Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 03-01-2020 , and ending 02-28-2021
Name of foundation
PARKS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)114 W 47TH ST NY8-114-07-07 AFT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100361510
A Employer identification number

43-1948979
B Telephone number (see instructions)

(888) 866-3275
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$1,724,261J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 18,455 18,455  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 99,362
b Gross sales price for all assets on line 6a 351,573
7 Capital gain net income (from Part IV, line 2)... 99,362
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 117,817 117,817  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 9,555 5,733   3,822
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,469 330   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 59     59
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,083 6,063 0 3,881
25 Contributions, gifts, grants paid....... 52,930 52,930
26 Total expenses and disbursements. Add lines 24 and 25 65,013 6,063 0 56,811
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 52,804
b Net investment income (if negative, enter -0-) 111,754
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 84 54 54
2 Savings and temporary cash investments......... 29,863 32,195 32,195
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 525,189 Click to see attachment575,654 1,692,012
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)..........     0
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) 555,136 607,903 1,724,261
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........ 555,136 607,903
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 555,136 607,903
30 Total liabilities and net assets/fund balances (see instructions). 555,136 607,903
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
555,136
2
Enter amount from Part I, line 27a .....................
2
52,804
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
607,940
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
37
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
607,903
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 155. AES CORP COM   2018-10-10 2020-04-28
b 179. AES CORP COM   2019-05-21 2020-10-02
c 291. AES CORP COM   2018-10-10 2020-10-15
d 5. ALIBABA GROUP HOLDING LT   2019-10-01 2020-06-17
e 2. ALIBABA GROUP HOLDING LT   2019-10-01 2021-02-22
29. ALLY FINANCIAL INC   2018-02-09 2021-02-22
1. ALPHABET INC SHS CL C   2012-06-27 2020-04-28
1. ALPHABET INC SHS CL C   2012-06-27 2021-02-22
2. ALPHABET INC SHS CL A   2012-06-27 2020-04-28
3. ALPHABET INC SHS CL A   2012-06-27 2020-11-30
72. ALTRIA GROUP INC   2015-08-05 2020-10-30
60. ALTRIA GROUP INC   2015-06-10 2020-11-30
62. ALTRIA GROUP INC   2015-07-09 2020-11-30
37. ALTRIA GROUP INC   2019-03-14 2020-12-15
9. ALTRIA GROUP INC   2015-07-09 2020-12-15
14. ALTRIA GROUP INC   2019-03-14 2021-01-05
40. ALTRIA GROUP INC   2020-01-22 2021-01-05
36. ALTRIA GROUP INC   2019-11-27 2021-01-05
16. BAE SYSTEMS PLC   2019-08-16 2021-02-22
44. BP AMOCO P L C SPONSORED ADR   2015-01-26 2021-02-22
6. BERKSHIRE HATHAWAYINC   2020-04-28 2021-02-22
14. BIOGEN INC   2017-01-24 2021-02-22
2. BOOKING HLDGS INC   2020-03-24 2020-08-26
19. CBRE GROUP INC   2020-06-05 2021-02-22
