TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
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Go 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 05-01-2020 , and ending 04-30-2021

Name of foundation
MARIA GRAZIA PANARO FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)114 W 47TH ST NY8-114-07-07
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100361510

A Employer identification number

23-7813766

B Telephone number (see instructions)

(609) 274-6834

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,269,064J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	16,549		16,549
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		111,939
b	Gross sales price for all assets on line 6a 388,331
7	Capital gain net income (from Part IV, line 2)...			111,939
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).......		68
12	Total. Add lines 1 through 11........	128,556		128,488
13	Compensation of officers, directors, trustees, etc.	17,444		6,978		10,466
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		2,232	303		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).......		60	60
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	19,736		7,341	0	10,466
25	Contributions, gifts, grants paid.......	30,000				30,000
26	Total expenses and disbursements. Add lines 24 and 25	49,736		7,341	0	40,466
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	78,820
b	Net investment income (if negative, enter -0-)			121,147
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	552	139	139
	2	Savings and temporary cash investments.........	90,948	89,840	89,840
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	81,586
	b	Investments—corporate stock (attach schedule).......	574,649	573,292	934,117
	c	Investments—corporate bonds (attach schedule).......	66,376	224,096	231,010
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	9,714	13,672	13,958
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	823,825	901,039	1,269,064
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	823,825	901,039
	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).....	823,825	901,039
	30	Total liabilities and net assets/fund balances (see instructions).	823,825	901,039

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

823,825

Enter amount from Part I, line 27a .....................

78,820

Other increases not included in line 2 (itemize) bullet

137

Add lines 1, 2, and 3 ..........................

