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
CHARLES HOSMER MORSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)329 PARK AVE NORTH NO 329
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINTER PARK, FL32789
A Employer identification number

59-1659392
B Telephone number (see instructions)

(407) 644-0555
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$76,796,978J 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) 2,909,112
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 434,341 591,205 591,205
5a Gross rents............ 101,793 101,793 101,793
b Net rental income or (loss) 33,674
6a Net gain or (loss) from sale of assets not on line 10 1,689,910
b Gross sales price for all assets on line 6a 1,706,722
7 Capital gain net income (from Part IV, line 2)... 1,482,116
8 Net short-term capital gain......... 524,755
9 Income modifications...........  
10a Gross sales less returns and allowances 332,079
b Less: Cost of goods sold.... 192,121
c Gross profit or (loss) (attach schedule)..... Click to see attachment 139,958 139,958
11 Other income (attach schedule)....... Click to see attachment 135,837 145,948 269,657
12 Total. Add lines 1 through 11........ 5,410,951 2,321,062 1,627,368
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 302,254 0 150,344 151,910
14 Other employee salaries and wages...... 1,413,185 0 702,933 758,724
15 Pension plans, employee benefits....... 797,111 0 396,492 400,259
16a Legal fees (attach schedule)......... Click to see attachment 30,189 6,189 6,189 26,000
b Accounting fees (attach schedule)....... Click to see attachment 44,640 0 0 44,640
c Other professional fees (attach schedule).... Click to see attachment 629,257 249,306 249,306 517,795
17 Interest...............   22,085 22,085  
18 Taxes (attach schedule) (see instructions)... Click to see attachment 62,512 71,041 71,041 2,546
19 Depreciation (attach schedule) and depletion... 617,118 2,329 2,329
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,389 124 124 13,265
22 Printing and publications.......... 64,697 0 0 64,697
23 Other expenses (attach schedule)....... Click to see attachment 851,406 26,525 26,525 853,063
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,825,758 377,599 1,627,368 2,832,899
25 Contributions, gifts, grants paid....... 80,000 80,000
26 Total expenses and disbursements. Add lines 24 and 25 4,905,758 377,599 1,627,368 2,912,899
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 505,193
b Net investment income (if negative, enter -0-) 1,943,463
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............. 1,462,870 1,339,562 1,339,562
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet1,890
Less: allowance for doubtful accounts bullet   16,969 1,890 1,890
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.............. 438,295 474,544 474,544
9 Prepaid expenses and deferred charges.......... 29,538 35,703 35,703
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet5,258,461
Less: accumulated depreciation (attach schedule) bullet777,577 4,483,213 Click to see attachment4,480,884 21,052,550
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 32,076,511 Click to see attachment36,152,946 36,152,946
14 Land, buildings, and equipment: basis bullet27,900,468
Less: accumulated depreciation (attach schedule) bullet10,251,206 18,038,598 Click to see attachment17,649,262 17,649,262
15 Other assets (describe bullet) Click to see attachment128,367 Click to see attachment90,521 Click to see attachment90,521
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 56,674,361 60,225,312 76,796,978
Liabilities 17 Accounts payable and accrued expenses.......... 346,657 108,768
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 attachment94,000 Click to see attachment140,000
23 Total liabilities (add lines 17 through 22)......... 440,657 248,768
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........... 56,233,704 59,976,544
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 56,233,704 59,976,544
30 Total liabilities and net assets/fund balances (see instructions). 56,674,361 60,225,312
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
56,233,704
2
Enter amount from Part I, line 27a .....................
2
505,193
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,283,647
4
Add lines 1, 2, and 3 ..........................
4
60,022,544
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
46,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
59,976,544
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 FIXED ASSET DISPOSALS P    
b THRU SCH. K-1 - CTF EMERGING MARKETS PORTFOLIO P    
c THRU SCH. K-1 - CTF EMERGING MARKETS PORTFOLIO P    
d THRU SCH. K-1 - CTF ENDURING ASSETS PORTFOLIO P    
e THRU SCH. K-1 - CTF ENDURING ASSETS PORTFOLIO P    
THRU SCH. K-1 - CTF GLOBAL OPPORTUNITIES PORTFOLIO P    
THRU SCH. K-1 - CTF GLOBAL OPPORTUNITIES PORTFOLIO P    
THRU SCH. K-1 - CTF INTERMEDIATE BOND PORTFOLIO P    
THRU SCH. K-1 - CTF INTERMEDIATE BOND PORTFOLIO P    
THRU SCH. K-1 - CTF OPPORTUNISTIC FIXED INCOME P    
THRU SCH. K-1 - CTF OPPORTUNISTIC FIXED INCOME P    
THRU SCH. K-1 - SMALL CAP 2000 PORTFOLIO P    
THRU SCH. K-1 - SMALL CAP 2000 PORTFOLIO P    
THRU SCH. K-1 - WELLINGTON COMPOUND GROWTH P    
THRU SCH. K-1 - WELLINGTON COMPOUND GROWTH P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a   80,895 83,773 -2,878
b       -23,181
c       -86,708
d 184,739     184,739
e       -51,098
515,529     515,529
372,249     372,249
23,266     23,266
34,813     34,813
15,768     15,768
157,065     157,065
164,382     164,382
159,175     159,175
79,736     79,736
      -60,741
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       -2,878
b       -23,181
c       -86,708
d       184,739
e       -51,098
      515,529
      372,249
      23,266
      34,813
      15,768
      157,065
      164,382
      159,175
      79,736
      -60,741
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 1,482,116
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 3 524,755
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 27,014
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 27,014
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 27,014
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,000
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 32,986
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet32,986 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)
    bulletFL
    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
    Yes
     