22. CDK GLOBAL INC   2019-03-26 2021-02-22
27. CDW CORP/DE   2015-09-09 2020-10-15
26. CDW CORP/DE   2018-01-11 2020-10-15
8. CH ROBINSON WORLDWIDE INC   2021-01-05 2021-02-22
9. CAPITAL ONE FINANCIAL CORPORATION   2020-12-15 2021-02-22
2. CHEVRON CORP   2017-12-05 2021-02-22
9. CIENA CORP   2020-11-30 2021-02-22
34. CISCO SYSTEMS INCORPORATED   2013-10-10 2021-02-22
54. CITIGROUP INC   2012-06-20 2020-07-02
20. CITIGROUP INC   2012-11-02 2020-07-02
8. COCA-COLA CO/THE   2020-08-26 2021-02-22
6. COGNIZANT TECHNOLOGY SOLUTIONS CORP   2017-02-02 2021-02-22
58. COMCAST CORP   2012-10-05 2020-03-17
74. COMCAST CORP   2012-10-05 2021-02-22
28. CONOCOPHILLIPS   2019-07-05 2021-02-22
13. DOWDUPONT INC   2017-01-09 2021-02-22
12. DOWDUPONT INC   2017-01-12 2021-02-22
12. DOWDUPONT INC   2013-10-22 2021-02-22
1. DOWDUPONT INC   2017-01-24 2021-02-22
57. DR HORTON INC   2017-02-02 2020-03-17
100. DR HORTON INC   2017-02-02 2020-04-28
5. DR HORTON INC   2017-03-30 2020-05-26
20. DR HORTON INC   2017-02-02 2020-05-26
25. DR HORTON INC   2017-03-30 2020-07-02
70. DR HORTON INC   2017-03-30 2020-10-02
100. DELTA AIR LINES INC   2017-01-24 2020-03-09
25. DELTA AIR LINES INC   2016-05-19 2020-03-09
125. DELTA AIR LINES INC   2016-02-22 2020-03-09
14. DOLLAR GENERAL CORP   2018-12-10 2020-03-09
16. DOLLAR GENERAL CORP   2018-12-10 2020-04-28
10. DOLLAR GENERAL CORP   2018-12-10 2020-06-05
7. DOLLAR GENERAL CORP   2019-03-14 2020-06-11
10. DOLLAR GENERAL CORP   2018-12-10 2020-06-17
8. DOLLAR GENERAL CORP   2019-01-22 2020-11-30
6. DOLLAR GENERAL CORP   2018-12-10 2020-11-30
10. DOLLAR GENERAL CORP   2019-01-22 2021-01-05
8. DOLLAR GENERAL CORP   2019-04-08 2021-01-26
12. DOLLAR GENERAL CORP   2019-01-22 2021-01-26
4. DOLLAR GENERAL CORP   2019-04-08 2021-01-27
1. DOLLAR TREE INC   2019-03-14 2021-02-22
20. FACEBOOK INC   2020-02-06 2020-06-11
5. FACEBOOK INC   2020-02-06 2020-08-11
2. FLEETCOR TECHNOLOGIS INC   2020-07-02 2021-02-22
24. FORTIVE CORP   2017-07-19 2021-02-22
23. FOX CORP   2019-11-11 2021-02-22
16. GENERAL MOTORS CO   2020-01-22 2021-02-22
19. HUBBELL INC   2019-03-14 2020-10-02
10. HUBBELL INC   2019-03-01 2020-11-11
29. HUBBELL INC   2019-02-13 2020-11-11
30. HUMANA INC   2016-10-18 2020-03-17
26. HUMANA INC   2015-08-05 2020-03-17
6. INTERCONTINENTAL EXCHANGE INC   2020-11-30 2021-02-22
4. J P MORGAN CHASE & CO COM   2012-06-07 2021-02-22
135. J P MORGAN CHASE & CO COM   2012-06-20 2021-02-22
.85 KONINKLIJKE PHILIPS ELECTRS N V   2020-02-06 2020-07-09
3. KONINKLIJKE PHILIPS ELECTRS N V   2020-02-06 2021-02-22
11. LABORATORY CORP AMER HLDGS COM NEW   2014-12-23 2020-06-17
4. LABORATORY CORP AMER HLDGS COM NEW   2014-12-23 2021-02-22
7. LAS VEGAS SANDS CORP   2021-02-19 2021-02-22
26. LOWES COMPANIES INC COM   2013-06-21 2020-03-24
40. LOWES COMPANIES INC COM   2013-06-21 2020-08-26
23. LOWES COMPANIES INC COM   2013-06-21 2020-10-02
174. MARATHON OIL CORP   2019-03-26 2020-03-09
120. MARATHON OIL CORP   2019-01-22 2020-03-09
9. MARATHON OIL CORP   2018-07-10 2020-03-09
172. MARATHON OIL CORP   2018-06-11 2020-03-09
15. MICROSOFT CORPORATION   2010-01-14 2020-03-09
10. MICROSOFT CORPORATION   2010-01-14 2020-03-24
16. MICROSOFT CORPORATION   2011-09-27 2020-04-28
14. MICROSOFT CORPORATION   2010-01-14 2020-04-28
11. MICROSOFT CORPORATION   2011-09-27 2020-07-02
13. MICROSOFT CORPORATION   2011-09-27 2020-07-20
