03038     		    NURSING 2,000
    GRACE POTVIN
    5 QUARRY ROAD
    HOOKSETT,NH03106     		    NURSING 2,000
    HAILEY STEVENS
    24 CHURCH STREET
    SANBORNVILLE,NH03872     		    NURSING 3,000
    CASEY HUFF
    PO BOX 13
    GLENCLIFF,NH03238     		    NURSING 1,000
    Total .................................bullet 3a 40,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 11  
    4 Dividends and interest from securities....     14 26,032  
    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 -21,938  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aDEFERRED INCOME     		    25 111  
    bENTERPRISE PRODUCTS PARTNER     25 -633  
    cCEDAR FAIR LP     25 -90  
    dMAGELLAN MIDSTREAM PTRS LP     25 -283  
    eENTERPRISE PRODUCTS PARTNER     25 69  
    fMAGELLAN MIDSTREAM PTRS LP     25 350  
    gCEDAR FAIR LP     25 103  
    hMAGELLAN MIDSTREAM PTRS LP     25 -23  
    iENTERPRISE PRODUCTS PARTNER     25 -17  
    12 Subtotal. Add columns (b), (d), and (e)..   3,692  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,692
    (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:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HODGDON, WILSON & GRIFFIN 3,500      

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Name of Stock End of Year Book Value End of Year Fair Market Value
    125 ABBOTT LABS    
    100 AMERICAN EXPRESS CO    
    150 APPLE INC 10,567 19,904
    55 BOEING CO    
    110 CATERPILLAR INC (1 CALL) 12,685 19,936
    155 CHEVRON CORP    
    205 CHEVRON CORP 19,407 17,312
    120 DISNEY WALT    
    120 DUKE ENERGY    
    125 DUKE ENERGY 10,175 11,445
    80 GOLDMAN SACHS GROUP INC 16,379 21,097
    50 GOLDMAN SACHS GROUP INC    
    100 HOME DEPOT INC    
    75 HOME DEPOT INC 19,129 19,922
    55 HONEYWELL INTL INC 8,943 11,699
    65 JPMORGAN CHASE & CO    
    100 JPMORGAN CHASE & CO 11,507 12,707
    80 JOHNSON & JOHNSON    
    70 JOHNSON & JOHNSON 10,635 11,017
    55 MCDONALDS CORP    
    85 MCDONALDS CORP 14,275 18,239
    140 MERCK & COMPANY 11,859 11,452
    205 MERCK & COMPANY    
    75 MICROSOFT CORP    
    100 MICROSOFT CORP 15,246 22,242
    125 NEWMONT CORP 7,664 7,486
    200 MONDELEZ INTERNATIONAL INC    
    140 NIKE INC CL B (1 CALL) 12,321 19,767
    115 NIKE INC CL B    
    75 PEPSICO INC 10,196 11,123
    80 PEPSICO INC    
    85 PROCTOR AND GAMBLE CO    
    70 PROCTOR AND GAMBLE CO 6,423 9,740
    100 UNION PAC CORP 17,276 20,822
    75 UNITED TECHNOLOGIES CORP    
    40 UNITEDHEALTH GROUP INC    
    55 UNITEDHEALTH GROUP INC 14,756 19,287
    180 VERIZON COMM 10,698 10,575
    100 VISA INC    
    85 VISA INC 16,304 18,592
    150 WALMART INC    
    125 WALMART INC 12,507 18,019
    200 WALGREENS BOOTS ALLIANCE    
    260 AES CORPORATION 4,497 6,110
    211 AES CORPORATION    
    278 AT&T INC    
    294 AT&T INC 11,988 8,455
    145 ABBVIE INC    
    134 ABBVIE INC 11,132 14,358
    128 ALLIANZ SE SP ADR    
    123 ALLIANZ SE SP ADR 2,587 3,021
    97 ALTRIA GROUP INC    
    48 ALTRIA GROUP INC 2,942 1,968
    13 AMEREN CORP    
    14 AMEREN CORP 898 1,093
    15 AMERICAN ELEC PWR INC    
    52 AMERICAN ELEC PWR INC 4,201 4,330
    4 AMERICAN TOWER CORP 1,002 898
    50 AMGEN INC 12,211 11,496
    26 AMGEN INC 5,194 5,978
    29 AMGEN INC    
    13 ANALOG DEVICES 1,555 1,920
    18 APPLE INC 1,520 2,388
    32 ASTRAZENECA PLC    
    21 ASTRAZENECA PLC 731 1,050
    118 AXA SA SPON ADR    
    56 AXA SA SPON ADR 1,494 1,337
    79 BAE SYSTEMS PLC    
    62 BAE SYSTEMS PLC 1,723 1,657
    94 BASF SE SPON    
    105 BASF SE SPON 2,197 2,079
    52 BAYER AG SPON 870 766
    179 BCE INC NEW    
    172 BCE INC NEW 7,541 7,349
    171 BP PLC SPON    
    42 BLACK HILLS CORP 2,477 2,581
    2 BLACKROCK INC 770 1,443
    120 BRISTOL MYERS SQUIBB 6,369 7,444
    81 BRISTOL MYERS SQUIBB    
