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 04-01-2020 , and ending 03-31-2021
Name of foundation
C A CANNON CHAR TRUST #1 (#190)
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 58
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CONCORD, NC28026
A Employer identification number

56-6132354
B Telephone number (see instructions)

(704) 262-2347
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$343,397,003J 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... 4,009,929 4,009,929  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,042,670
b Gross sales price for all assets on line 6a 37,090,568
7 Capital gain net income (from Part IV, line 2)... 1,042,670
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).......   -56,757  
12 Total. Add lines 1 through 11........ 5,052,599 4,995,842  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,975,569 935,372   1,040,197
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 7,706 0 0 7,706
b Accounting fees (attach schedule)....... Click to see attachment 2,800 0 0 2,800
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 66,885 58,397   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 158,098 1,868   156,230
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,211,058 995,637 0 1,206,933
25 Contributions, gifts, grants paid....... 12,896,756 12,896,756
26 Total expenses and disbursements. Add lines 24 and 25 15,107,814 995,637 0 14,103,689
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,055,215
b Net investment income (if negative, enter -0-) 4,000,205
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.............      
2 Savings and temporary cash investments......... 1,269,528 6,882,827 6,882,827
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) 14,154,921 Click to see attachment10,897,600 11,144,224
b Investments—corporate stock (attach schedule)....... 119,020,948 Click to see attachment105,821,997 308,912,459
c Investments—corporate bonds (attach schedule)....... 12,469,435 Click to see attachment13,648,519 14,025,502
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,214,434 Click to see attachment2,423,497 2,431,991
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) 151,129,266 139,674,440 343,397,003
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........ 151,129,266 139,674,440
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)..... 151,129,266 139,674,440
30 Total liabilities and net assets/fund balances (see instructions). 151,129,266 139,674,440
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
151,129,266
2
Enter amount from Part I, line 27a .....................
2
-10,055,215
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,201
4
Add lines 1, 2, and 3 ..........................
4
141,075,252
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,400,812
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
139,674,440
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 250000. AT&T INC 3.400% 5/15/25   2019-09-19 2020-08-07
b 3567.43 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-07-15
c 30260.59 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-08-17
d 28388.01 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-09-15
e 28199.98 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-10-15
27151.06 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-11-16
23952.25 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2020-12-15
93480.68 ALLY AUTO RECEIVABLE 2.010% 3/15/22   2018-11-01 2021-01-15
7000. APPLE INC   2016-05-19 2020-07-20
7000. APPLE INC   2011-12-13 2021-02-16
.55 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-04-01
.5 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-05-04
8.25 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-06-02
.39 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-07-02
1.91 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-08-03
.32 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-09-01
.32 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-10-02
.32 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-11-02
.32 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2020-12-03
.33 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2021-01-05
.33 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2021-02-01
.34 BEAR STEARNS MTG 6.750% 5/02/30   2001-06-11 2021-03-04
50000. CITIGROUP INC.   2017-01-25 2021-02-16
305000. VR CITIGROUP INC 3.352% 4/24/25   2019-04-16 2020-04-08
121765.601 DODGE & COX INT'L STOCK FD #1048   2009-12-23 2020-05-20
1956.78 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-04-15
2095.79 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-05-15
1305.39 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-06-15
1226.01 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-07-15
1049.82 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-08-15
991.98 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-09-15
1477.58 FHLMC POOL #J15186 4.000% 4/01/26   2011-12-13 2020-10-15
646.53 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-04-15
15129.68 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-05-15
474.95 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-06-15
477.03 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-07-15
479.12 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-08-15
481.21 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-09-15
483.32 FHLMC POOL #E02909 5.000% 6/01/26   2012-03-13 2020-10-15
2081.14 FHLMC POOL #ZK3192 4.000% 4/01/26   2011-12-13 2020-11-25
1740.77 FHLMC POOL #ZK3192 4.000% 4/01/26   2011-12-13 2020-12-25
1942.68 FHLMC POOL #ZK3192 4.000% 4/01/26   2011-12-13 2021-01-25
2643.47 FHLMC POOL #ZK3192 4.000% 4/01/26   2011-12-13 2021-02-25
1892.3 FHLMC POOL #ZK3192 4.000% 4/01/26   2011-12-13 2021-03-25
4573.15 FHLMC POOL #ZM0564 3.500% 12/01/45   2016-11-03 2020-11-25
4192.7 FHLMC POOL #ZM0564 3.500% 12/01/45   2016-11-03 2020-12-25
4410.16 FHLMC POOL #ZM0564 3.500% 12/01/45   2016-11-03 2021-01-25
4396.54 FHLMC POOL #ZM0564 3.500% 12/01/45   2016-11-03 2021-02-25
222.55 FHLMC POOL #ZM0564 3.500% 12/01/45   2016-11-03 2021-03-25
485.43 FHLMC POOL #ZA2634 5.000% 6/01/26   2012-03-13 2020-11-25
487.56 FHLMC POOL #ZA2634 5.000% 6/01/26   2012-03-13 2020-12-25
489.69 FHLMC POOL #ZA2634 5.000% 6/01/26   2012-03-13 2021-01-25
19049.4 FHLMC POOL #ZA2634 5.000% 6/01/26   2012-03-13 2021-02-25
232.77 FHLMC POOL #ZA2634 5.000% 6/01/26   2012-03-13 2021-03-25
14085.08 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2020-10-25
16712.15 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2020-11-25
14374.71 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2020-12-25
38260.65 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2021-01-25
11683.48 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2021-02-25
22087.25 FHLMC POOL #ZS9286 4.500% 4/01/35   2020-09-09 2021-03-25
315.73 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-04-15
314.07 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-05-15
313.5 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-06-15
343.07 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-07-15
8842.72 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-08-15
8222.02 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-09-15
300.73 FHLMC POOL #Q37797 3.500% 12/01/45   2016-11-03 2020-10-15
75000. FED NATL MTG ASSN 1.500% 11/30/20   2015-10-27 2020-11-30
200000. FED NATL MTG ASSN 2.125% 4/24/26   2016-05-31 2020-04-09
6911.24 FED NATL MTG ASSN 3.500% 3/25/42   2015-05-29 2020-07-25
217461.32 FED NATL MTG ASSN 3.500% 3/25/42   2015-05-29 2020-08-25
29594.44 FED NATL MTG ASSN 3.500% 3/25/42   2015-05-29 2020-09-25
22266.67 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-04-25
10076.69 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-05-25
12325.28 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-06-25
3618.87 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-07-25
17085.33 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-08-25
15352.57 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-09-25
