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
OSCAR J TOLMAS CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 867
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
METAIRIE, LA700040867
A Employer identification number

46-7235211
B Telephone number (see instructions)

(504) 262-8870
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$71,317,314J 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 159 159  
4 Dividends and interest from securities... 1,995,599 1,995,024  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,432,533
b Gross sales price for all assets on line 6a 9,345,970
7 Capital gain net income (from Part IV, line 2)... 1,432,533
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,052 2,052  
12 Total. Add lines 1 through 11........ 3,430,343 3,429,768  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 509,016 63,627   445,389
14 Other employee salaries and wages...... 27,361 0   27,361
15 Pension plans, employee benefits....... 107,553 13,102   94,451
16a Legal fees (attach schedule)......... Click to see attachment 2,614 327   2,287
b Accounting fees (attach schedule)....... Click to see attachment 4,365 546   3,819
c Other professional fees (attach schedule).... Click to see attachment 194,666 185,159   9,507
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 87,785 14,250   23,492
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,926 0  
20 Occupancy.............. 36,898 4,612   32,286
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 23,212 3,426   19,786
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 998,396 285,049   658,378
25 Contributions, gifts, grants paid....... 2,535,152 2,535,152
26 Total expenses and disbursements. Add lines 24 and 25 3,533,548 285,049   3,193,530
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -103,205
b Net investment income (if negative, enter -0-) 3,144,719
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 770,794 763,032 763,032
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) 171,076 Click to see attachment60,000 60,030
b Investments—corporate stock (attach schedule)....... 10,366,916 Click to see attachment8,519,412 9,097,170
c Investments—corporate bonds (attach schedule)....... 14,098,803 Click to see attachment10,226,738 11,449,030
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,471,702 Click to see attachment37,192,292 48,787,677
14 Land, buildings, and equipment: basis bullet1,179,070
Less: accumulated depreciation (attach schedule) bullet50,500 1,114,051 Click to see attachment1,128,570 1,156,011
15 Other assets (describe bullet) Click to see attachment4,364 Click to see attachment4,364 Click to see attachment4,364
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,997,706 57,894,408 71,317,314
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment2,217 Click to see attachment2,124
23 Total liabilities (add lines 17 through 22)......... 2,217 2,124
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 57,995,489 57,892,284
29 Total net assets or fund balances (see instructions)..... 57,995,489 57,892,284
30 Total liabilities and net assets/fund balances (see instructions). 57,997,706 57,894,408
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
57,995,489
2
Enter amount from Part I, line 27a .....................
2
-103,205
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
57,892,284
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
57,892,284
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,336,601   7,913,437 1,423,164
b 9,369     9,369
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,423,164
b       9,369
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,432,533
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 43,712
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 43,712
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 43,712
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 49,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 49,200
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 5,488
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,488 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)
    bulletLA
    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 addressbulletOJTOLMASTRUST.ORG
    14
    The books are in care ofbulletLISA N ROMANO Telephone no.bullet (504) 262-8870