    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 addressbulletWWW.MORSEMUSEUM.ORG
    14
    The books are in care ofbulletRICHARD STRAUSS Telephone no.bullet (407) 644-0555

    Located atbullet329 NORTH PARK AVE SUITE 329WINTER PARKFL ZIP+4bullet327897407
    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
    HAROLD WARD III PRESIDENT/CHAIRMAN
    2.00     		0 0 0
    335 N PARK AVE SUITE 329
    WINTER PARK,FL32795
    RICHARD STRAUSS EXEC VP/TREASURER
    15.00     		0 0 0
    333 N PARK AVE SUITE 329
    WINTER PARK,FL32793
    LEILA TRISMEN SECRETARY
    1.00     		0 0 0
    334 N PARK AVE SUITE 329
    WINTER PARK,FL32794
    SUSAN STAVROS ASST. TREASURER
    5.00     		0 0 0
    337 N PARK AVE SUITE 329
    WINTER PARK,FL32797
    BONNIE HUBBARD ASST. SECRETARY
    1.00     		0 0 0
    340 N PARK AVE SUITE 329
    WINTER PARK,FL32800
    DR LAURENCE RUGGIERO MUSEUM DIRECTOR
    40.00     		302,254 68,105 0
    338 N PARK AVE SUITE 329
    WINTER PARK,FL32798
    SUSAN MCKEAN TRUSTEE
    1.00     		0 0 0
    329 N PARK AVE SUITE 329
    WINTER PARK,FL32789
    SANDRA OGDEN TRUSTEE
    1.00     		0 0 0
    330 N PARK AVE SUITE 329
    WINTER PARK,FL32790
    ANN SAURMAN TRUSTEE
    1.00     		0 0 0
    331 N PARK AVE SUITE 329
    WINTER PARK,FL32791
    DR LEWIS SHARP TRUSTEE
    1.00     		0 0 0
    332 N PARK AVE SUITE 329
    WINTER PARK,FL32792
    CHARLES OGDEN TRUSTEE
    1.00     		0 0 0
    339 N PARK AVE SUITE 329
    WINTER PARK,FL32799
    ALISON YURKO TRUSTEE (THRU 5/4/20)
    1.00     		0 0 0
    336 N PARK AVE SUITE 329
    WINTER PARK,FL32796
    THEODORE E STEBBINS JR TRUSTEE (AS OF 5/4/20)
    1.00     		0 0 0
    340 N PARK AVE SUITE 329
    WINTER PARK,FL32800
    RANDOLPH J RUSH TRUSTEE
    1.00     		0 0 0
    340 N PARK AVE SUITE 329
    WINTER PARK,FL32800
    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
    WILLIAM T MOBLEY BUILDING MANAGER
    40.00     		99,077 50,192 0
    446 N PARK AVE
    WINTER PARK,FL32790
    JENNIFER THALHEIMER COLLECTION MANAGER
    40.00     		98,562 49,583 0
    449 N PARK AVE
    WINTER PARK,FL32793
    BETSY PETERS DIRETOR OF PROGRAMS
    40.00     		99,934 38,148 0
    448 N PARK AVE
    WINTER PARK,FL32792
    AVA MAXWELL RETAIL MANAGER
    40.00     		74,496 35,519 0
    445 N PARK AVE
    WINTER PARK,FL32789
    REGINA PALM CURATOR
    40.00     		77,556 16,085 0
    447 N PARK AVE
    WINTER PARK,FL32791
    Total number of other employees paid over $50,000...................bullet 8
    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
    SECURITAS SECURITY SERVICES USA SECURITY 362,579
    PO BOX 403412
    ATLANTA,GA30384
    WELLINGTON TC INVESTMENT MANAGER 141,297
    280 CONGRESS STREET
    BOSTON,MA02210
    WW GAY MECHANICAL CONTRACTORS INC CONTRACTOR 141,168
    3220 WEST 39TH STREET
    ORLANDO,FL32839
    BRASSFIELD & GORRIE CONTRACTOR 82,403
    941 WEST MORSE BLVD 200
    WINTER PARK,FL32789
    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 SEE STATEMENT 18 4,608,748
    2 SEE STATEMENT 18 103,737
    3 SEE STATEMENT 18 42,431
    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
    31,567,041
    b
    Average of monthly cash balances.......................
    1b
    1,093,379
    c
    Fair market value of all other assets (see instructions)................
    1c
    21,053,480
    d
    Total (add lines 1a, b, and c).........................
    1d
    53,713,900
    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
    53,713,900
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    805,709
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    52,908,191
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,645,410
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    2,912,899