29. MOLSON COORS BREWING CO CL B   2019-03-14 2020-05-26
65. MOLSON COORS BREWING CO CL B   2019-02-11 2020-05-26
19. MOLSON COORS BREWING CO CL B   2019-03-01 2020-05-26
14. MOLSON COORS BREWING CO CL B   2019-02-01 2020-05-26
5. MOLSON COORS BREWING CO CL B   2019-10-25 2020-05-26
1. MORGAN STANLEY   2020-10-06 2020-10-06
30. MORGAN STANLEY   2017-09-29 2021-02-22
24. NOVO-NORDISK A S ADR   2017-09-26 2020-04-28
50. NOVO-NORDISK A S ADR   2018-12-10 2020-04-28
27. NOVO-NORDISK A S ADR   2018-12-10 2021-02-22
5. O'REILLY AUTOMOTIVE INC   2018-07-18 2020-03-17
4. O'REILLY AUTOMOTIVE INC   2018-07-18 2020-03-24
3. O'REILLY AUTOMOTIVE INC   2018-07-18 2021-02-22
9. OTIS WORLDWIDE CORP REG   2020-04-28 2021-02-22
20. PFIZER INC   2016-04-05 2020-04-28
100. PFIZER INC   2017-06-21 2020-10-15
235. PFIZER INC   2017-04-11 2020-11-30
65. PFIZER INC   2016-04-05 2020-11-30
53. QUANTA SERVICES INC   2020-04-28 2020-11-30
12. QUANTA SERVICES INC   2020-04-28 2020-12-15
12. QUANTA SERVICES INC   2020-04-28 2021-02-05
23. QUANTA SERVICES INC   2020-04-28 2021-02-08
15. QUANTA SERVICES INC   2020-04-28 2021-02-09
12. QUANTA SERVICES INC   2020-04-28 2021-02-19
18. QUANTA SERVICES INC   2020-04-28 2021-02-22
10. QUANTA SERVICES INC   2020-04-28 2021-02-22
41. RAYMOND JAMES FINANCIAL INC   2020-02-06 2021-01-12
4. RAYMOND JAMES FINANCIAL INC   2020-02-06 2021-01-26
5. RAYMOND JAMES FINANCIAL INC   2020-02-25 2021-01-26
19. RAYMOND JAMES FINANCIAL INC   2020-02-25 2021-01-27
4. RAYMOND JAMES FINANCIAL INC   2020-06-17 2021-01-28
10. RAYMOND JAMES FINANCIAL INC   2020-02-25 2021-01-28
20. REINSURANCE GROUP OF AMERICA INC   2020-10-15 2021-01-11
5. REINSURANCE GROUP OF AMERICA INC   2020-10-15 2021-02-05
8. REINSURANCE GROUP OF AMERICA INC   2020-10-15 2021-02-08
8. REINSURANCE GROUP OF AMERICA INC   2020-10-15 2021-02-09
5. REINSURANCE GROUP OF AMERICA INC   2020-10-30 2021-02-09
11. REINSURANCE GROUP OF AMERICA INC   2020-10-30 2021-02-10
3. REINSURANCE GROUP OF AMERICA INC   2020-10-30 2021-02-11
14. ROBERT HALF INTERNATIONAL INC   2020-03-24 2021-02-22
5. ROSS STORES INC   2020-03-24 2021-02-22
17. SONY CORP/AMER SHARES NEW/   2019-06-21 2020-04-28
101. SONY CORP/AMER SHARES NEW/   2019-07-01 2020-04-28
39. SONY CORP/AMER SHARES NEW/   2019-07-26 2020-04-28
50. SONY CORP/AMER SHARES NEW/   2020-05-26 2020-06-05
18. TAIWAN S MANUFCTRING ADR   2018-09-13 2020-07-20
10. TAIWAN S MANUFCTRING ADR   2018-09-13 2020-07-27
13. TAIWAN S MANUFCTRING ADR   2018-10-31 2020-08-11
11. TAIWAN S MANUFCTRING ADR   2018-10-31 2021-02-22
69.14 TRUIST FINL CORP   2013-01-23 2020-03-09
139.86 TRUIST FINL CORP   2016-06-27 2020-03-09
47. TRUIST FINL CORP   2020-04-28 2020-12-15
13. TRUIST FINL CORP   2020-04-28 2021-02-22
50. US BANCORP DEL   2012-11-02 2020-11-30
64. US BANCORP DEL   2012-07-27 2020-11-30
68. US BANCORP DEL   2013-01-23 2020-11-30
36. US BANCORP DEL   2013-01-23 2020-12-08
32. US BANCORP DEL   2013-01-23 2020-12-09
36. VERIZON COMMUNICATIONS INC   2019-04-30 2020-06-17
43. VERIZON COMMUNICATIONS INC   2019-04-01 2020-06-17
22. VERIZON COMMUNICATIONS INC   2019-04-30 2020-07-02
72. VERIZON COMMUNICATIONS INC   2019-05-21 2020-07-02
40. VERIZON COMMUNICATIONS INC   2019-05-31 2020-07-02
26. VERIZON COMMUNICATIONS INC   2019-05-31 2020-07-20
34. VERIZON COMMUNICATIONS INC   2019-08-13 2020-07-20
70. VERIZON COMMUNICATIONS INC   2019-08-13 2020-08-11