    Located atbullet121 METAIRIE LAWN DRIVE SUITE BMETAIRIELA ZIP+4bullet700015448
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    VINCENT J GIARDINA PRESIDENT/ TRUSTEE
    40.00     		278,520 27,852 21,074
    113 OLEANDER CT
    MANDEVILLE,LA70471
    LISA N ROMANO VICE-PRESIDENT/ TRUSTEE
    40.00     		230,496 23,050 32,842
    4812 PURDUE DRIVE
    METAIRIE,LA70003
    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
    MORGAN STANLEY SMITH BARNEY HOLDINGS LLC INVESTMENT ADVICE & CUSTODIAN FEES 183,802
    1 NEW YORK 12TH FLOOR
    NEW YORK,NY10004
    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 TO ASSIST 57 TAX EXEMPT ORGANIZATIONS WITH THEIR TAX EXEMPT MISSIONS (SEE SCHEDULE OF DONATIONS) 2,535,152
    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
    63,531,886
    b
    Average of monthly cash balances.......................
    1b
    418,934
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,160,375
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,111,195
    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
    65,111,195
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    976,668
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    64,134,527
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,206,726
    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
    3,206,726
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    43,712
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    43,712
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,163,014
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,163,014
    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
    3,163,014
    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
    3,193,530
    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
    3,193,530
    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
    3,193,530
    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 3,163,014
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 138,386
    b From 2016...... 18,588
    c From 2017...... 132,405
    d From 2018...... 52,200
    e From 2019...... 91,058
    fTotal of lines 3a through e........ 432,637
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,193,530
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,163,014
    e Remaining amount distributed out of corpus 30,516
    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 5 463,153
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		138,386
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		324,767
    10 Analysis of line 9:
    a Excess from 2016.... 18,588
    b Excess from 2017.... 132,405
    c Excess from 2018.... 52,200
    d Excess from 2019.... 91,058
    e Excess from 2020.... 30,516
    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
    ANGEL'S PLACE
    4323 DIVISION STREET
    METAIRIE,LA70002     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 30,000
    ARCHBISHOP CHAPELLE HIGH SCHOOL
    8800 VETERANS MEMORIAL BLVD
    METAIRIE,LA70003     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 12,000
    BETH ISRAEL
    4004 WEST ESPLANADE AVE SOUTH
    METAIRIE,LA70002     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 100,252
    BOYS AND GIRLS CLUBS OF SOUTHEAST LA
    320 N CARROLLTON AVENUE
    NEW ORLEANS,LA70119     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 35,000
    BRAIN INJURY ASSN
    3433 HIGHWAY 190 SUITE 270
    MANDEVILLE,LA70471     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 10,000
    BRIDGE HOUSE CORPORATION
    4150 EARHART BLVD
    NEW ORLEANS,LA70125     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 310,000
    BRIGHT SCHOOL FOR THE DEAF
    1600 CONSTANCE ST
    NEW ORLEANS,LA70130     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 10,000
    BRING IT HOME NORTHSHORE
    PO BOX 7262
    SLIDELL,LA70469     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 1,000
    BROTHER MARTIN HIGH SCHOOL
    4401 ELYSIAN FIELDS AVENUE
    NEW ORLEANS,LA70122     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 19,000
    CHILDREN'S ADVOCACY - HOPE HOUSE
    PO BOX 1852
    COVINGTON,LA70434     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    COVENANT HOUSE NEW ORLEANS
    611 NORTH RAMPART STREET
    NEW ORLEANS,LA70112     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 30,000
    CRIMESTOPPERS INC
    PO BOX 55249
    METAIRIE,LA70055     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    DENTAL LIFELINE NETWORK - LA
    PO BOX 7626
    LAKE CHARLES,LA70606     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 5,000
    EDEN HOUSE
    PO BOX 750386
    NEW ORLEANS,LA70175     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 10,000
    FIRST TEE OF GNO
    1050 SOUTH JEFFERSON DAVIS PKWY
    NEW ORLEANS,LA70125     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 30,000
    FRIENDS OF CITY PARK
    1 PALM DRIVE
    NEW ORLEANS,LA70124     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 260,000
    GIRLS ON THE RUN OF NEW ORLEANS
    5500 PRYTANIA STREET SUITE 528
    NEW ORLEANS,LA70115     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    HENRY AUCOIN FOUNDATION
    P O BOX 642
    METAIRIE,LA70004     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 1,500
    HILLEL FOUNDATION OF NO
    912 BROADWAY
    NEW ORLEANS,LA70118     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 36,000
    JESUIT HIGH SCHOOL
    4133 BANKS STREET
    NEW ORLEANS,LA70119     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 12,000
    JEWISH CHILDREN'S REGIONAL SERVICE
    P O BOX 7368