    124 BRITISH AMERN TOB PLC    
    213 BRITISH AMERN TOB PLC 8,809 7,985
    4 BROADCOM INC 1,215 1,751
    3 BROADCOM INC    
    36 CNA FINL CORP    
    56 CNA FINL CORP 2,263 2,182
    25 CSG SYSTEMS INTL 1,031 1,127
    78 CDN IMPERIAL BK TORONTO    
    81 CDN IMPERIAL BK TORONTO 6,962 6,913
    41 CEDAR FAIR LP    
    44 CENTERPOINT ENERGY    
    79 CHEVRON CORP    
    81 CHEVRON CORP 8,747 6,840
    109 CINEMARK HLDGS INC    
    164 CISCO SYSTEMS INC    
    261 CISCO SYSTEMS INC 10,645 11,680
    126 COCA COLA CO    
    58 COCA COLA CO 2,817 3,181
    122 COMCAST CORP    
    116 COMCAST CORP 4,388 6,078
    18 COMMONWEALTH BK OF AUSTRALIA    
    166 CORNING INC    
    174 CORNING INC 4,681 6,264
    14 CROWN CASTLE INTL CORP 2,260 2,229
    78 DANONE SPON 1,000 1,026
    8 DARDEN RESTAURANTS INC    
    67 DEUTSCHE TELEKOM 1,042 1,226
    48 DEUTSCHE POST    
    38 DEUTSCHE POST AG 1,230 1,883
    161 DOMINION ENERGY INC    
    65 DOMINION ENERGY INC 5,024 4,888
    31 DOW INCORPORATED 1,678 1,721
    35 DOW INCORPORATED    
    98 DUKE ENERGY CORP    
    69 DUKE ENERGY CORP 5,567 6,318
    20 EMERSON ELEC CO    
    14 EMERSON ELEC CO 937 1,125
    118 ENBRIDGE INC 4,471 3,771
    82 ENBRIDGE INC    
    21 ENTERGY CORP    
    15 ENTERGY CORP 1,274 1,498
    238 ENTERPRISE PROD PTRS LP    
    240 ENTERPRISE PROD PTRS LP 4,037 4,702
    16 EVERGY INC 877 888
    165 EXTENDED STAY AMER INC    
    170 EXXON MOBIL CORP    
    117 EXXON MOBIL CORP 9,634 4,823
    115 FASTENAL COMPANY    
    97 FIDELITY NATL FINCL IN FNF 3,778 3,792
    88 FIDELITY NATL FINCL IN FNF    
    54 FIRSTENERGY CORP    
    28 FORTIS INC 1,159 1,143
    24 FORTIS INC    
    15 GENERAL DYNAMICS CORP 2,359 2,232
    49 GENERAL MLS INC 3,031 2,881
    23 GENUINE PARTS CO 1,590 2,310
    97 GILEAD SCIENCES INC 6,343 5,651
    74 GILEAD SCIENCES INC    
    181 GLAXOSMITHKLINE PLC    
    42 GLAXOSMITHKLINE PLC 1,690 1,546
    66 HANESBRANDS INC    
    63 HANESBRANDS INC 1,072 919
    11 HASBRO INC 845 1,029
    11 HOME DEPOT INC 2,078 2,922
    5 HOME DEPOT INC    
    277 HUNTINGTON BKSHRS    
    298 HUNTINGTON BKSHRS 4,059 3,764
    29 IDACORP INC 2,576 2,785
    16 ILLINOIS TOOL WKS    
    77 IMPERIAL BRANDS PLC    
    15 INSPERITY INC 1,028 1,221
    55 INTEL CORP    
    23 INTEL CORP 969 1,146
    40 INTERNATIONAL BUS MACHINES 5,104 5,035
    14 INTERNATIONAL BUS MACHINES    
    102 INTERPUBLIC GROUP CO    
    104 INTERPUBLIC GROUP CO 2,509 2,446
    174 IRON MTN INC    
    180 IRON MTN INC 5,736 5,306
    11 JOHNSON & JOHNSON    
    31 JPMORGAN CHASE & CO 3,089 3,939
    12 JOHNSON & JOHNSON 1,511 1,888
    53 KAR AUCTION SVCS INC    
    10 KLA CORP COM 1,537 2,589
    5 KLA CORP COM    
    56 KIMBERLY CLARK CORP 7,011 7,550
    256 KINDER MORGAN INC 4,693 3,500
    38 LAS VEGAS SANDS    
    19 LAS VEGAS SANDS 1,235 1,132
    22 LEGGETT & PLATT INC 1,004 975
    500 LLOYDS BANKING GRP    
    3 LOCKHEED MARTIN CORP    
    4 LOCKHEED MARTIN CORP 1,126 1,420
    12 MSC INDL DIRECT INC    
    18 MSC INDL DIRECT INC 1,467 1,519
    13 MACQUARIE GROUP LTD    
    74 MAGELLAN MIDSTREAM PTRS    
    54 MAGELLAN MIDSTREAM PTRS 2,391 2,292
    39 MAGNA INTL INC 2,053 2,759
    49 MARATHON PETE CORP 2,732 2,027
    5 MCDONALDS CORP    
    4 MCDONALDS CORP 603 858
    26 MERCK & COMPANY INC    
    120 MERCK & COMPANY INC 9,288 9,816
    30 MEREDITH CORP    
    37 METLIFE INC    
    45 METLIFE INC 2,087 2,113
    63 MICHELIN COMPAGNIE GEN    
    39 MICHELIN COMPAGNIE GEN 902 1,002
    30 MICRO FOCUS INTL PLC    
    8 MICROSOFT CORP    
    15 MICROSOFT CORP 1,762 3,336
    83 MUNICH RE GRP    
    86 MUNICH RE GRP 1,776 2,555
    123 NATIONAL GRID PLC    
    99 NATIONAL GRID PLC 6,249 5,844
    12 NESTLE S A SPON 1,021 1,415