    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
    228,331
    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
    3,141,230
    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
    3,141,230
    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  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
    1976-12-31
    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
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		3,141,230 3,926,564 3,383,220 2,439,848 12,890,862
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		80,000 73,500 73,500 76,500 303,500
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		3,061,230 3,853,064 3,309,720 2,363,348 12,587,362
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		1,763,607 1,699,024 1,703,123 1,652,137 6,817,891
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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
    AMERICAN BACH SOLOISTS
    44 PAGE STREET SUITE 403
    SAN FRANCISCO,CA94102     		N/A PC GENERAL SUPPORT 10,000
    ART IN ACTION
    3925 BOHANNON DRIVE SUITE 30
    MENLO PARK,CA94025     		N/A PC GENERAL SUPPORT 5,000
    COALITION FOR THE HOMELESS OF CENTRAL FLORIDA
    639 WEST CENTRAL BLVD
    ORLANDO,FL32801     		N/A PC GENERAL SUPPORT 2,000
    DENVER ART MUSEUM
    100 W 14TH AVENUE PKWY
    DENVER,CO80204     		N/A PC GENERAL SUPPORT 10,000
    FIRST UNITED METHODIST CHURCH
    125 N INTERLACHEN
    WINTER PARK,FL32789     		N/A PC GENERAL SUPPORT 10,000
    FRIENDS OF MUKAI
    PO BOX 2603
    VASHON,WA98070     		N/A PC GENERAL SUPPORT 1,000
    HISTORIC MACON FOUNDATION INC
    PO BOX 13358
    MACON,GA31201     		N/A PC SIDNEY LANIER COTTAGE 2,000
    INTERNATIONAL FOUNDATION FOR ART RESEARCH INC
    500 5TH AVENUE STE 935
    NEW YORK,NY10110     		N/A PC GENERAL SUPPORT 10,000
    NATIONAL SOCIETY OF COLONIAL DAMES OF AMERICA
    2715 QUE ST NW
    WASHINGTON,DC20007     		N/A PC GENERAL SUPPORT 2,000
    ST MARY MAGDALEN CATHOLIC CHURCH
    861 MAITLAND AVENUE
    ALTAMONTE SPRINGS,FL32701     		N/A PC SCHOOL SCHOLARSHIPS 10,000
    SALVATION ARMY
    416 W COLONIAL DRIVE
    ORLANDO,FL32804     		N/A PC ORLANDO SUPPORT 3,000
    SECOND HARVEST FOOD BANK
    411 MERCY DRIVE
    ORLANDO,FL32805     		N/A PC GENERAL SUPPORT 3,000
    SMCU COMMUNITY FOUNDATION
    350 CONVENTION WAY
    REDWOOD CITY,CA94063     		N/A PC GENERAL SUPPORT 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    407 GERBERDING HALL BOX 351210
    SEATTLE,WA98195     		N/A PC CENTER FOR CONSERVATION BIOLOGY 4,000
    VASHON CENTER FOR THE ARTS
    P O BOX 576
    VASHON,WA98070     		N/A PC GENERAL SUPPORT 1,000
    VASHON OPERA
    10407 SE COWAN ROAD
    VASHON,WA98070     		N/A PC GENERAL SUPPORT 2,000
    Total .................................bullet 3a 80,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aADMISSIONS AND MEMBERSHIPS         97,008
    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....     14 434,341  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 33,674  
    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 1,689,910  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory         139,958
    11 Other revenue:
    aREIMBURSEMENT - INTERLACHEN     		        26,701
    bROYALTY INCOME     15 12,128  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,170,053 263,667
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,433,720
    (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.)
    1A ADMISSIONS AND MEMBERSHIPS TO THE MORSE MUSEUM OF AMERICAN ART
    10 THE NET SALES OF INVENTORY FROM THE MUSEUMS GIFT SHOP
    11A REIMBURSEMENT OF EXPENSES FOR USE OF TWO BUILDINGS BY TWO NON-PROFITS
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    CHARLES HOSMER MORSE FOUNDATION INC
     