11558.41 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-10-25
8282.54 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-11-25
8112.13 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2020-12-25
8180.66 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2021-01-25
17022.08 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2021-02-25
884.31 FED NATL MTG ASSN 3.000% 6/25/49   2019-06-17 2021-03-25
8175.06 FED HOME LN MTG CORP 2.500% 6/15/40   2020-12-22 2021-01-15
6363.85 FED HOME LN MTG CORP 2.500% 6/15/40   2020-12-22 2021-02-15
7172.35 FED HOME LN MTG CORP 2.500% 6/15/40   2020-12-22 2021-03-15
1928.29 FNMA POOL #AL7077 4.000% 7/01/35   2020-08-26 2020-09-25
2743.31 FNMA POOL #AL7077 4.000% 7/01/35   2020-08-26 2020-10-25
2820.79 FNMA POOL #AL7077 4.000% 7/01/35   2020-09-25 2020-11-25
3356.23 FNMA POOL #AL7077 4.000% 7/01/35   2020-09-25 2020-12-25
3027.03 FNMA POOL #AL7077 4.000% 7/01/35   2020-09-25 2021-01-25
3060.61 FNMA POOL #AL7077 4.000% 7/01/35   2020-09-25 2021-02-25
4998.26 FNMA POOL #AL7077 4.000% 7/01/35   2020-09-25 2021-03-25
376.13 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-04-25
2332.38 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-05-25
3053.91 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-06-25
2064.97 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-07-25
1594.06 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-08-25
2028.82 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-09-25
4353.14 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-10-25
2845.52 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-11-25
566.04 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2020-12-25
3715.75 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2021-01-25
2290.02 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2021-02-25
1335.01 FNMA POOL #AO5472 3.500% 7/01/42   2012-12-10 2021-03-25
25.4 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-04-25
17.65 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-05-25
16.08 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-06-25
10.89 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-07-25
8.36 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-08-25
7.75 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-09-25
7.46 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-10-25
1.53 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-11-25
.57 FNMA POOL #890379 5.000% 12/01/20   2012-02-13 2020-12-25
3997.96 GS MORTGAGE SECURITI 3.482% 1/10/45   2014-06-05 2021-03-12
67.14 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-04-15
67.66 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-05-15
68.2 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-06-15
68.74 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-07-15
69.28 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-08-15
69.84 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-09-15
70.39 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-10-15
70.94 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-11-15
71.5 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2020-12-15
72.07 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2021-01-15
72.64 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2021-02-15
73.22 GNMA POOL #323192 9.000% 7/15/22   1994-10-06 2021-03-15
68.27 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-04-20
68.54 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-05-20
76.56 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-06-20
1436.77 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-07-20
3074.7 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-08-20
358.09 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-09-20
505.49 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-10-20
59.59 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-11-20
58.8 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2020-12-20
1730.13 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2021-01-20
463.85 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2021-02-20
609.76 GNMA II POOL #783349 5.000% 7/20/40   2013-12-04 2021-03-20
342.04 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-04-16
328.18 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-05-16
875.9 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-06-16
649.4 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-07-16
572.34 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-08-16
1503.92 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-09-16
432.3 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-10-16
340.83 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-11-16
728.28 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2020-12-16
321.73 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2021-01-16
318.86 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2021-02-16
322.69 GOVT NATL MTG ASSN 4.250% 3/16/33   2014-03-27 2021-03-16
3189.34 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-04-20
3270.01 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-05-20
3490.58 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-06-20
7716.91 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-07-20
5794.37 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-08-20
4923.19 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-09-20
4874.28 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-10-20
4437.01 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-11-20
3890.75 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2020-12-20
4918.69 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2021-01-20
4087.18 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2021-02-20
4027.15 GOVT NATL MTG ASSN 3.000% 7/20/40   2014-09-24 2021-03-20
90000. HD SUPPLY HOLDINGS INC   2020-07-20 2020-12-24
144927.536 LAZARD EMERGING MKTS PTFL #638   2009-12-23 2020-05-20
28000. M & T BANK CORPORATION COM   2018-10-31 2020-07-31
280000. MASTERCARD INC 3.375% 4/01/24   2014-08-13 2020-08-21
65000. SAFRAN SA-UNSPON ADR   2020-02-24 2021-02-16
100000. SYNCHRONY FINANCIAL   2018-10-25 2020-04-16
25000. US TREASURY NOTE 2.750% 2/15/28   2018-02-22 2020-04-09
325000. US TREASURY NOTE 2.750% 2/15/28   2019-06-10 2020-04-09
450000. US TREASURY NOTE 2.875% 5/15/28   2018-12-28 2020-04-24
400000. US TREASURY NOTE 2.250% 11/15/24   2015-06-02 2020-04-09
150000. US TREASURY NOTE 2.250% 11/15/24   2019-04-18 2020-04-09
100000. US TREASURY NOTE 2.250% 11/15/24   2019-04-18 2020-09-09
675000. US TREASURY NOTE 2.000% 2/15/25   2019-03-28 2020-04-09
300000. US TREASURY NOTE 2.625% 8/15/20   2019-02-27 2020-04-09
100000. US TREASURY NOTE 2.625% 8/15/20   2019-02-27 2020-08-15
420000. US TREASURY NOTE 3.625% 2/15/21   2015-04-14 2021-02-15
275000. US TREASURY NOTE 3.625% 2/15/21   2020-03-06 2021-02-15
200000. US TREASURY NOTE 2.125% 8/15/21   2017-01-31 2020-05-18
25000. US TREASURY NOTE 2.125% 8/15/21   2019-09-19 2020-05-18
80000. US TREASURY NOTE 2.125% 8/15/21   2019-09-19 2020-10-02
400000. US TREASURY NOTE 2.000% 2/15/22   2017-03-15 2020-04-09
300000. US TREASURY NOTE 2.000% 2/15/22   2012-03-29 2020-09-09
405000. US TREASURY NOTE 1.625% 11/15/22   2020-04-07 2020-08-21
95000. US TREASURY NOTE 1.625% 11/15/22   2012-12-04 2020-08-21
550000. US TREASURY NOTE 1.625% 11/15/22   2019-09-19 2020-12-22
300000. US TREASURY NOTE 2.000% 11/15/26   2019-09-19 2020-04-09
500000. US TREASURY NOTE 2.250% 2/15/27   2017-08-23 2020-10-09
535000. US TREASURY NOTE 2.500% 8/15/23   2017-01-18 2020-09-09
200000. UNITEDHEALTH GROUP 3.875% 10/15/20   2014-04-25 2020-10-15
175000. WALGREEN CO 3.100% 9/15/22   2013-03-04 2020-04-07
115000. AXALTA COATING SYSTEMS LTD   2018-10-25 2021-02-16
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 279,715   259,878 19,837
b 3,567   3,494 73
c 30,261   29,641 620
d 28,388   27,807 581
e 28,200   27,623 577
27,151   26,595 556
23,952   23,462 490
93,481   91,567 1,914
2,731,281   488,057 2,243,224
942,322   98,434 843,888
1   1  
1   1  
8   8  
       
