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 01-01-2020 , and ending 12-31-2020
Name of foundation
BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
 
% Philip Blumenthal
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 34689
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC282344689
A Employer identification number

56-0793667
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$22,030,844J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 11,130 11,130 0
4 Dividends and interest from securities... 399,260 399,260 0
5a Gross rents............ 12,000 0 0
b Net rental income or (loss) -7,923
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,619,291
b Gross sales price for all assets on line 6a 2,194,395
7 Capital gain net income (from Part IV, line 2)... 1,619,291
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... Click to see attachment 5,850 5,850 0
12 Total. Add lines 1 through 11........ 2,047,531 2,035,531 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 85,000 25,500 0 59,500
14 Other employee salaries and wages...... 98,466 29,540 0 68,926
15 Pension plans, employee benefits....... 28,504 8,551 0 19,953
16a Legal fees (attach schedule)......... Click to see attachment 8,691 0 0 8,691
b Accounting fees (attach schedule)....... Click to see attachment 6,000 0 0 6,000
c Other professional fees (attach schedule).... Click to see attachment 85,739 0 0 85,739
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,923 5,977 0 13,946
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments 339,807 101,942 0 237,865
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 672,130 171,510 0 500,620
25 Contributions, gifts, grants paid....... 938,000 938,000
26 Total expenses and disbursements. Add lines 24 and 25 1,610,130 171,510 0 1,438,620
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 437,401
b Net investment income (if negative, enter -0-) 1,864,021
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............. 487,595 124,997 124,997
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 45,476 32,482 32,482
10a Investments—U.S. and state government obligations (attach schedule) 19,439,388 Click to see attachment21,873,365 21,873,365
b Investments—corporate stock (attach schedule).......   0  
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,972,459 22,030,844 22,030,844
Liabilities 17 Accounts payable and accrued expenses.......... 80,893 65,132
18 Grants payable................. 472,930 270,430
19 Deferred revenue................. 7,232 2,782
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 561,055 338,344
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund 10,953,155 10,953,155
28 Retained earnings, accumulated income, endowment, or other funds 8,458,249 10,739,345
29 Total net assets or fund balances (see instructions)..... 19,411,404 21,692,500
30 Total liabilities and net assets/fund balances (see instructions). 19,972,459 22,030,844
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
19,411,404
2
Enter amount from Part I, line 27a .....................
2
437,401
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,843,695
4
Add lines 1, 2, and 3 ..........................
4
21,692,500
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,692,500
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 BNY Mellon P 2018-01-01 2020-03-31
b West End Advisors P 2002-01-01 2020-04-30
c West End Advisors P 2002-01-31 2020-07-31
d Bart Hopper P 1973-07-15 2020-06-01
e West End Advisors P 2015-07-31 2020-09-30
West End Advisors P 2015-07-31 2020-11-30
(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 3,010   1,506 1,504
b 181,699   363,398 -181,699
c 218,210   109,105 109,105
d 1,589,285   0 1,589,285
e 66,444   33,222 33,222
135,748   67,874 67,874
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,504
b       -181,699
c       109,105
d       1,589,285
e       33,222
      67,874
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 1,619,291
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 25,910
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 25,910
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 25,910
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 32,482
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7 32,482
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,572
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 6,572
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)
    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 addressbulletBlumenthalFoundation.org
    14
    The books are in care ofbulletPeggy Gartner Telephone no.bullet (704) 688-2305

    Located atbulletPO BOX 346891355 Greenwood Cliff 200CHARLOTTENC ZIP+4bullet282344689
    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    
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
     