.22 VIATRIS INC   2016-04-05 2020-11-20
29.16 VIATRIS INC   2017-04-11 2020-11-30
7.84 VIATRIS INC   2016-04-05 2020-11-30
13. VISA INC   2020-02-13 2021-02-22
23. VODAFONE GROUP PLC   2020-10-02 2021-02-22
10. VONTIER CORP   2019-10-01 2021-01-05
22. VONTIER CORP   2020-02-06 2021-01-05
20. VONTIER CORP   2018-01-11 2021-01-05
20. VONTIER CORP   2017-07-19 2021-01-05
37. WALMART INC   2017-01-09 2020-04-28
20. WALMART INC   2017-01-09 2020-10-02
10. WALMART INC   2017-01-09 2021-02-22
18. AXALTA COATING SYSTEMS   2020-06-11 2021-02-22
10. NXP SEMICONDUCTORS N.V.   2020-06-17 2021-01-11
20. NXP SEMICONDUCTORS N.V.   2020-06-17 2021-01-20
(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 2,090   2,323 -233
b 3,280   2,946 334
c 5,779   4,361 1,418
d 1,116   822 294
e 512   329 183
1,240   785 455
1,242   285 957
2,077   285 1,792
2,479   571 1,908
5,249   857 4,392
2,618   3,972 -1,354
2,406   2,960 -554
2,486   3,205 -719
1,581   2,070 -489
385   465 -80
573   783 -210
1,637   2,053 -416
1,474   1,787 -313
426   431 -5
1,048   1,719 -671
1,472   1,130 342
3,988   3,517 471
3,731   2,465 1,266
1,429   1,042 387
1,136   1,257 -121
3,499   1,102 2,397
3,369   1,873 1,496
720   732 -12
1,104   826 278
199   241 -42
492   401 91
1,545   777 768
2,749   1,561 1,188
1,018   764 254
405   385 20
441   314 127
2,172   1,072 1,100
3,886   1,368 2,518
1,441   1,680 -239
607   414 193
560   374 186
560   270 290
47   32 15
1,848   1,710 138
4,723   3,001 1,722
282   166 116
1,127   600 527
1,366   831 535
5,460   2,327 3,133
4,373   4,948 -575
1,093   1,071 22
5,467   5,964 -497
2,241   1,461 780
2,873   1,670 1,203
1,853   1,044 809
1,319   765 554
1,900   1,044 856
1,722   908 814
1,292   626 666
2,070   1,135 935
1,652   980 672
2,478   1,362 1,116
812   490 322
106   101 5
4,487   4,209 278
1,325   1,052 273
563   515 48
1,616   1,303 313
809   806 3
843   561 282
2,649   2,297 352
1,576   1,172 404
4,572   3,399 1,173
8,200   5,179 3,021
7,107   4,799 2,308
670   632 38
600   134 466
20,264   4,928 15,336
41   40 1
171   142 29
1,889   1,181 708
972   429 543
439   422 17
1,941   1,026 915
6,797   1,579 5,218
3,845   908 2,937
672   2,969 -2,297
464   1,887 -1,423
35   196 -161
664   3,711 -3,047
2,319   462 1,857
1,446   308 1,138
2,736   412 2,324
2,394   431 1,963
2,287   284 2,003
2,717   335 2,382
1,078   1,754 -676
2,416   4,225 -1,809
706   1,173 -467
520   927 -407
186   286 -100
38     38
2,334   1,249 1,085
1,559   1,154 405
3,247   2,292 955
1,970   1,237 733
1,626   1,453 173
1,116   1,163 -47
1,368   872 496
567   448 119
760   623 137
3,659   3,406 253
8,971   7,528 1,443
2,481   1,919 562
3,615   1,958 1,657
829   443 386
911   443 468
1,760   850 910
1,157   554 603
928   443 485
1,405   665 740
783   369 414
4,255   3,873 382
397   378 19
496   465 31
1,818   1,765 53
397   291 106
993   929 64
2,288   2,068 220
548   517 31
890   827 63
915   827 88
572   503 69
1,229   1,108 121
337   302 35
1,132   530 602
608   347 261
1,077   905 172
6,398   5,377 1,021
2,471   2,133 338
3,369   3,139 230
1,196   785 411
825   436 389
1,023   495 528
1,483   419 1,064
2,414   1,553 861
4,883   4,135 748
2,156   1,780 376
767   492 275
2,174   1,696 478
2,782   2,168 614
2,956   2,251 705
1,617   1,192 425
1,456   1,060 396
2,040   2,066 -26
2,437   2,539 -102
1,215   1,263 -48