2   2  
       
       
       
       
       
       
       
3,202,514   2,877,740 324,774
314,065   305,000 9,065
4,000,000   3,865,347 134,653
1,957   2,058 -101
2,096   2,204 -108
1,305   1,373 -68
1,226   1,289 -63
1,050   1,104 -54
992   1,043 -51
1,478   1,554 -76
647   699 -52
15,130   16,354 -1,224
475   513 -38
477   516 -39
479   518 -39
481   520 -39
483   522 -39
2,081   2,188 -107
1,741   1,830 -89
1,943   2,043 -100
2,643   2,780 -137
1,892   1,990 -98
4,573   4,837 -264
4,193   4,435 -242
4,410   4,665 -255
4,397   4,651 -254
223   235 -12
485   525 -40
488   527 -39
490   529 -39
19,049   20,588 -1,539
233   252 -19
14,085   15,846 -1,761
16,712   18,801 -2,089
14,375   16,172 -1,797
38,261   43,043 -4,782
11,683   13,144 -1,461
22,087   24,848 -2,761
316   334 -18
314   332 -18
314   332 -18
343   363 -20
8,843   9,357 -514
8,222   8,700 -478
301   318 -17
75,000   74,894 106
215,187   199,109 16,078
6,911   7,026 -115
217,461   221,063 -3,602
29,594   30,085 -491
22,267   22,536 -269
10,077   10,199 -122
12,325   12,475 -150
3,619   3,663 -44
17,085   17,292 -207
15,353   15,538 -185
11,558   11,698 -140
8,283   8,383 -100
8,112   8,210 -98
8,181   8,280 -99
17,022   17,228 -206
884   895 -11
8,175   8,629 -454
6,364   6,717 -353
7,172   7,570 -398
1,928   2,192 -264
2,743   3,119 -376
2,821   3,210 -389
3,356   3,819 -463
3,027   3,445 -418
3,061   3,483 -422
4,998   5,688 -690
376   403 -27
2,332   2,497 -165
3,054   3,269 -215
2,065   2,210 -145
1,594   1,706 -112
2,029   2,172 -143
4,353   4,660 -307
2,846   3,046 -200
566   606 -40
3,716   3,978 -262
2,290   2,451 -161
1,335   1,429 -94
25   28 -3
18   19 -1
16   17 -1
11   12 -1
8   9 -1
8   8  
7   8 -1
2   2  
1   1  
3,998   4,142 -144
67   68 -1
68   69 -1
68   69 -1
69   70 -1
69   70 -1
70   71 -1
70   71 -1
71   72 -1
72   72  
72   73 -1
73   74 -1
73   74 -1
68   73 -5
69   73 -4
77   82 -5
1,437   1,533 -96
3,075   3,280 -205
358   382 -24
505   539 -34
60   64 -4
59   63 -4
1,730   1,846 -116
464   495 -31
610   651 -41
342   363 -21
328   348 -20
876   929 -53
649   689 -40
572   607 -35
1,504   1,596 -92
432   459 -27
341   362 -21
728   773 -45
322   341 -19
319   338 -19
323   342 -19
3,189   3,241 -52
3,270   3,323 -53
3,491   3,547 -56
7,717   7,841 -124
5,794   5,887 -93
4,923   5,002 -79
4,874   4,953 -79
4,437   4,508 -71
3,891   3,953 -62
4,919   4,998 -79
4,087   4,153 -66
4,027   4,092 -65
5,040,000   3,203,478 1,836,522
2,000,000   2,647,474 -647,474
2,911,398   4,730,465 -1,819,067
309,786   284,780 25,006
2,139,220   2,434,219 -294,999
1,425,028   3,294,850 -1,869,822
28,959   24,635 4,324
376,467   341,847 34,620
532,301   454,313 77,988
432,547   401,461 31,086
162,205   148,746 13,459
108,383   99,164 9,219
724,043   667,241 56,802
302,602   300,375 2,227
100,000   100,125 -125
420,000   455,703 -35,703
275,000   283,357 -8,357
204,859   202,375 2,484
25,607   25,155 452
81,381   80,497 884
412,625   398,719 13,906
307,957   295,664 12,293
418,321   414,783 3,538
98,125   95,089 3,036
565,662   547,945 17,717
326,648   305,227 21,421
555,605   502,191 53,414
571,447   555,770 15,677
200,000   213,460 -13,460
176,496   175,847 649
3,117,558   3,181,671 -64,113
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
      461
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       19,837
b       73
c       620
d       581
e       577
      556
      490
      1,914
      2,243,224
      843,888
       