    METAIRIE,LA70010     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 105,000
    JEWISH COMMUNITY DAY SCHOOL
    3747 W ESPLANADE AVENUE
    METAIRIE,LA70002     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 80,400
    JEWISH FAMILY SERVICE OF GNO INC
    3300 W ESPLANADE AVE SUITE 603
    METAIRIE,LA70002     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 2,000
    JEWISH FEDERATION OF GREATER NEW ORLEANS
    3747 WEST ESPLANADE AVENUE
    METAIRIE,LA70002     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 90,000
    JUNIOR ACHIEVEMENT OF GNO INC
    5100 ORLEANS AVENUE
    NEW ORLEANS,LA70124     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 50,000
    KELLY GIBSON FOUNDATION
    PO BOX 2141
    MANDEVILLE,LA70470     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    KENNER POLICE BENEVOLENT ASSO
    500 VETERANS BLVD
    KENNER,LA70062     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 17,000
    KID SMART
    1024 ELYSIAN FIELDS AVENUE
    NEW ORLEANS,LA70117     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 15,000
    KINGSLEY HOUSE FOUNDATION INC
    1600 CONSTANCE STREET
    NEW ORLEANS,LA70130     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 35,000
    LA UNITED METHODIST HOME
    PO BOX 929
    RUSTON,LA71270     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 25,000
    LIBERTY'S KITCHEN INC
    PO BOX 19293
    NEW ORLEANS,LA70179     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 13,000
    LIGHTHOUSE LOUISIANA
    123 STATE STREET
    NEW ORLEANS,LA70118     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 25,000
    LOUISIANA PHILHARMONIC ORCHESTRA
    1010 COMMON STREET
    NEW ORLEANS,LA70112     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 50,000
    MAGNOLIA COMMUNITY SERVICES INC
    100 CENTRAL AVENUE
    JEFFERSON,LA70121     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 110,000
    MAKE MUSIC NOLA
    1010 N GALVEZ ST
    NEW ORLEANS,LA70119     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    MYSTIC KREWE OF BARKUS
    PO BOX 52047
    NEW ORLEANS,LA70113     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 2,500
    NATIONAL WW II MUSEUM
    945 MAGAZINE STREET
    NEW ORLEANS,LA70130     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 150,000
    NCJW
    6221 SOUTH CLAIBORNE AVENUE
    NEW ORLEANS,LA70125     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 23,000
    NEW HEIGHTS THERAPY CENTER
    82302 HOLLIDAY ROAD
    FOLSOM,LA70437     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 60,000
    NEW ORLEANS BALLET ASSOCIATION
    935 GRAVIER STREET
    NEW ORLEANS,LA70112     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 35,000
    NEW ORLEANS JEWISH COMMUNITY CENTER
    5342 ST CHARLES AVENUE
    NEW ORLEANS,LA70115     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 50,000
    NEW ORLEANS MEDICAL MISSION
    PO BOX 6249
    NEW ORLEANS,LA70174     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 3,000
    NEXTOP
    2929 MCKINNEY STREET
    HOUSTON,TX77003     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 50,000
    OPTIONS INC
    19362 W SHELTON RD
    HAMMOND,LA70401     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 65,000
    RAINTREE CHILDREN & FAMILY SERVICES
    1233 EIGHTH STREET
    NEW ORLEANS,LA70115     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 35,000
    SCOTT'S WISH INC
    742 MILLIKENS BEND
    COVINGTON,LA70433     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 1,500
    SECOND HARVEST FOODBANK
    700 EDWARDS AVENUE
    NEW ORLEANS,LA70123     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 20,000
    SPECIAL OLYMPICS
    1000 E MORRIS AVENUE
    HAMMOND,LA70403     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 5,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    14333 PERKINS ROAD SUITE A
    BATON ROUGE,LA70810     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 2,500
    ST MARY'S DOMINICAN HS
    7701 WALMSLEY AVENUE
    NEW ORLEANS,LA70125     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 12,000
    ST MICHAEL SPECIAL SCHOOL
    1522 CHIPPEWA STREET
    NEW ORLEANS,LA70120     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 54,000
    ST TAMMANY PROJECT CHRISTMAS INC
    PO BOX 4043
    SLIDELL,LA70459     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 2,500
    UNO FOUNDATION
    2000 LAKESHORE DRIVE
    NEW ORLEANS,LA70122     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 50,000
    UPTURN ARTS
    729 SIXTH STREET
    NEW ORLEANS,LA70115     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 25,000
    VOLUNTEERS OF AMERICA SOUTHEAST LA
    4152 CANAL STREET
    NEW ORLEANS,LA70119     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 210,000
    WYES
    916 NAVARRE AVE
    NEW ORLEANS,LA70124     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 25,000
    YEP
    1600 ORETHA CASTLE HALEY BLVD
    NEW ORLEANS,LA70113     		NONE PC TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION 25,000
    Total .................................bullet 3a 2,535,152
    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 ...........     		    14 159  
    4 Dividends and interest from securities....     14 1,995,599  
    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.....     14 2,052  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,432,533  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,430,343 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,430,343
    (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:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 4,365 546   3,819