3,977   4,268 -291
2,209   2,215 -6
1,457   1,440 17
1,905   1,911 -6
4,124   3,934 190
4   3 1
496   415 81
134   103 31
2,720   2,701 19
425   311 114
330   251 79
725   629 96
659   543 116
659   470 189
4,756   2,543 2,213
2,819   1,374 1,445
1,373   687 686
524   389 135
1,730   1,153 577
3,508   2,305 1,203
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       -233
b       334
c       1,418
d       294
e       183
      455
      957
      1,792
      1,908
      4,392
      -1,354
      -554
      -719
      -489
      -80
      -210
      -416
      -313
      -5
      -671
      342
      471
      1,266
      387
      -121
      2,397
      1,496
      -12
      278
      -42
      91
      768
      1,188
      254
      20
      127
      1,100
      2,518
      -239
      193
      186
      290
      15
      138
      1,722
      116
      527
      535
      3,133
      -575
      22
      -497
      780
      1,203
      809
      554
      856
      814
      666
      935
      672
      1,116
      322
      5
      278
      273
      48
      313
      3
      282
      352
      404
      1,173
      3,021
      2,308
      38
      466
      15,336
      1
      29
      708
      543
      17
      915
      5,218
      2,937
      -2,297
      -1,423
      -161
      -3,047
      1,857
      1,138
      2,324
      1,963
      2,003
      2,382
      -676
      -1,809
      -467
      -407
      -100
      38
      1,085
      405
      955
      733
      173
      -47
      496
      119
      137
      253
      1,443
      562
      1,657
      386
      468
      910
      603
      485
      740
      414
      382
      19
      31
      53
      106
      64
      220
      31
      63
      88
      69
      121
      35
      602
      261
      172
      1,021
      338
      230
      411
      389
      528
      1,064
      861
      748
      376
      275
      478
      614
      705
      425
      396
      -26
      -102
      -48
      -291
      -6
      17
      -6
      190
      1
      81
      31
      19
      114
      79
      96
      116
      189
      2,213
      1,445
      686
      135
      577
      1,203
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 99,362
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,553
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,553
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,553
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,440
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,440
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 9 113
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (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)
    bulletHI
    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 addressbullet  
    14
    The books are in care ofbulletBANK OF AMERICA NA Telephone no.bullet (888) 866-3275

    Located atbullet114 WEST 47TH STREET NY8-114-07-07NEW YORKNY ZIP+4bullet100361510
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN E PARKS PRESIDENT
    1     		0    
    2047 WILHELMINA RISE
    HONOLULU,HI968163315
    MARGARET E PARKS VICE-PRESIDENT
    1     		0    
    2047 WILHELMINA RISE
    HONOLULU,HI968163315
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,367,588
    b
    Average of monthly cash balances.......................