    Employer identification number

    59-1659392
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    CHARLES HOSMER MORSE FOUNDATION INC
          		Employer identification number
    59-1659392
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ELIZABETH MORSE GENIUS FOUNDATION
     
    329 N PARK AVE SUITE 329
     
    WINTER PARK, FL327897407

    		$ 2,800,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    GEORGE B BENNETT
    280 DUDLEY STREET
     
    BROOKLINE, MA02445

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    CHARLES HOSMER MORSE FOUNDATION INC
          		Employer identification number

    59-1659392
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    CHARLES HOSMER MORSE FOUNDATION INC
          		Employer identification number

    59-1659392
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL STATEMENT AUDIT AND TAX RETURN PREPARATION 39,429 0 0 39,429
    INNOVATIVE CLOUD SOLUTIONS 5,211 0 0 5,211

    TY 2020 GeneralExplanationAttachment
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Identifier Return Reference Explanation
      FORM 990-PF, PAGE 7, PART IX-A, LINES 1, 2, AND 3 1.) MUSEUM - $4,608,748THE CHARLES HOSMER MORSE MUSEUM OF AMERICAN ART WAS FOUNDED BY JEANETTE GENIUS MCKEAN AND DEVELOPED BY HER AND HER HUSBAND, HUGH F MCKEAN, TO ENRICH THE LIFE OF THEIR COMMUNITY BY FOSTERING KNOWLEDGE AND APPRECIATION OF AMERICAN ART THROUGH THE PRESERVATION, PRESENTATION, AND SCHOLARLY STUDY OF THE MUSEUM'S COLLECTIONS IN A SPIRIT OF ADVENTURE AND EXPERIMENT. 2.) OSCEOLA LODGE - $103,737OSCEOLA LODGE IS BEING USED BY THE WINTER PARK INSTITUTE OF ROLLINS COLLEGE AND THE BACH FESTIVAL SOCIETY. THE INSTITUTE WAS LAUNCHED TO ESTABLISH AN ATMOSPHERE OF ENLIGHTENED CONSERVATION AND CAPTURE THE SYNERGY CREATED WHEN SCHOLARS SHARE INFORMATION, DEBATE ISSUES AND SHED LIGHT ON A VARIETY OF SIGNIFICANT, TIMELY TOPICS. THE INSTITUTE IS USING IT AS A STUDY CENTER FOR ITS SCHOLARS-IN-RESIDENCE. THE BACH FESTIVAL SOCIETY IS A NON-PRIVATE FOUNDATION ORGANIZED TO PRODUCE THE ANNUAL BACH FESTIVAL AND VARIOUS COMMUNITY CONCERTS, EDUCATIONAL ACTIVITIES AND OUTREACH PROGRAMS. THE SOCIETY IS GOVERNED BY A BOARD OF TRUSTEES COMPOSED OF INTERESTED INDIVIDUALS FROM THE COMMUNITY OF CENTRAL FLORIDA.3.) KNOWLES COTTAGE - $42,431KNOWLES COTTAGE IS BEING USED BY THE WINTER PARK HISTORICAL ASSOCIATION (WPHA) AS THEIR EXECUTIVE OFFICES. THE WPHA COLLECTS, PRESERVES, PROMOTES AND RESEARCHES THE RICH HISTORY OF WINTER PARK AND ITS SURROUNDING AREA. THEY SHARE THAT HISTORY WITH THE PUBLIC THROUGH THE OPERATION OF A MUSEUM, THE WINTER PARK HISTORY MUSEUM (LOCATED IN THE FARMER'S MARKET BUILDING), AS WELL AS EDUCATIONAL PROGRAMS.