       
       
       
       
       
       
       
       
       
       
       
      324,774
      9,065
      134,653
      -101
      -108
      -68
      -63
      -54
      -51
      -76
      -52
      -1,224
      -38
      -39
      -39
      -39
      -39
      -107
      -89
      -100
      -137
      -98
      -264
      -242
      -255
      -254
      -12
      -40
      -39
      -39
      -1,539
      -19
      -1,761
      -2,089
      -1,797
      -4,782
      -1,461
      -2,761
      -18
      -18
      -18
      -20
      -514
      -478
      -17
      106
      16,078
      -115
      -3,602
      -491
      -269
      -122
      -150
      -44
      -207
      -185
      -140
      -100
      -98
      -99
      -206
      -11
      -454
      -353
      -398
      -264
      -376
      -389
      -463
      -418
      -422
      -690
      -27
      -165
      -215
      -145
      -112
      -143
      -307
      -200
      -40
      -262
      -161
      -94
      -3
      -1
      -1
      -1
      -1
       
      -1
       
       
      -144
      -1
      -1
      -1
      -1
      -1
      -1
      -1
      -1
       
      -1
      -1
      -1
      -5
      -4
      -5
      -96
      -205
      -24
      -34
      -4
      -4
      -116
      -31
      -41
      -21
      -20
      -53
      -40
      -35
      -92
      -27
      -21
      -45
      -19
      -19
      -19
      -52
      -53
      -56
      -124
      -93
      -79
      -79
      -71
      -62
      -79
      -66
      -65
      1,836,522
      -647,474
      -1,819,067
      25,006
      -294,999
      -1,869,822
      4,324
      34,620
      77,988
      31,086
      13,459
      9,219
      56,802
      2,227
      -125
      -35,703
      -8,357
      2,484
      452
      884
      13,906
      12,293
      3,538
      3,036
      17,717
      21,421
      53,414
      15,677
      -13,460
      649
      -64,113
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 1,042,670
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 55,603
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 55,603
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 55,603
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 45,321
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 45,321
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10,282
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)
    bulletNC
    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 ofbulletJOSEPH HUNTER Telephone no.bullet (704) 262-2347