    1b
    42,951
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,410,539
    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
    1,410,539
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    21,158
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,389,381
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    69,469
    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
    69,469
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,553
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,553
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    67,916
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    67,916
    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
    67,916
    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
    56,811
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    56,811
    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
    56,811
    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 67,916
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 52,930
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 56,811
    a Applied to 2019, but not more than line 2a 52,930
    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..... 3,881
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		64,035
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN E PARKS
    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.
    NONE
    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
    HAWAII COMMUNITY FOUNDATION
    827 FORT STREET MALL
    HONOLULU,HI96813     		N/A PC UNRESTRICTED GENERAL 52,930
    Total .................................bullet 3a 52,930
    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 ...........     		         
    4 Dividends and interest from securities....     14 18,455  
    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 99,362  
    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)..   117,817  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    117,817
    (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 InvestmentsCorpStockSchedule
    Name:
    PARKS FAMILY FOUNDATION
    EIN:
    43-1948979
    Name of Stock End of Year Book Value End of Year Fair Market Value
    26078J100 DOWDUPONT INC COM    
    437076102 HOME DEPOT INC USD 0    
    172967424 CITIGROUP INC    
    20030N101 COMCAST CORP 7,876 22,459
    247361702 DELTA AIR LINES INC    
    526057104 LENNAR CORP    
    695156109 PACKAGING CORP AMER    
    7591EP100 REGIONS FINL CORP NE    
    867224107 SUNCOR ENERGY INC NE    
    337932107 FIRSTENERGY CORP    
    02079K107 ALPHABET INC SHS 4,913 26,479
    12514G108 CDW CORP/DE    
    15135B101 CENTENE CORP DEL    
    375558103 GILEAD SCIENCES INC    
    548661107 LOWES COMPANIES INC 4,996 9,585
    655844108 NORFOLK SOUTHERN COR 6,705 13,107
    902973304 US BANCORP DEL    
    917047102 URBAN OUTFITTERS INC    
    931142103 WAL MART STORES INC 8,013 11,043
    126650100 CVS CORP    
    192446102 COGNIZANT TECHNOLOGY 12,913 15,578
    46625H100 J P MORGAN CHASE & C 6,192 20,898
    50540R409 LABORATORY CORP AMER 10,774 19,913
    037833100 APPLE INC 2,438 848,820
    17275R102 CISCO SYSTEMS INC 8,768 16,422
    23331A109 DR HORTON INC    
    38141G104 GOLDMAN SACHS GROUP    
    444859102 HUMANA INC 5,675 5,695
    717081103 PFIZER INC    
    755111507 RAYTHEON CO    
    867914103 SUNTRUST BANKS INC    
    844741108 SOUTHWEST AIRLINES C    
    91324P102 UNITEDHEALTH GROUP I 10,199 23,255
    00817Y108 AETNA INC    
    143658300 CARNIVAL CORP    
    02079K305 ALPHABET INC SHS 4,078 26,285