    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
    Alan BlumenthalClick to see attachment Trustee-part time
    0.00     		0 0 0
    1355 Greenwood Cliff 200
    Charlotte,NC28204
    Philip BlumenthalClick to see attachment Trustee-Part Time
    20.00     		85,000 0 0
    1355 Greenwood Cliff 200
    Charlotte,NC28204
    Samuel BlumenthalClick to see attachment Trustee-Part time
    0.00     		0 0 0
    1355 Greenwood Cliff 200
    Charlotte,NC28204
    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
    Peggy Gartner Prgrm Administrator
    40.00     		98,466 8,094 0
    1355 Greenwood Cliff 200
    Charlotte,NC28204
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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 None  
    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
    20,141,758
    b
    Average of monthly cash balances.......................
    1b
    256,078
    c
    Fair market value of all other assets (see instructions)................
    1c
    44,561
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,442,397
    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
    20,442,397
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    306,636
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,135,761
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,006,788
    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
    1,006,788
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,910
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    25,910
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    980,878
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    980,878
    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
    980,878
    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
    1,438,620
    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
    1,438,620
    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
    1,438,620
    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 7 980,878
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 217,270
    b From 2016...... 406,440
    c From 2017...... 247,379
    d From 2018...... 975,467
    e From 2019...... 408,502
    fTotal of lines 3a through e........ 2,255,058
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,438,620
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 0
    e Remaining amount distributed out of corpus 457,742
    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 2,712,800
    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 ..........     		980,878
    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) ...     		217,270
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,495,530
    10 Analysis of line 9:
    a Excess from 2016.... 406,440
    b Excess from 2017.... 247,379
    c Excess from 2018.... 975,467
    d Excess from 2019.... 408,502
    e Excess from 2020.... 457,742
    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).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Peggy Gartner
    1355 Greenwood Cliff 200
    Charlotte,NC28204
    (704) 688-2305
    bThe form in which applications should be submitted and information and materials they should include:
    Mission statement of the organization concise description cost and duration of program project funds on hand and pledged from other sources plan for evaluation phone number of the organization
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    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
    Cool Globes
    Three Lakes Drive
    Northfield,IL60063     		No Relationship PC A grant to help underwrite a public arts exhibition of 30 5 foot diameter globes to raise the aw... 2,500
    Hospitality House
    1400 Scott Avenue
    Charlotte,NC28203     		No Relationship PC A grant to help provide a place to stay for family members whose loved ones are in local hospitals. 2,500
    International House
    1817 Central Avenue - 215
    Charlotte,NC28205     		No Relationship PC A grant for support of the Ginter Immigration Law Clinic which provides legal assistance in immi... 5,000
    Juvenile Diabetes Research
    205 Regency Executive Park Drive
    Suite 102
    Charlotte,NC28217     		No Relationship PC A grant to help underwrite the 2020 TypeOne National Summit held in Charlotte. 2,500
    NC Network of Grantmakers
    3737 Glenwood Ave - Suite 460
    Raleigh,NC27612     		No Relationship PC A grant to help provide scholarship support for small community foundation representatives to at... 1,500
    Carolina for Kibera
    301 Pittsboro Street -Suite 4119
    Chapel Hill,NC27599     		No Relationship PC A grant for support of the Tabitha Maternity Center in Kenya. 2,500
    Community Empowerment Fund
    208 N Columbia Street Suite 100
    Chapel Hill,NC27514     		No Relationship PC A grant to help grow and deepen programs to alleviate homelessnss and poverty including Orange ... 10,000
    Doing My Part
    9423 Whitehorn Drive
    Charlotte,NC28277     		No Relationship PC A $12,000.00 grant to help hire new personnel to work on a strategic membership and marketing pl... 12,000
    Omimeo Mime Theatre
    PO Box 221267
    Charlotte,NC28222     		No Relationship PC A grant for Earth Day festivities in Charlotte. 5,000
    Hands in Outreach
    1504 Silver Street