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

    TY 2020 DepreciationSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LISA DESK 2014-11-06 4,078 3,207 ADS 7.000000000000 583 0    
    LISA END TABLE 2014-11-06 761 600 ADS 7.000000000000 109 0    
    LISA CREDENZA 2014-11-06 3,698 2,904 ADS 7.000000000000 528 0    
    LISA GUEST CHIARS 2014-09-22 1,903 1,496 ADS 7.000000000000 272 0    
    LISA DESK CHAIR 2014-09-22 1,990 1,562 ADS 7.000000000000 284 0    
    VINCE DESK CHAIR 2014-09-22 2,121 1,667 ADS 7.000000000000 303 0    
    VINCE GUEST CHAIR 2014-09-22 2,501 1,964 ADS 7.000000000000 357 0    
    VINCE CREDENZA 2014-09-22 4,024 3,163 ADS 7.000000000000 575 0    
    RECEPTION AREA CHAIR 2014-09-19 2,294 1,804 ADS 7.000000000000 328 0    
    VINCE HP PRINTER 2014-09-10 1,610 1,610 ADS 5.000000000000 0 0    
    LISA HP PRINTER 2014-09-10 1,610 1,610 ADS 5.000000000000 0 0    
    LISA LAPTOP 2014-09-10 1,463 1,463 ADS 5.000000000000 0 0    
    VINCE LAPTOP 2014-09-10 1,463 1,463 ADS 5.000000000000 0 0    
    RECEPTION AREA COMPUTER 2014-09-10 1,308 1,308 ADS 5.000000000000 0 0    
    FILE SERVER 2014-09-10 2,186 2,186 ADS 5.000000000000 0 0    
    VINCE DESK BASIS 2014-09-10 900 710 ADS 7.000000000000 129 0    
    VINCE END TABLE 2015-05-11 761 491 ADS 7.000000000000 109 0    
    OIL PAINTING 2015-05-12 1,800 1,157 ADS 7.000000000000 257 0    
    RECEPTIONIST NEW COMPUTER 2016-03-01 959 672 ADS 5.000000000000 192 0    
    VINCE SOFA TABLE 2016-06-01 756 378 ADS 7.000000000000 108 0    
    DISPLAY CASE-CONF ROOM-INNER WALL CASE 2016-06-01 3,144 1,572 ADS 7.000000000000 449 0    
    SOFTWARE - QUICKBOOKS 2018-04-03 911   ADS 3.000000000000 0 0    
    RECEPTIONIST CHAIR 2018-07-16 516   ADS 7.000000000000 0 0    
    LAND - METAIRIE ROAD 2019-11-27 1,122,558   L   0 0    
    VINCE'S X-CHAIR 2020-03-13 940   ADS 7.000000000000 67 0    
    THINSTUFF SOFTWARE AND INSTALLATION, FIREWALL EQUIP 2020-07-18 1,655   ADS 3.000000000000 276 0    