    83 NORTONLIFELOCK INC 1,903 1,725
    25 NOVARTIS A G    
    15 NOVARTIS A G 1,105 1,416
    31 NUTRIEN LIMITED    
    55 NUTRIEN LIMITED 2,361 2,644
    89 OCCIDENTAL PETE CORP    
    46 OMNICOM GROUP INC    
    16 OMNICOM GROUP INC 889 998
    45 ORACLE CORP 2,128 2,911
    117 ORANGE SPON 1,417 1,388
    167 ORKLA A S SPON    
    101 ORKLA A S SPON 891 1,026
    54 PNC FINL SVCS GROUP INC    
    56 PNC FINL SVCS GROUP INC 7,253 8,344
    202 PPL CORP    
    98 PPL CORP 3,191 2,764
    44 PEMBINA PIPELINE    
    56 PEOPLES UNITED FINL INC    
    56 PEPSICO INC    
    63 PEPSICO INC 7,249 9,343
    325 PFIZER INC    
    292 PFIZER INC 11,070 10,749
    106 PHILIP MORRIS INTL INC    
    117 PHILIP MORRIS INTL INC 10,261 9,686
    13 PHILLIPS 66 1,167 909
    70 PREMIER INC CL A 2,343 2,457
    6 PRICE T ROWE GROUP INC 836 908
    11 PROCTOR AND GAMBLE    
    9 PROCTOR AND GAMBLE 834 1,252
    29 PUBLIC SVC ENTERPRISE GRP INC 1,438 1,691
    31 QUALCOMM INC    
    23 QUALCOMM INC 1,541 3,504
    14 QUEST DIAGNOSTICS 1,166 1,668
    13 RPM INTL INC    
    26 REALTY INCOME CORP REIT    
    191 REGIONS FINL CORP 2,476 3,079
    110 REGIONS FINL CORP    
    19 RESTAURANT BRANDS INTL 1,046 1,161
    41 ROCHE HLDG LTD    
    36 ROCHE HLDG LTD 1,369 1,573
    22 ROGERS COMM INC    
    19 ROGERS COMM INC 735 884
    19 ROYAL BK CDA MONTREAL 1,330 1,560
    16 ROYAL BK CDA MONTREAL    
    27 ROYAL DUTCH SHELL    
    41 ROYAL DUTCH SHELL    
    26 RYMAN HOSPITALITY PPTYS INC REIT    
    87 SABRA HEALTH CARE REIT INC    
    38 SANOFI SPON    
    41 SANOFI SPON 1,821 1,992
    273 SCOR SPON    
    24 SENSIENT TECH CORP 1,031 1,770
    20 SIEMANS AG SPON    
    18 SIEMANS AG SPON 1,037 1,294
    4 SIMON PROPERTY GRP INC    
    9 SINGAPORE EXCHANG LTD 819 948
    41 SIX FLAGS ENTERTAINMENT    
    63 SOUTHERN COMPANY    
    93 SOUTHERN COMPANY 4,878 5,713
    18 TAIWAN SEMICONDUCTOR MFG LTD    
    30 TAIWAN SEMICONDUCTOR MFG LTD 1,261 3,271
    130 TAKEDA PHARMACEUTICAL LTD 2,524 2,366
    107 TAKEDA PHARMACEUTICAL LTD    
    53 TARGET CORP    
    44 TARGET CORP 3,399 7,767
    67 TC ENERGY CORP 3,198 2,722
    31 TC ENERGY CORP    
    41 TELUS CORP    
    82 TELUS CORP 1,372 1,623
    92 TERNA RETE ELETTRICA    
    66 TRASMISSIONE ELETTRICITA 1,013 1,514
    14 TEXAS INSTR INC 1,168 2,298
    31 THOMSON REUTERS    
    27 3M COMPANY 4,245 4,719
    6 3M COMPANY    
    22 TOKIO MARINE HLDGS INC 1,130 1,131
    48 TOTAL S A SPON    
    54 TOTAL SE SPON 2,672 2,263
    131 TRUIST FINL CORP 6,332 6,279
    132 TRUIST FINL CORP    
    92 US BANCORP    
    93 US BANCORP 4,803 4,333
    87 UNILEVER PLC    
    192 UNILEVER PLC 9,716 11,589
    66 UNITED PARCEL SERVICE INC    
    45 UNITED PARCEL SERVICE INC 4,605 7,578
    5 UNITEDHEALTH GROUP INC    
    3 VAIL RESORTS INC 532 837
    4 VAIL RESORTS INC    
    22 VALERO ENERGY CORP    
    123 VENTAS INC REIT    
    248 VERIZON COMM    
    258 VERIZON COMM 14,188 15,158
    45 VINCI S A ADR    
    160 VODAFONE GRP PLC    
    319 VODAFONE GRP PLC 6,317 5,257
    11 WEC ENERGY GRP    
    13 WEC ENERGY GRP 947 1,196
    32 WALGREENS BOOTS ALLIANCE 2,063 1,276
    6 WATSCO INC 886 1,359
    7 WATSCO INC    
    64 WELLS FARGO CO    
    75 WELLTOWER INC REIT    
    21 WELLTOWER INC REIT 1,625 1,357
    133 WILLIAMS COMPANIES INC 3,725 2,667
    147 AMCOR PLC    
    46 AXIS CAPITAL HLDGS 2,944 2,318
    118 ATLANTICA YIELD PLC 3,215 4,482
    72 ATLANTICA YIELD PLC    
    24 CHUBB LIMITED 2,748 3,694
    20 COCA COLA EUOPEAN PTRS 958 997
    16 COCA COLA EUOPEAN PTRS    
    19 EATON CORP    
    35 EATON CORP 2,954 4,205
    96 INVESCO LIMITED    
    58 LAZARD LIMITED    
    68 LAZARD LIMITED 2,694 2,876
    26 MEDTRONIC PLC 2,310 3,046
    80 LYONDELLBASELL    
    15 LYONDELLBASELL 1,562 1,375