    Sheffield,MD01257     		No Relationship PC A grant to help provide support of the school for girls in Nepal. 2,500
    Charlotte Ballet
    701 N Tryon Street
    Charlotte,NC28202     		No Relationship PC 1st of 3 payments of $15,000.00 for use of live music at performances. 10,000
    Communities in Schools
    500 E Morehead Str
    Suite 218
    Charlotte,NC28202     		No Relationship PC A grant to help provide at risk students with the support they require to better position them f... 2,500
    Quest Foundation
    PO Box 3575
    Tallahassee,FL32315     		No Relationship PC A grant to help provide for the proper storage photographic material. 1,000
    Wildlands Network
    329 W Pierpont Ave Suite 300
    Salt Lake City,UT84101     		No Relationship PC A grant to continue with their strategic distribution and communication of their mapping. 25,000
    Wildacres Retreat Inc
    P O Box 280
    Little Switzerland,NC28749     		No Relationship PC General Operating Support 415,000
    Carolina Raptor Center
    P O Box 16443
    Charlotte,NC28297     		No Relationship PC A grant for support of EarthOptimism CLT a program engaging environmental organizations in Charl... 1,000
    American Rivers
    1101 14th Street NW - Suite 1400
    Washington,DC20005     		No Relationship PC A grant to enable the organization to engage local and state decision-maers in NC to implement p... 5,000
    Jewish Family Services
    5007 Providence Road
    Charlotte,NC28226     		No Relationship PC 1st payment on a grant of $25,000.00 help JFS meet the critical social needs of the Charlotte Je... 12,500
    Jewish Federation of Greater Charlo
    5007 Providence Rd
    Charlotte,NC28226     		No Relationship PC A grant for the Jewish Charlotte Emergency Response fund to help stabilizze the Jewish agencies ... 10,000
    Earth Share of North Carolina
    331 W Main Street - Suite 505
    Durham,NC27701     		No Relationship PC A grant for work to develop corporte partnerships that will bring new individual engagement and ... 3,000
    The Light Factory
    1817 Central Avenue
    Charlotte,NC28205     		No Relationship PC A grant fro the School of Good Citizenship and their work with The Light Factory Legacy Project ... 10,000
    Misty Meadows Mitey Riders
    455 Providence Road S
    Waxhaw,NC28173     		No Relationship PC A grant to provide needed general operating support to allow the organization to provide terapeu... 5,000
    Catawba River Keeper Foundation
    715 N Church Street - Suite 120
    Charlotte,NC28202     		No Relationship PC A grant to help support Environmental Programs. 5,000
    Charlotte Mecklenburg Library Found
    310 North Tryon Street
    Charlotte,NC28202     		No Relationship PC A first payment on a $100,000.00 grant for the Capital Campaign. 100,000
    Community Empowerment Fund
    208 N Columbia Street Suite 100
    Chapel Hill,NC27514     		No Relationship PC A grant to grown and deepen CEF's programs to alleviate homelessness and poverty including the ... 10,000
    Goodwill Industries
    5301 Wilkinson Boulevard
    Charlotte,NC28266     		No Relationship PC A grant to support the construction trades training program. 5,000
    Sustain Charlotte
    P O Box 18201
    Charlotte,NC28205     		No Relationship PC A grant for general operating support for 2020. 10,000
    Temple Beth El
    5101 Providence Rd
    Charlotte,NC28226     		No Relationship PC A grant for support of the general operating budget. 10,000
    Queens University
    1900 Selwyn Avenue
    Charlotte,NC28207     		No Relationship PC Scholarship for Poulleth Jimenez. 250
    Assistance League Charlotte
    P O Box 471112
    Charlotte,NC282471112     		No Relationship PC A grant for support of Operation School Bell which will provide new school clothing shoes hygi... 5,000
    J Street
    P O Box 66073
    Washington,DC20035     		No Relationship PC A grant for general operating support. 2,500
    Jewish Education Loan Fund
    4549 Chamblee Dunwoody Road
    Atlanta,GA30338     		No Relationship PC A grant for the Sponsor-a-Student program whch provides interest-free loans to students who requ... 5,000
    NC Conservation Network
    234 Fayetteville Street - 5th Flooo
    Raleigh,NC27601     		No Relationship PC The first payment on a grant of $15,000.00 to continue to grow the communication efforts to rea... 7,500
    Safe Alliance
    601 E 5th Street Suite 400
    Charlotte,NC282023095     		No Relationship PC A grant for general operating support. 3,000
    Shelter Health Services
    534 Spratt Street
    Charlotte,NC28206     		No Relationship PC A grant to support 100 diagnostic x-rays for MobilEx for the clinic's Orthopedic Pain Managment ... 6,000
    Toe River Arts Council
    P O Box 882
    Burnsville,NC28714     		No Relationship PC A grant to fund a large-scale printmaking workshop and exhibition in the fall of 2020. 6,000
    Hospice and Palliative Care
    P O Box 470408
    Charlotte,NC28247     		No Relationship PC A grant for general operating support in honor of Ron Weiner. 500
    Jewish Family Services
    5007 Providence Road
    Charlotte,NC28226     		No Relationship PC A grant for general operating support in honor of Ron Weiner 500
    The American Chestnut Foundation
    50 North Merrimon Avenue - 115