    02209S103 ALTRIA GROUP INC    
    055622104 BP P L C SPONS ADR 9,656 6,395
    34959J108 FORTIVE CORP 9,630 10,268
    382550101 GOODYEAR TIRE & RUBB    
    416515104 HARTFORD FINL SVCS G    
    670100205 NOVO NORDISK A/S ADR 5,608 8,408
    68389X105 ORACLE CORPORATION    
    69331C108 PG&E CORP    
    744573106 PUBLIC SERVICE ENTER    
    Y2573F102 FLEXTRONICS INTL LTD    
    071813109 BAXTER INTL INC COM    
    09062X103 BIOGEN IDEC INC 6,227 6,276
    166764100 CHEVRONTEXACO CORP 13,322 10,900
    269246401 E*TRADE FINANCIAL CO    
    369604103 GENERAL ELECTRIC CO    
    594918104 MICROSOFT CORP COM 14,802 55,771
    770323103 ROBERT HALF INTERNAT 10,887 15,169
    02005N100 ALLY FINANCIAL INC 9,252 13,737
    24703L103 DELL TECHNOLOGIES IN    
    037833100 APPLE INC    
    24703L202 DELL TECHNOLOGIES IN    
    443510607 HUBBELL INC    
    66987V109 NOVARTIS AG SPNSRD A    
    565849106 MARATHON OIL CORP    
    60871R209 MOLSON COORS BREWING    
    874039100 TAIWAN SEMICONDUCTOR 6,904 23,803
    35671D857 FREEPORT-MCMORAN COP    
    67103H107 O'REILLY AUTOMOTIVE 7,750 10,289
    256677105 DOLLAR GENERAL CORP    
    291011104 EMERSON ELECTRIC COM    
    48238T109 KAR AUCTION SERVICES    
    25470M109 DISH NETWORK CORPATI    
    832696405 SMUCKER J M CO    
    00130H105 AES CORP/VA    
    92826C839 VISA INC 22,832 27,186
    904784709 UNILEVER NV    
    35137L105 FOX CORP 12,484 12,425
    80105N105 SANOFI-SYNTHELABO 13,387 12,941
    89832Q109 TRUIST FINL CORP 3,788 5,696
    023135106 AMAZON COM INC 31,540 43,301
    500472303 KONINKLIJKE PHILIPS 8,334 10,336
    12508E101 CDK GLOBAL INC 13,745 13,237
    754730109 RAYMOND JAMES FINANC    
    20825C104 CONOCOPHILLIPS 11,163 11,806
    22052L104 DOWDUPONT INC 13,702 21,988
    835699307 SONY CORP ADR AMERN    
    37045V100 GENERAL MOTORS CO 13,528 20,224
    30303M102 FACEBOOK INC 20,140 24,989
    92343V104 VERIZON COMMUNICATIO    
    036752103 ANTHEM INC 11,546 11,521
    05523R107 BAE SYSTEMS PLC 10,475 10,483
    256746108 DOLLAR TREE INC 16,664 16,203
    01609W102 ALIBABA GROUP HOLDIN 7,894 11,412
    038222105 APPLIED MATERIALS IN 12,328 22,692
    14040H105 CAPITAL ONE FINANCIA 10,843 12,740
    339041105 FLEETCOR TECHNOLOGIS 10,699 11,647
    74762E102 QUANTA SERVICES INC 5,357 12,158
    778296103 ROSS STORES INC 8,819 11,314
    171779309 CIENA CORP 6,567 7,199
    45866F104 INTERCONTINENTAL EXC 12,011 12,134
    617446448 MORGAN STANLEY 12,544 18,064
    517834107 LAS VEGAS SANDS CORP 4,998 5,196
    G0750C108 AXALTA COATING SYSTE 8,751 10,116
    904767704 UNILEVER PLC AMER SH 13,645 12,755
    68902V107 OTIS WORLDWIDE CORP 6,763 8,665
    922475108 VEEVA SYS INC 4,739 4,762
    92857W308 VODAFONE GROUP PLC 12,277 14,397
    12504L109 CBRE GROUP INC 5,852 8,789
    12541W209 CH ROBINSON WORLDWID 9,341 8,903
    084670702 BERKSHIRE HATHAWAYIN 17,507 22,608
    191216100 COCA-COLA CO/THE 13,813 13,570

    TY 2020 OtherDecreasesSchedule
    Name:
    PARKS FAMILY FOUNDATION
    EIN:
    43-1948979
    Description Amount
    ROUNDING 37


    TY 2020 OtherExpensesSchedule
    Name:
    PARKS FAMILY FOUNDATION
    EIN:
    43-1948979
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 59 0   59


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PARKS FAMILY FOUNDATION
    EIN:
    43-1948979
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 9,555 5,733   3,822


    TY 2020 TaxesSchedule
    Name:
    PARKS FAMILY FOUNDATION
    EIN:
    43-1948979
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 330 330   0
    EXCISE TAX - PRIOR YEAR 699 0   0
    EXCISE TAX ESTIMATES 1,440 0   0