    Located atbullet868 NORTH CHURCH STREETCONCORDNC ZIP+4bullet280254350
    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
    WELLS FARGO BANK NAClick to see attachment CORP TRUSTEE
    1     		1,173,586    
    1525 W WT HARIIS BLVD D114 044
    CHARLOTTE,NC28262
    JOSEPH HUNTERClick to see attachment CO-TRUSTEE
    3     		183,941    
    1525 W WT HARIIS BLVD D114 044
    CHARLOTTE,NC28262
    EDWIN OUTENClick to see attachment CO-TRUSTEE
    3     		183,941    
    1525 W WT HARIIS BLVD D114 044
    CHARLOTTE,NC28262
    WILLIAM C CANNON JRClick to see attachment CO-TRUSTEE
    3     		183,941    
    1525 W WT HARIIS BLVD D114 044
    CHARLOTTE,NC28262
    WELLS FARGO BANK NAClick to see attachment CO-TRUSTEE
    1     		250,160    
    1525 W WT HARRIS BLD
    CHARLOTTE,NC28262
    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
    294,520,296
    b
    Average of monthly cash balances.......................
    1b
    8,312,568
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    302,832,864
    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
    302,832,864
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,542,493
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    298,290,371
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    14,914,519
    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
    14,914,519
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    55,603
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    55,603
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,858,916
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,858,916
    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
    14,858,916
    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
    14,103,689
    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
    14,103,689
    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
    14,103,689
    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 14,858,916
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 12,854,388
    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$ 14,103,689
    a Applied to 2019, but not more than line 2a 12,854,388
    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..... 1,249,301
    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 ..........     		13,609,615
    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).)
    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
    MARABLE MEMORIAL AME ZION
    400 HURON ST
    KANNAPOLIS,NC28083     		NONE PC HVAC AND PARKING LOT 50,000
    KIMBALL MEMORIAL EVANGELICAL
    LUTHERAN CHURCH
    101 VANCE ST
    KANNAPLOIS,NC28081     		NONE PC DEBT REDUCTION 40,000
    BREVARD COLLEGE CORP
    1 BREVARD COLLEGE DR
    BREVARD,NC28023     		NONE PC RENOVATION TO BARN/UPGRADES 400,000
    NORTH ALBERMARLE BAPTIST CHURCH
    401 PARK ROAD
    ALBERMARLE,NC28001     		NONE PC COLUMNS REPAIRS/HVAC 55,000
    NORTH CAROLINA DEPARTMENT OF NATURAL AND
    CULTURAL RESOURCES
    109 EAST JONES ST
    RALEIGH,NC27601     		NONE GOV FORT FISHER EARTHWORK 200,000
    PALESTINE UNITED METHODIST CHURCH
    36404 PALESTINE RD
    ALBEMARLE,NC28001     		NONE PC WATERPROOFING/SEALING & 65,000
    ST JAMES CATHOLIC CHURCH
    139 MANOR AVE SW
    CONCORD,NC28025     		NONE PC FAITH COMMUNITY NURSE 187,700
    YORK TECHNICAL COLLEGE FOUNDATION
    452 S ANDERSON RD
    ROCK HILL,SC29730     		NONE PC MAINTENANCE PROJECTS 100,000
    CROSSROADS UNITED METHODIST CHURCH
    220 GEORGE W LILES PARKWAY NW
    CONCORD,NC28027     		NONE PC KITCHEN UPGRADE AND REMODEL 20,000
    FOUNDATION OF THE CALDWELL COMMUNITY
    COLLEGE AND TECHNICAL
    2855 HICKORY BLVD
    HUDSON,NC28638     		NONE PC ELECTRICAL LINEWORKER 150,000
    THE GATHERING
    175 N 1ST ST
    ALBEMARLE,NC28001     		NONE PC SURVEILLANCE CAMERA SYSTEM 15,000
    HOPEWELL UNITED METHODIST CHURCH
    PO BOX 804
    YORK,SC29730     		NONE PC UPGRADE AND REMODEL 6,000
    ROCK GROVE AME ZION CHURCH
    1460 MARGARET STREET
    ROCK HILL,SC29730     		NONE PC DEBT REDUCTION 30,000
    MAYLAND COMMUNITY COLLEGE FDN
    PO BOX 547
    SPRUCE PINE,NC28777     		NONE PC COSMETOLOGY CENTER EXPENSES 200,000
    ST LUKES EPISCOPAL CHURCH
    131 WEST COUNCIL STREET
    SALISBURY,NC28144     		NONE PC HVAC LOAN REPAYMENT 25,000
    NEW MOUNT TABOR UNITED METHODIST
    CHURCH
    40237 MILLINGPORT ROD
    RICHFIELD,NC28137     		NONE PC FACILITY ADDITIONS 25,000
    RICHFIELD UMC
    PO BOX 236
    RICHFIELD,NC28137     		NONE PC RENOVATIONS AND HANDICAP 15,000
    COTTONVILLE AME ZION CHURCH
    4814 PLANK ROAD
    NORWOOD,NC28128     		NONE PC CHURCH WINDOWS PROJECT 13,500
    FOUNDATION AME ZION CHURCH
    PO BOX 10927
    ROCK HILL,SC29731     		NONE PC FELLOWSHIP HALL RENOVATIONS 10,000
    SOUTHERN CITY TABERNACLE AME
    ZION CHURCH
    PO BOX 547
    EAST SPENCER,NC28039     		NONE PC ROOF AND GUTTER REPLACEMENT 16,000
    APPALACHIAN REGIONAL
    HEALTHCARE SYSTEM INC
    PO BOX 2600
    BOONE,NC28607     		NONE PC WATAUGA MEDICAL CENTER 250,000
    CMC NORTHEAST MEDICAL CENTER
    920 CHURCH STREET NORTH
    CONCORD,NC28025     		NONE PC GENERAL SUPPORT 5,142,388
    ALLISON CREEK PRESBYTERIAN CHURCH
    5780 ALLISON CREEK RD
    YORK,SC29745     		NONE PC FACILITY IMPROVEMENTS 25,000
    NORWOOD CHURCH OF GOD
    PO BOX 1067
    NORWOOD,NC28128     		NONE PC TECHNOLOGY UPGRADES 4,300
    NEW HOME AME ZION CHURCH
    PO BOX 1006
    YORK,SC29745     		NONE PC PARKING LOT REPAVEMENT 40,000
    BETHEL UNITED METHODIST CHURC
    1232 CURTIS STREET
    ROCK HILLS,SC29730     		NONE PC GYMPROJECT/MEN'S SHELTER 40,000
    CEDAR GROVE AME ZION CHURCH
    PO BOX 180
    CLEVELAND,NC27013     		NONE PC RENOVATION AND REPAIRS 20,000
    PROVIDENCE AME ZION CHURCH
    PO BOX 4032
    SALISBURY,NC28145     		NONE PC WINDOWS AND FACADE 57,000
    RIVER OF LIFE FAMILY WORSHIP
    3080 CHARLOTTE HIGHWAY
    KANNAPOLIS,NC28083     		NONE PC SITE WORK FOR BUILDING 75,000
    REVOLUTION CHURCH OF NC INC
    310 BROOKDALE ST
    KANNAPOLIS,NC28083     		NONE PC DEBT REDUCTION 10,000
    ST JOSEPH CATHOLIC CHURCH
    108 ST JOSEPH STREET
    KANNAPOLIS,NC28083     		NONE PC HVAC AND SANCTUARY REPAIRS 10,200
    LEES MCRAE COLLEGE
    375 COLLEGE DR
    BANNER ELK,NC28604     		NONE PC SECOND LEVEL INFRASTRUCTURE 350,000