    Asheville,NC28804     		No Relationship PC A grant for support of the October 3 2020 annual Symposium. 1,000
    Charlotte Ballet
    701 N Tryon Street
    Charlotte,NC28202     		No Relationship PC A second payment on a $15,000.00 grant for general operating support. 5,000
    Environmental Defense
    4000 Westchase Blvd - Suite 510
    Raleigh,NC27607     		No Relationship PC A grant to support EDF's work focused on strengthening the resilience of eastern NC to the impac... 15,000
    Foothills Conservancy of NC Inc
    P O Box 3023
    Morganton,NC28680     		No Relationship PC The first payment on a grant of $15,000.00 for three conservation and public trail projects in M... 7,500
    The Nature Conservancy
    334 Blackwell Street - Suite 300
    Durham,NC27701     		No Relationship PC The first payment on a five-year grant of $100,000.00 for North Carolina Chapter's capital campa... 20,000
    Charlotte Community Tool Bank
    2513 S Tryon Street
    Charlotte,NC28203     		No Relationship PC A grant for general operating support for the tool lending program. 2,500
    NC Center for Non Profits
    5800 Faringdon Place
    Raleigh,NC27609     		No Relationship PC A grant to help fund the virtual 2020 Statewide Conference on December 8-10 2020. 2,500
    Partners for Parks
    5841 Brookshire Blvd
    Charlotte,NC28216     		No Relationship PC A grant for support of the Sponsor Campaign - Promoting Parks for All. 2,000
    Spruce Pine Montessori School
    67 Walnut Avenue
    Spruce Pine,NC28777     		No Relationship PC Funding to help with additional costs of substitue salaries and housekeeping salaries. 5,000
    Veteran Bridge Home
    2200 E 7th Street
    Charlotte,NC28204     		No Relationship PC A grant to help underwrite program operation funding and capacity building to enhance the organi... 2,500
    The Wilderness Society
    1615 M Street NW
    Washington,DC20036     		No Relationship PC A grant the continued work in Western North Carolina to protect wild places. 12,500
    Bechtler Museum of Modern Art
    420 South Tryon Street
    Charlotte,NC28202     		No Relationship PC A grant to enhance the museum's slate of community and educational outreach programs in Charlotte. 10,000
    Charlotte Country Day School
    1440 Carmel Road
    Charlotte,NC282265096     		No Relationship PC A grant for the Country Day Fund. 1,750
    Dogwood Alliance
    P O Box 7645
    Asheville,NC28802     		No Relationship PC A grant to fund the "Our Forests Aren't Fuel" Campaign. Funds will be used exclusively in North... 10,000
    Foothills Conservancy of NC Inc
    P O Box 3023
    Morganton,NC28680     		No Relationship PC The final payment on a grant to support 3 conservation and public trail projecte near Old Fort a... 7,500
    Jewish Family Services
    5007 Providence Road
    Charlotte,NC28226     		No Relationship PC Final payment on $25,000.00 grant. 12,500
    Mitchell Co Animal Rescue Inc
    P O Box 308
    Spruce Pine,NC28777     		No Relationship PC A grant for the vertual Wine & Whiskers annual fund raiser. 1,000
    McColl Center for Art and Inovation
    721 North Tryon Street
    Charlotte,NC28202     		No Relationship PC A grant to help with the purchase of a Universal Laser Cut and Engraver VLKS6.75 12,000
    Clean Air Coalition
    P O Box 5311
    Charlotte,NC28299     		No Relationship PC A grant to help with the establishment of Charlotte Mecklenburg Climate Ambassadors Program in p... 5,000
    Hospitality House
    1400 Scott Avenue
    Charlotte,NC28203     		No Relationship PC A grant to help provide more than a month of lodging for families and patients seeking medical c... 2,500
    Fund for Mitchell County
    P O Box 1101
    Spruce Pine,NC287771101     		No Relationship PC Annual Fund 1,000
    Nature Conservancy NC Chapter
    334 Blackwell Street
    Durham,NC27701     		No Relationship PC A grant for the Annual Fund drive. 77,000
    Total .................................bullet 3a 938,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a     0   0 0
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    f     0   0 0
        0   0 0
    gFees and contracts from government agencies          
    2 Membership dues and assessments....   0   0 0
    3 Interest on savings and temporary cash
    investments ...........     		  0 14 0 11,130
    4 Dividends and interest from securities....   0 14 0 399,260
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......   0   0 0
    bNot debt-financed property.....   0   0 0
    6 Net rental income or (loss) from personal property   0 16 0 -7,923
    7 Other investment income.....   0   0 0
    8 Gain or (loss) from sales of assets other than
    inventory ............     		  0 18 0 1,619,291
    9 Net income or (loss) from special events:   0   0 0
    10 Gross profit or (loss) from sales of inventory   0   0 0
    11 Other revenue:
    aEarned easement     		  0 16 0 5,850
    b     0   0 0
    c     0   0 0
    d     0   0 0
    e     0   0 0
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 2,027,608
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,027,608
    (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.)
    11(a) None
    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: 20012075
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit 6,000 0 0 6,000