    TY 2020 GeneralExplanationAttachment
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Identifier Return Reference Explanation
    FOOTNOTE ON COMPENSATION FORM 990-PF, PART VIII, LINE 1(C) THE COMPENSATION OF THE OFFICERS/TRUSTEES IS SET BY A STUDY PREPARED BY AN INDEPENDENT CONSULTING FIRM SPECIALIZING IN COMPENSATION AND BENEFITS. THE FIRM REVIEWED OVERALL SALARY AND BENEFIT PRACTICES IN LIKE-KIND NON-PROFIT ORGANIZATIONS.
    FOOTNOTE ON EXPENSE ACCOUNT, OTHER FORM 990-PF, PART VIII, LINE 1(E) EXPENSE ACCOUNT, OTHER ALLOWANCES - THE AMOUNT IS THIS COLUMN REPRESENTS PAID HOSPITALIZATION.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MSSB #017475 - CORPORATE BONDS 10,226,738 11,449,030

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MSSB #017475 - COMMON STOCK 7,322,333 7,705,355
    MSSB #017475 - PREFERRED STOCK 1,197,079 1,391,815

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


    60,000
    State & Local Government Securities - End of Year Fair Market Value:


    60,030


    TY 2020 InvestmentsOtherSchedule2
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MSSB #017475 - EXCHANGE TRADED & CLOSED-END FUNDS AT COST 36,847,260 48,413,077
    MSSB #017475 - FIXED RATE CAPITAL SECURITIES AT COST 345,032 374,600

    TY 2020 LandEtcSchedule2
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LISA DESK 4,078 3,790 288  
    LISA END TABLE 761 709 52  
    LISA CREDENZA 3,698 3,432 266  
    LISA GUEST CHIARS 1,903 1,768 135  
    LISA DESK CHAIR 1,990 1,846 144  
    VINCE DESK CHAIR 2,121 1,970 151  
    VINCE GUEST CHAIR 2,501 2,321 180  
    VINCE CREDENZA 4,024 3,738 286  
    RECEPTION AREA CHAIR 2,294 2,132 162  
    VINCE HP PRINTER 1,610 1,610 0  
    LISA HP PRINTER 1,610 1,610 0  
    QUICKBOOKS 1,060 1,060 0  
    LISA LAPTOP 1,463 1,463 0  
    VINCE LAPTOP 1,463 1,463 0  
    RECEPTION AREA COMPUTER 1,308 1,308 0  
    FILE SERVER 2,186 2,186 0  
    VINCE DESK BASIS 900 839 61  
    VINCE END TABLE 761 600 161  
    OIL PAINTING 1,800 1,414 386  
    WEBSITE 6,380 6,380 0  
    LOGO CREATION 2,000 2,000 0  
    VIDEO FOR WEBSITE 1,720 1,720 0  
    RECEPTIONIST NEW COMPUTER 959 864 95  
    VINCE SOFA TABLE 756 486 270  
    DISPLAY CASE-CONF ROOM-INNER WALL CASE 3,144 2,021 1,123  
    SOFTWARE - QUICKBOOKS 911 911 0  
    RECEPTIONIST CHAIR 516 516 0  
    LAND - METAIRIE ROAD 1,122,558 0 1,122,558  
    VINCE'S X-CHAIR 940 67 873  
    THINSTUFF SOFTWARE AND INSTALLATION, FIREWALL EQUIP 1,655 276 1,379  


    TY 2020 LegalFeesSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,614 327   2,287


    TY 2020 OtherAssetsSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 4,364 4,364 4,364


    TY 2020 OtherExpensesSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE & SUPPLIES 8,434 1,054   7,380
    EQUIPMENT RENTAL 2,719 340   2,379
    MEMBERSHIP & DUES 2,903 363   2,540
    INSURANCE 6,547 818   5,729
    MAINTENANCE 600 600   0
    STAFF DEVELOPMENT 2,009 251   1,758


    TY 2020 OtherIncomeSchedule2
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT LITIGATION PROCEEDS 2,052 2,052 2,052


    TY 2020 OtherLiabilitiesSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 2,217 2,124


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER 10,865 1,358   9,507
    INVESTMENT MANAGEMENT EXPENSE 183,801 183,801   0


    TY 2020 TaxesSchedule
    Name:
    OSCAR J TOLMAS CHARITABLE TRUST
    EIN:
    46-7235211
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL 26,549 3,057   23,492
    INCOME TAXES 50,043 0   0
    REAL ESTATE TAXES 11,193 11,193   0