    PFEIFFER UNIVERSITY
    P O BOX 960
    MISENHEIMER,NC28109     		NONE PC MAERKETING AND WEBSITE 350,000
    CATAWBA COLLEGE
    2300 WEST INNES STREET
    SALISBURY,NC28144     		NONE PC SCIENCE BUILDING RENOVATION 250,000
    LAKEVIEW BAPTIST CHURCH OF
    KANNAPOLIS
    2532 LANES ST
    KANNAPOLIS,NC28083     		NONE PC HVAC REPLACEMENT 25,000
    LENOIR RHYNE UNIVERSITY
    CAMPUS BOX 7163
    HICKORY,NC28603     		NONE PC LTSS CAMPUS IMPROVEMENTS 350,000
    BOYS AND GIRLS CLUB
    POST OFFICE BOX 1405
    CONCORD,NC28026     		NONE PC GENERAL SUPPORT 315,000
    SAINT JAMES EVANGELICAL LUTHERAN
    CHURCH
    PO BOX 684
    CONCORD,NC28026     		NONE PC VIDEO MINISTRY 2,000
    CHURCH OF GOD CHILDRENS HOME
    3485 ORPHANGE CIRCLE
    CONCORD,NC28027     		NONE PC FOSTER CARE 120,000
    LIVINGSTONE COLLEGE
    701 WEST MONROE STREET
    SALISBURY,NC28144     		NONE PC INFRASTRUCTURE IMPROVEMENT 350,000
    FIRST BAPTIST CHURCH KANNAPOLIS
    101 NORTH MAIN STREET
    KANNAPOLIS,NC28081     		NONE PC COALITION TO ACHIEVE RACIAL 30,000
    SOUTHEASTERN BAPTIST
    THEOLOGICAL SEMINARY
    PO BOX 1889
    WAKE FOREST,NC275881889     		NONE PC GENERAL SUPPORT 25,000
    PROSPECT PRESBYTERIAN
    CHURCH
    9425 WNC 152 HIGHWAY
    MOORESVILLE,NC28115     		NONE PC FAITH COMMUNITY NURSE 93,100
    ALL SAINTS EPISCOPAL CHURCH
    525 LAKE CONCORD ROAD NORTHEAST
    CONCORD,NC28025     		NONE PC EARLY CHILDHOOD DEVELOPMENT 130,000
    MULTIPLY CHURCH GLOBAL
    150 WARREN C COLEMAN BLVD
    CONCORD,NC28027     		NONE PC CABARRUS DREAM CENTER 75,000
    SHADYBROOK BAPTIST CHURCH
    1009 OAKWOOD AVE
    KANNAPOLIS,NC28081     		NONE PC SAFETY ACCESS IMPROVEMENTS 20,000
    PARKWOOD BAPTIST CHURCH
    1069 CENTRAL DRIVE NORTH WEST
    CONCORD,NC28027     		NONE PC HANDICAP RAMP AND RECEPTION 65,000
    PRICE MEMORIAL AME ZION
    CHURCH
    PO BOX 692
    CONCORD,NC28026     		NONE PC ELECTRICAL AND SECURITY 40,000
    JACKSON PARK UNITED METHODIST
    CHURCH
    715 MABLE AVENUE
    KANNAPOLIS,NC28083     		NONE PC SECURITY SYSTEM 16,000
    FIRST UNITED METHODIST
    CHURCH CHINA GROVE
    110 WEST CHURCH STREET
    CHINA GROVE,NC28023     		NONE PC PARKING LOT REPAVEMENT 40,000
    LIVING WATER CHURCH OF GOD
    120 S LITTLE TEXAS ROAD
    KANNAPOLIS,NC28083     		NONE PC FAITH COMMUNITY NURSE 38,800
    GILMORE CHAPEL AME ZION
    762 CENTRAL DRIVE NORTHWEST
    CONCORD,NC28027     		NONE PC NEW CARPET FOR PEW AREA 25,000
    SECOND PRESBYTERIAN CHURCH
    1578 DALE EARNHARDT BLVD
    KANNAPOLIS,NC28073     		NONE PC RENOVATIONS AND HVAC 25,000
    COLD SPRINGS UNITED METHODIST
    CHURCH
    2550 COLD SPRINGS ROAD
    CONCORD,NC28025     		NONE PC MINI BUS 30,000
    ROWAN REGIONAL MEDICAL CENTER
    130 MOCKSVILLE AVE
    SALISBURY,NC28144     		NONE PC NOVANT HEALTH WALLACE 200,000
    ZION HILL AME ZION CHURCH
    PO BOX 1076
    CONCORD,NC28026     		NONE PC GUTTERING AND HVAC 57,000
    FIRST MISSIONARY BAPTIST
    PO BOX 1322
    CONCORD,NC28026     		NONE PC FAITH COMMUNITY NURSE 294,700
    CHINA GROVE SOUTHSIDE CHURCH
    OF GOD
    163 THIRD AVE
    CHINA GROVE,NC28023     		NONE PC FAITH COMMUNITY NURSE 88,700
    REMEDY CHURCH OF GOD
    701 UNION CEMETERY ROAD
    CONCORD,NC28027     		NONE PC RENOVATIONS 48,000
    NEW LIFE FELLOWSHIP CHURCH
    4065 POPLAR TENT RD
    CONCRD,NC28027     		NONE PC KITCHEN RENOVATION/PARKING 18,000
    ROWAN CABARRUS COMMUNITY
    COLLEGE
    1333 JAKE ALEXANDER BLVD
    SALISBURY,NC28146     		NONE PC ADVANCED TECHNOLOGY CENTER 350,000
    EBENEZER BAPTIST CHURCH OF ROCK HILL
    2020 W SUGAR CREEK RD
    CHARLOTTE,NC28262     		NONE PC FACILITY IMPROVEMENT 23,000
    NORTHWEST BAPTIST CHURCH
    3500 TRINITY CHURCH DRIVE
    CONCORD,NC28025     		NONE PC TECHNOLOGY UPGRADES 20,000
    WOODLEAF UNITED METHODIST CHURCH
    POST OFFICE BOX 299
    WOODLEAF,NC27054     		NONE PC FAITH CUMMUNITY NURSE 52,800
    CABARRUS COUNTY LIBRARY
    SYSTEM
    27 UNION STREET NORTH
    CONCORD,NC28025     		NONE PC GENERAL SUPPORT 33,000
    HARRISBURG UMC
    PO BOX 970
    HARRISBURG,NC28075     		NONE PC PROPERTY EXPANSION 50,000
    WINGATE UNIVERSITY
    PO BOX 159
    WINGATE,NC28174     		NONE PC SCIENCE 475,000
    MT ZION UNITED CHURCH OF CHRIST
    PO BOX 1298
    CHINA GROVE,NC28023     		NONE PC GENERAL SUPPORT 50,000
    PROVIDENCE PRESBYTERIAN
    CHURCH
    515 OAKLAND AVENUE
    ROCK HILL,SC29730     		NONE PC IMPROVEMENT PROJECTS 50,000
    PROVIDENCE BAPTIST CHURCH
    1947 OLD FRIENDSHIP RD
    ROCK HILL,SC29730     		NONE PC FOSTER CARE PROGRAM 5,000
    REDEEMING GRACE PCA
    4800 CHARLOTTE HIGHWAY
    LAKE WYLIE,SC29710     		NONE PC SANCTUARY AND NARTHEX 50,000
    TRI COUNTY TECHNICAL COLLEGE FDN
    PO BOX 587
    PENDLETON,SC29670     		NONE PC OCONEE HALL RENOVATION 150,000
    HOLLY SPRINGS BAPTIST CHURCH
    3450 TABLE ROCK RD
    PICKENS,SC29671     		NONE PC PAVING PROJECT 25,000
    NEW BEGINNINGS BAPTIST
    CHURCH
    706 OLD NORTH MAIN STREET
    CLOVER,SC29710     		NONE PC WALK-IN 20,000
    ST JAMES UMC
    1930 QUARY BLVD
    YORK,SC29745     		NONE PC WINDOW REPLACEMENT 16,568
    TRINITY CHURCH OF THE NAZARENE
    PO BOX 10803
    ROCK HILL,SC29708     		NONE PC DEBT REDUCTION 40,000
    NORTH MAIN BAPTIST
    1501 NORTH MAIN ST
    SALISBURY,NC28144     		NONE PC HVAC REPLACEMENT 25,000
    STANLY COMMUNITY COLLEGE FDN
    141 COLLEGE DRIVE
    ALBEMARLE,NC28001     		NONE PC GENERAL SUPPORT 280,000
    ALAMANCE COMMUNITY COLLEGE FDN INC
    POST OFFICE BOX 8000
    GRAHAM,NC27253     		NONE PC HVAC REPLACEMENT 250,000
    FOREST HILL UM CHURCH
    265 UNION STREET NORTH
    CONCORD,NC28025     		NONE PC MOLD REMOVAL AND FELLOWSHIP 113,000
    RODGERS PARK BAPTIST CHURCH
    309 E 24TH ST
    KANNAPOLIS ST,NC28083     		NONE PC RENOVATIONS/SECURITY DOORS 25,000
    GLORIETA BAPTIST CHURCH
    4912 HIGHWAY 73 E
    CONCORD,NC28025     		NONE PC HVAC UPDATE/DEBT REDUCTION 25,000
    Total .................................bullet 3a 12,896,756
    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 4,009,929  
    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 1,042,670  
    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)..   5,052,599  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,052,599
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,800     2,800