    TY 2020 InvestmentsLandSchedule2
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    INVESTMENT PROPERTY 5,258,461 777,577 4,480,884 21,052,550

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CTF EMERGING MARKETS RESEARCH EQUITY PORTFOLIO FMV 1,835,969 1,835,969
    CTF ENDURING ASSETS PORTFOLIO FMV 3,309,654 3,309,654
    CTF GLOBAL OPPORTUNITIES PORTFOLIO FMV 9,370,611 9,370,611
    CTF INTERMEDIATE BOND PORTFOLIO FMV 5,336,185 5,336,185
    CTF OPPORTUNISTIC FIXED INCOME ALLOCATION PORTFOLIO FMV 3,571,824 3,571,824
    CTF SMALL CAP 2000 PORTFOLIO FMV 3,655,878 3,655,878
    WELLINGTON COMPOUND GROWTH, LP FMV 9,072,825 9,072,825

    TY 2020 LandEtcSchedule2
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PROGRAM PROPERTY 26,599,693 9,167,521 17,432,172 17,432,172
    FURNITURE AND EQUIPMENT 1,300,775 1,083,685 217,090 217,090


    TY 2020 LegalFeesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL AND ADMINISTRATIVE LEGAL COUNSEL 30,189 6,189 6,189 26,000


    TY 2020 OtherAssetsSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST AND DIVIDENDS 43,468 32,636 32,636
    COPYRIGHTS 930 930 930
    DEPOSITS 3,645 3,645 3,645
    PREPAID FEDERAL EXCISE TAX 80,324 32,986 32,986
    EXCISE TAX REFUND RECEIVABLE   20,324 20,324


    TY 2020 OtherDecreasesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Amount
    DEFERRED EXCISE TAX PROVISION 46,000


    TY 2020 OtherExpensesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 216,356 17,826 17,826 204,695
    REPAIRS AND MAINTENANCE 206,808 8,638 8,638 206,352
    DUES AND SUBSCRIPTIONS 9,225 61 61 9,164
    SUPPLIES AND EQUIPMENT 83,274 0 0 88,612
    ADVERTISING AND DESIGN 66,141 0 0 63,061
    CATERING AND FOOD 14,960 0 0 14,960
    UTILITIES 127,377 0 0 138,954
    TELEPHONE AND INTERNET 43,432 0 0 43,432
    EVENTS 9,088 0 0 9,088
    FEES AND SECURITY 48,993 0 0 48,993
    MISCELLANEOUS 23,127 0 0 23,127
    ART ACQUISITIONS 2,625 0 0 2,625


    TY 2020 OtherIncomeSchedule2
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME THRU SCHEDULE K-1'S   133,820 133,820
    ADMISSIONS AND MEMBERSHIPS 97,008   97,008
    REIMBURSEMENT - INTERLACHEN 26,701   26,701
    ROYALTY INCOME 12,128 12,128 12,128


    TY 2020 OtherIncreasesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 3,283,647


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 94,000 140,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT AND ADVISORY 141,297 249,306 249,306 0
    CONTRACT SERVICES 464,869 0 0 495,204
    INFO CUBIC-BACKGROUND CHECK 39 0 0 39
    REGIONS MORGAN KEEGAN TRUST-PENSION 17,678 0 0 17,178
    VANGUARD-PENSION FEES 5,374 0 0 5,374


    TY 2020 SalesOfInventoryList 
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    MERCHANDISE 332,079 192,121 139,958

    TY 2020 TaxesSchedule
    Name:
    CHARLES HOSMER MORSE FOUNDATION INC
    EIN:
    59-1659392
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 27,014 0 0 0
    REAL ESTATE TAXES 35,498 32,952 32,952 2,546
    FOREIGN TAXES PAID 0 38,089 38,089 0