902,782

Decreases not included in line 2 (itemize) bullet

1,743

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

901,039

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	9. MOLSON COORS BREWING CO	2019-02-07	2020-05-13
b	1. MOLSON COORS BREWING CO	2019-02-20	2020-05-13
c	16. MOLSON COORS BREWING CO	2019-02-08	2020-05-13
d	14. MOLSON COORS BREWING CO	2019-02-04	2020-05-13
e	4. MOLSON COORS BREWING CO	2019-02-05	2020-05-13
	5. VERIZON COMMUNICATIONS INC	2019-03-29	2020-05-13
	29. VERIZON COMMUNICATIONS INC	2019-04-25	2020-05-13
	5. MOLSON COORS BREWING CO	2019-02-20	2020-05-14
	3000. U.S. TREASURY NOTE	2011-02-28	2020-05-15
	1000. U.S. TREASURY NOTE	2013-04-18	2020-05-15
	1000. U.S. TREASURY NOTE	2017-05-11	2020-05-15
	22. DR HORTON INC	2017-02-21	2020-05-20
	3. DR HORTON INC	2016-10-20	2020-05-20
	12. DR HORTON INC	2016-10-19	2020-05-20
	2. DR HORTON INC	2017-03-30	2020-05-20
	5. MOLSON COORS BREWING CO	2019-02-20	2020-05-20
	5. MOLSON COORS BREWING CO	2019-02-21	2020-05-20
	9. MOLSON COORS BREWING CO	2019-02-21	2020-05-21
	25. MOLSON COORS BREWING CO	2019-03-05	2020-05-21
	13. MOLSON COORS BREWING CO	2019-10-22	2020-05-22
	9. MOLSON COORS BREWING CO	2019-10-23	2020-05-22
	6. MOLSON COORS BREWING CO	2020-02-20	2020-05-22
	9. MOLSON COORS BREWING CO	2020-04-08	2020-05-22
	3. MOLSON COORS BREWING CO	2019-03-05	2020-05-22
	4. NOVO NORDISK A/S ADR	2017-10-26	2020-05-29
	2. NOVO NORDISK A/S ADR	2018-01-18	2020-05-29
	12. NOVO NORDISK A/S ADR	2017-10-27	2020-05-29
	12. NOVO NORDISK A/S ADR	2018-01-17	2020-05-29
	15. SONY CORP ADR AMERN SH NEW	2020-04-08	2020-06-03
	20. SONY CORP ADR AMERN SH NEW	2019-07-26	2020-06-03
	12. SONY CORP ADR AMERN SH NEW	2019-07-25	2020-06-03
	10. SONY CORP ADR AMERN SH NEW	2019-07-02	2020-06-03
	1. SONY CORP ADR AMERN SH NEW	2019-07-01	2020-06-03
	13. DOLLAR GENERAL CORP	2018-11-30	2020-06-05
	11. FACEBOOK INC	2020-02-04	2020-06-08
	8. DOLLAR GENERAL CORP	2018-12-07	2020-06-09
	1. DOLLAR GENERAL CORP	2018-11-30	2020-06-09
	10. ALIBABA GROUP HOLDING LT	2019-09-05	2020-06-15
	1. DOLLAR GENERAL CORP	2018-12-11	2020-06-15
	3. DOLLAR GENERAL CORP	2018-12-10	2020-06-15
	6. DOLLAR GENERAL CORP	2018-12-07	2020-06-15
	6. LABORATORY CORP AMER HLDGS	2014-12-26	2020-06-15
	30. VERIZON COMMUNICATIONS INC	2019-04-30	2020-06-15
	1. VERIZON COMMUNICATIONS INC	2019-04-25	2020-06-15
	2. LABORATORY CORP AMER HLDGS	2014-12-29	2020-06-16
	4. LABORATORY CORP AMER HLDGS	2014-12-26	2020-06-16
	31. VERIZON COMMUNICATIONS INC	2019-05-15	2020-06-16
	10. VERIZON COMMUNICATIONS INC	2019-05-16	2020-06-16
	5. FACEBOOK INC	2020-02-04	2020-06-18
	24. CITIGROUP INC	2015-06-15	2020-06-29
	20. CITIGROUP INC	2015-05-07	2020-06-29
	23. CITIGROUP INC	2012-10-31	2020-06-29
	20. DR HORTON INC	2017-03-30	2020-06-29
	15. VERIZON COMMUNICATIONS INC	2019-05-16	2020-06-29
	15. VERIZON COMMUNICATIONS INC	2019-05-20	2020-06-29
	14. DR HORTON INC	2017-03-30	2020-06-30
	13. MICROSOFT CORP COM	2015-11-18	2020-07-02
	15. VERIZON COMMUNICATIONS INC	2019-05-30	2020-07-02
	19. VERIZON COMMUNICATIONS INC	2019-05-20	2020-07-02
	.13 KONINKLIJKE PHILIPS NV	2020-01-27	2020-07-09
	1. VERIZON COMMUNICATIONS INC	2019-07-22	2020-07-10