    TY 2020 OtherDecreasesSchedule
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Description Amount
    PARTNERSHIP DISTR (ROC) 884


    TY 2020 OtherExpensesSchedule
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CLERICAL COSTS 812     812
    INSURANCE 600      
    OFFICE (SHRED IT) 389      
    NH FILING FEE 75      
    PROBATE FEE 85      
    RAYMOND JAMES FEES (149) 5,289 5,289    
    RAYMOND JAMES FEES (434) 5,518 5,518    
    OFFICE (S ROBERTS) 765      


    TY 2020 OtherIncomeSchedule2
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    DEFERRED INCOME 111 111 111
    ENTERPRISE PRODUCTS PARTNERS -633   -633
    CEDAR FAIR LP -90   -90
    MAGELLAN MIDSTREAM PTRS LP -283   -283
    ENTERPRISE PRODUCTS PARTNERS 69   69
    MAGELLAN MIDSTREAM PTRS LP 350   350
    CEDAR FAIR LP 103   103
    MAGELLAN MIDSTREAM PTRS LP -23   -23
    ENTERPRISE PRODUCTS PARTNERS -17   -17


    TY 2020 OtherIncreasesSchedule
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Description Amount
    MISCELLANEOUS 121


    TY 2020 TaxesSchedule
    Name:
    ALICE M YARNOLD & SAMUEL YARNOLD
     
    SCHOLARSHIP TRUST
    EIN:
    02-0476417
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID (434) 519 519    
    FEDERAL 990-PF TAXES (2019 EXT) 1,059      
    FEDERAL 990-PF TAXES (2020 EST) 780