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    BNY Mellon MM 2018-01 Purchase 2020-03   3,009 1,505   0   0
    West End Advisors 2002-01 Purchase 2020-04   181,699 363,398   0   0
    West End Advisors 2002-01 Purchase 2020-07   218,210 109,105   0   0
    Bart Hopper 1973-07 Purchase 2020-08   1,589,285 0   0   0
    West End Advisors 2015-07 Purchase 2020-09   66,444 33,222   0   0
    West End Advisors 2015-07 Purchase 2020-11   135,748 67,874   0   0

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    US Government Securities - End of Year Book Value:

    19,439,388
    US Government Securities - End of Year Fair Market Value:

    21,873,365
    State & Local Government Securities - End of Year Book Value:


    21,873,365
    State & Local Government Securities - End of Year Fair Market Value:


    21,873,365


    TY 2020 LegalFeesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Property Sale 8,691 0 0 8,691


    TY 2020 OtherExpensesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HVAC Repairs 213 64 0 149
    Office Supplies 34 30 0 4
    Office Rent 75,122 22,537 0 52,585
    Association Fee 17,921 5,376 0 12,545
    Office Supplies 995 299 0 696
    Telephone 4,540 1,362 0 3,178
    Contract Labor 24,636 7,391 0 17,245
    Postage 1,454 436 0 1,018
    Excise Tax 14,494 4,348 0 10,146
    Education and Seminars 868 260 0 608
    Dues and Subscriptions 5,427 1,628 0 3,799
    Copier and Printing 282 85 0 197
    Office Equipment Repair 177 53 0 124
    Software and Software Maint 15,234 4,570 0 10,664
    Insurance 12,412 3,724 0 8,688
    Bank Charges 998 279 0 719
    Settlement 165,000 49,500 0 115,500


    TY 2020 OtherIncomeSchedule2
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WBTV Jefferson Pilot Communications - Earned Easement 5,850 5,850 0


    TY 2020 OtherIncreasesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    Unreal Gain 1,843,695


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Manager 85,739 0 0 85,739


    TY 2020 TaxesSchedule
    Name:
    BLUMENTHAL FOUNDATION FOR CHARITY RELIGION EDUCATION & BETTER INTER-
    EIN:
    56-0793667
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Property Tax 19,923 5,977 0 13,946