    TY 2020 CompensationExplanation
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Person Name Explanation
    WELLS FARGO BANK NA TRUST ADMIN FEES SEE ATTACHED FOOTNOTE
    JOSEPH HUNTER TRUST ADMIN FEES
    EDWIN OUTEN TRUST ADMIN FEES
    WELLS FARGO BANK NA GRANT ADMIN FEES SEE ATTACHED FOOTNOTE

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Name of Bond End of Year Book Value End of Year Fair Market Value
    06051GEU9 BANK OF AMERICA CORP 296,006 304,654
    38141GGQ1 GOLDMAN SACHS GROUP 277,363 253,855
    637432MQ5 NATIONAL RURAL UTIL 110,967 111,843
    931422AH2 WALGREEN CO    
    001055AM4 AFLAC INC 259,717 286,192
    26441CAF2 DUKE ENERGY CORP 265,068 251,640
    534187BE8 LINCOLN NATIONAL COR 189,696 205,572
    57636QAB0 MASTERCARD INC    
    57772KAB7 MAXIM INTEGRATED PRO 217,395 235,589
    91324PBM3 UNITEDHEALTH GROUP    
    032654AJ4 ANALOG DEVICES INC 264,391 293,453
    037833AK6 APPLE INC 254,077 271,612
    12572QAG0 CME GROUP INC 408,912 427,528
    46625HJY7 JPMORGAN CHASE & CO 109,881 120,571
    478160BT0 JOHNSON & JOHNSON 89,761 92,561
    665859AM6 NORTHERN TRUST CORP 124,988 121,434
    92826CAD4 VISA INC 224,177 245,286
    00185AAK0 AON PLC 265,958 276,143
    017175AC4 ALLEGHANY CORP 267,398 257,926
    89114QBG2 TORONTO-DOMINION BAN 202,148 200,022
    91159HHN3 US BANCORP 258,097 271,105
    026874CU9 AMERICAN INTL GROUP 273,858 262,528
    26138EAW9 DR PEPPER SNAPPLE GR 40,499 42,440
    501044CZ2 KROGER CO/THE 101,877 101,319
    56501RAC0 MANULIFE FINANCIAL 229,943 253,433
    740189AM7 PRECISION CASTPARTS 247,507 259,404
    038222AL9 APPLIED MATERIALS IN 149,046 163,137
    10373QAJ9 BP CAP MARKETS AMERI 198,662 206,394
    13607RAD2 CANADIAN IMPERIAL BA 239,366 257,582
    14040HBZ7 CAPITAL ONE FINANCIA 249,250 276,880
    172967KY6 CITIGROUP INC 223,874 257,777
    200340AS6 COMERICA INC 252,835 267,303
    49326EEH2 KEYCORP 240,749 268,769
    594918BY9 MICROSOFT CORP 455,268 484,625
    664397AK2 NORTHEAST UTILITIES 169,066 182,137
    69353RFJ2 PNC BANK NA 228,761 258,883
    743315AN3 PROGRESSIVE CORP 278,223 278,696
    00206RCN0 AT&T INC    
    036752AL7 ANTHEM INC 304,980 311,112
    04010LAR4 ARES CAPITAL CORP 294,918 296,000
    126650CL2 CVS HEALTH CORP 126,803 132,596
    172967MF5 VR CITIGROUP INC    
    20030NCS8 COMCAST CORP 461,180 474,075
    25466AAR2 DISCOVER BANK 199,808 201,220
    26078JAC4 DOWDUPONT INC 106,944 112,971
    26078JAD2 DOWDUPONT INC 133,780 139,529
    40414LAQ2 HCP INC 69,969 75,588
    446150AS3 HUNTINGTON BANCSHARE 299,658 300,552
    46625HJH4 JPMORGAN CHASE & CO 149,132 157,556
    548661DR5 LOWE'S COS INC 295,298 300,831
    743820AA0 PROV ST JOSEPH HLTH 289,239 300,027
    855244AQ2 STARBUCKS CORP 135,130 137,730
    902494BJ1 TYSON FOODS INC 103,150 110,909
    911312AQ9 UNITED PARCEL SERVIC 126,998 128,878
    931142EE9 WALMART INC 468,699 477,169
    00206RJX1 AT&T INC 264,883 255,365
    00287YAQ2 ABBVIE INC 278,675 272,363
    375558BM4 GILEAD SCIENCES INC 297,272 281,605
    459200JY8 IBM CORP 377,937 375,256
    57636QAP9 MASTERCARD INC 318,516 295,377
    68389XBV6 ORACLE CORP 308,041 283,371
    89788JAA7 TRUIST BANK 306,246 304,683
    91324PDK5 UNITEDHEALTH GROUP 266,479 252,446