	30. VERIZON COMMUNICATIONS INC	2019-06-14	2020-07-10
	10. VERIZON COMMUNICATIONS INC	2019-05-30	2020-07-10
	74. COMCAST CORP	2012-10-04	2020-07-22
	3. DR HORTON INC	2017-03-30	2020-07-23
	19. DR HORTON INC	2017-03-31	2020-07-23
	21. DR HORTON INC	2018-05-17	2020-07-24
	9. DR HORTON INC	2020-04-08	2020-07-24
	1. DR HORTON INC	2018-05-16	2020-07-24
	10. DR HORTON INC	2017-03-31	2020-07-24
	13. APPLE INC	2015-11-18	2020-07-27
	15. TAIWAN SEMICONDUCTOR ADR	2018-09-10	2020-07-27
	28. TAIWAN SEMICONDUCTOR ADR	2018-09-07	2020-07-27
	11. FACEBOOK INC	2020-02-04	2020-08-11
	18. TAIWAN SEMICONDUCTOR ADR	2018-09-10	2020-08-11
	5. TAIWAN SEMICONDUCTOR ADR	2018-10-31	2020-08-11
	25. VERIZON COMMUNICATIONS INC	2019-07-22	2020-08-11
	37. VERIZON COMMUNICATIONS INC	2019-07-30	2020-08-11
	6. VERIZON COMMUNICATIONS INC	2020-04-08	2020-08-11
	17. LOWES COMPANIES INC COM	2015-05-07	2020-08-14
	6. APPLE INC	2015-11-18	2020-08-18
	12. LOWES COMPANIES INC COM	2015-06-15	2020-08-19
	2. BOOKING HLDGS INC	2020-03-24	2020-08-27
	53. ALTRIA GROUP INC	2015-06-10	2020-09-01
	10. ALTRIA GROUP INC	2015-06-11	2020-09-01
	18. APPLE INC	2015-11-18	2020-09-01
	10. ALTRIA GROUP INC	2015-06-11	2020-09-02
	8. APPLE INC	2016-03-31	2020-09-10
	2. APPLE INC	2015-11-18	2020-09-10
	14. PFIZER INC	2017-02-21	2020-09-10
	71. PFIZER INC	2016-03-31	2020-09-10
	3. HUBBELL INC	2019-02-15	2020-09-18
	4. HUBBELL INC	2019-02-13	2020-09-18
	8. WAL MART STORES INC	2017-07-26	2020-09-18
	12. WAL MART STORES INC	2017-08-04	2020-09-18
	3. HUBBELL INC	2019-02-15	2020-09-21
	1. HUBBELL INC	2019-02-19	2020-09-21
	3. HUBBELL INC	2019-02-19	2020-09-22
	3. HUBBELL INC	2019-02-19	2020-09-23
	2. HUBBELL INC	2019-02-20	2020-09-23
	53. AES CORP/VA	2018-09-21	2020-09-24
	14. AES CORP/VA	2018-09-20	2020-09-24
	6000. WALMART INC	2018-08-23	2020-09-24
	30. AES CORP/VA	2018-09-25	2020-09-25
	29. AES CORP/VA	2018-09-21	2020-09-25
	66. AES CORP/VA	2018-09-25	2020-09-28
	6. AES CORP/VA	2018-10-02	2020-09-29
	34. AES CORP/VA	2018-09-25	2020-09-29
	3. HUBBELL INC	2019-02-20	2020-10-02
	1. HUBBELL INC	2019-02-21	2020-10-02
	28.44 KONINKLIJKE PHILIPS NV	2020-01-27	2020-10-02
	34.56 KONINKLIJKE PHILIPS NV	2020-01-28	2020-10-02
	3. HUBBELL INC	2019-02-21	2020-10-05
	2. HUBBELL INC	2019-02-22	2020-10-05
	1. HUBBELL INC	2019-02-27	2020-10-05
	2. HUBBELL INC	2019-02-27	2020-10-06
	2. HUBBELL INC	2019-02-28	2020-10-06
	1. MORGAN STANLEY	2020-10-06	2020-10-06
	33. AES CORP/VA	2018-10-02	2020-10-14
	20. PFIZER INC	2017-04-11	2020-10-14
	39. PFIZER INC	2017-02-21	2020-10-14
	51. AES CORP/VA	2018-10-02	2020-10-15
	22. AES CORP/VA	2018-10-03	2020-10-15
	45. US BANCORP DEL	2012-10-31	2020-10-15
	5. US BANCORP DEL	2012-07-26	2020-10-15
	38. AES CORP/VA	2019-05-13	2020-10-16
	25. AES CORP/VA	2019-01-14	2020-10-16
	6. AES CORP/VA	2018-10-03	2020-10-16
	10. US BANCORP DEL	2012-10-31	2020-10-16
	.2 VONTIER CORP	2020-10-15	2020-10-16
	14. AES CORP/VA	2019-05-13	2020-10-19
	36. AES CORP/VA	2019-05-14	2020-10-19
	40. AES CORP/VA	2020-04-08	2020-10-19
	1. HUBBELL INC	2019-03-01	2020-10-23
	2. HUBBELL INC	2019-02-28	2020-10-23
	4. HUBBELL INC	2019-03-01	2020-10-26
	1. HUBBELL INC	2019-03-04	2020-10-26