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Name of Stock End of Year Book Value End of Year Fair Market Value
    025816109 AMERICAN EXPRESS CO 1,313,700 6,364,800
    03027X100 AMERICAN TOWER CORP 1,295,084 9,562,400
    037833100 APPLE INC 2,523,437 22,597,750
    084670108 BERKSHIRE HATHAWAY I 5,017,547 19,285,100
    126650100 CVS HEALTH CORPORATI 2,432,476 5,416,560
    20030N101 COMCAST CORP CLASS A 1,656,561 11,904,200
    25243Q205 DIAGEO PLC - ADR 2,361,910 6,075,770
    256206103 DODGE & COX INT'L ST 7,928,782 12,340,092
    30231G102 EXXON MOBIL CORPORAT 1,800,833 2,488,343
    31428X106 FEDEX CORPORATION 2,086,945 8,805,240
    46625H100 JPMORGAN CHASE & CO 1,880,048 12,939,550
    478160104 JOHNSON & JOHNSON 2,781,599 7,395,750
    52106N889 LAZARD EMERGING MKTS 5,952,526 6,443,354
    594918104 MICROSOFT CORP 2,210,437 21,219,300
    641069406 NESTLE S.A. REGISTER 1,690,977 4,571,910
    883556102 THERMO FISHER SCIENT 2,227,956 18,255,200
    893641100 TRANSDIGM GROUP INC 1,712,997 5,879,200
    907818108 UNION PACIFIC CORP 1,191,374 8,155,170
    92826C839 VISA INC-CLASS A SHR 1,287,947 15,879,750
    949746101 WELLS FARGO & CO 3,255,483 5,200,608
    02079K107 ALPHABET INC CL C 3,894,148 18,617,670
    50540R409 LABORATORY CRP OF AM 3,291,239 8,415,990
    595112103 MICRON TECHNOLOGY IN 1,353,504 7,056,800
    172967424 CITIGROUP INC.    
    98850P109 YUM CHINA HOLDINGS I 389,822 1,776,300
    G0750C108 AXALTA COATING SYSTE    
    339041105 FLEETCOR TECHNOLOGIE 3,197,761 5,909,860
    38141G104 GOLDMAN SACHS GROUP 4,838,081 6,540,000
    87165B103 SYNCHRONY FINANCIAL    
    156782104 CERNER CORP COM 2,475,891 3,234,600
    254687106 WALT DISNEY CO 4,430,748 12,896,472
    35137L204 FOX CORP 4,578,536 4,366,250
    55261F104 M & T BANK CORPORATI    
    723787107 PIONEER NAT RES CO C 3,898,019 4,764,600
    09857L108 BOOKING HOLDINGS INC 3,922,057 4,659,680
    502431109 L3HARRIS TECHNOLOGIE 4,392,764 5,472,360
    786584102 SAFRAN SA-UNSPON ADR    
    91324P102 UNITEDHEALTH GROUP I 3,642,616 4,836,910
    337738108 FISERV INC 4,398,388 4,761,600
    808513105 SCHWAB CHARLES CORP 4,509,804 4,823,320

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    US Government Securities - End of Year Book Value:

    10,897,600
    US Government Securities - End of Year Fair Market Value:

    11,144,224
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    073914C27 BEAR STEARNS MTG AT COST 301 12
    CEM994007 CARLYLE ENRGY MEZZ A AT COST 1,155,242 1,155,242
    36192BAY3 GS MORTGAGE SECURITI AT COST 196,111 190,951
    36198EAD7 VR GS MORTGAGE SECUR AT COST 264,521 262,865
    38373SW78 GOVT NATL MTG ASSN AT COST 30,877 30,118
    38378CFN2 GOVT NATL MTG ASSN AT COST 51,508 51,598
    46641WAT4 JPMBB COMMERCIAL MO AT COST 3,032 2,894
    3136ABMB6 FED NATL MTG ASSN      
    12531YAN8 CFCRE COMMERCIAL MOR AT COST 278,078 291,975
    02007EAF5 ALLY AUTO RECEIVABLE      
    3136B4WS3 FED NATL MTG ASSN AT COST 146,281 150,715
    3137F1AK4 FED HOME LN MTG CORP AT COST 297,546 295,621

    TY 2020 LegalFeesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WOMBLE BOND DICKINSON LEGAL SV 7,706     7,706


    TY 2020 OtherDecreasesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Description Amount
    MUTUAL FUND POSTING NEXT YR EFF CURR YR 59
    ACCRUED INTEREST EFFECTIVE NEXT YEAR 5,351
    CARLYLE ENERGY COST BASIS ADJ 1,395,402


    TY 2020 OtherExpensesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NCCF NETWORK OF GRANTMAKERS ME 5,250 0   5,250
    CANNON FDN SHARED SERVICES 150,980 0   150,980
    ADR FEES 1,868 1,868   0


    TY 2020 OtherIncomeSchedule2
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CARLYLE ENERGY 45-4027954   -56,757  


    TY 2020 OtherIncreasesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Description Amount
    MUTUAL FUNDS POSTING CURR YR EFF PREV YR 674
    ACCRUED INTEREST POSTED PRIOR YR 526
    ROUNDING 1


    TY 2020 TaxesSchedule
    Name:
    C A CANNON CHAR TRUST #1 (#190)
    EIN:
    56-6132354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 17,035 17,035   0
    FEDERAL ESTIMATES - PRINCIPAL 8,488 0   0
    FOREIGN TAXES ON QUALIFIED FOR 41,362 41,362   0