	4. HUBBELL INC	2019-03-05	2020-10-27
	2. HUBBELL INC	2019-03-06	2020-10-27
	50. PFIZER INC	2017-04-11	2020-10-27
	25. ALTRIA GROUP INC	2015-06-11	2020-11-02
	46. ALTRIA GROUP INC	2015-07-09	2020-11-02
	20. ALTRIA GROUP INC	2015-08-05	2020-11-03
	12. ALTRIA GROUP INC	2015-07-09	2020-11-03
	4. BIOGEN IDEC INC	2016-08-30	2020-11-03
	2. BIOGEN IDEC INC	2016-08-24	2020-11-03
	9. QUANTA SERVICES INC	2020-03-19	2020-11-03
	3. BIOGEN IDEC INC	2016-12-13	2020-11-04
	5. BIOGEN IDEC INC	2016-08-30	2020-11-04
	2. QUANTA SERVICES INC	2020-03-23	2020-11-04
	39. QUANTA SERVICES INC	2020-03-20	2020-11-04
	7. QUANTA SERVICES INC	2020-03-19	2020-11-04
	12. QUANTA SERVICES INC	2020-03-23	2020-11-05
	2. HUBBELL INC	2019-03-06	2020-11-12
	1. HUBBELL INC	2019-03-07	2020-11-12
	3. HUBBELL INC	2019-03-07	2020-11-13
	2. HUBBELL INC	2019-03-08	2020-11-13
	1. HUBBELL INC	2019-04-15	2020-11-13
	1. HUBBELL INC	2019-04-16	2020-11-13
	14. PFIZER INC	2017-05-31	2020-11-13
	71. PFIZER INC	2017-04-12	2020-11-13
	27. PFIZER INC	2017-04-11	2020-11-13
	1. HUBBELL INC	2019-04-18	2020-11-16
	5. HUBBELL INC	2019-04-17	2020-11-16
	2. HUBBELL INC	2019-04-16	2020-11-16
	25. PFIZER INC	2018-02-06	2020-11-16
	25. PFIZER INC	2020-04-08	2020-11-16
	30. PFIZER INC	2017-05-31	2020-11-16
	43. PFIZER INC	2017-06-21	2020-11-16
	5. HUBBELL INC	2020-04-08	2020-11-17
	3. HUBBELL INC	2019-04-18	2020-11-17
	2000. U.S. TREASURY BOND	2017-05-11	2020-11-24
	2000. U.S. TREASURY BOND	2013-04-18	2020-11-24
	1000. U.S. TREASURY BOND	2011-02-28	2020-11-24
	1000. U.S. TREASURY NOTE	2019-04-12	2020-11-24
	9. ALTRIA GROUP INC	2015-08-06	2020-12-01
	19. ALTRIA GROUP INC	2015-08-05	2020-12-01
	17. ALTRIA GROUP INC	2017-09-05	2020-12-01
	3. ALTRIA GROUP INC	2019-03-05	2020-12-01
	11. ALTRIA GROUP INC	2018-03-20	2020-12-01
	28. APPLE INC	2016-03-31	2020-12-01
	10. DOLLAR GENERAL CORP	2018-12-11	2020-12-01
	1. DOLLAR GENERAL CORP	2019-01-08	2020-12-01
	40. US BANCORP DEL	2013-01-14	2020-12-01
	10. US BANCORP DEL	2012-10-31	2020-12-01
	12. US BANCORP DEL	2015-05-07	2020-12-08
	24. US BANCORP DEL	2013-01-14	2020-12-08
	23. US BANCORP DEL	2015-06-15	2020-12-09
	8. US BANCORP DEL	2015-05-07	2020-12-09
	11. ALTRIA GROUP INC	2020-02-20	2020-12-14
	21. ALTRIA GROUP INC	2019-10-29	2020-12-14
	20. ALTRIA GROUP INC	2019-03-05	2020-12-14
	11. QUANTA SERVICES INC	2020-03-23	2020-12-14
	56. TRUIST FINL CORP	2016-06-24	2020-12-14
	17. QUANTA SERVICES INC	2020-03-23	2020-12-15
	2. TRUIST FINL CORP	2016-06-24	2020-12-15
	81. ALTRIA GROUP INC	2020-03-10	2021-01-05
	2. ALTRIA GROUP INC	2020-02-20	2021-01-05
	11. DOLLAR GENERAL CORP	2019-01-08	2021-01-05
	2.8 VONTIER CORP	2017-08-01	2021-01-05
	2.4 VONTIER CORP	2017-07-13	2021-01-05
	5.6 VONTIER CORP	2017-07-14	2021-01-05
	.4 VONTIER CORP	2018-05-16	2021-01-05
	5.6 VONTIER CORP	2017-07-17	2021-01-05
	.6 VONTIER CORP	2018-05-17	2021-01-05
	2. VONTIER CORP	2017-11-21	2021-01-05
	1.6 VONTIER CORP	2017-11-22	2021-01-05
	2.4 VONTIER CORP	2017-11-27	2021-01-05
	3.2 VONTIER CORP	2017-07-28	2021-01-05
	4.4 VONTIER CORP	2017-07-31	2021-01-05
	8. VONTIER CORP	2019-08-02	2021-01-06
	1.6 VONTIER CORP	2019-08-05	2021-01-06
	5. VONTIER CORP	2018-05-17	2021-01-06
	5.2 VONTIER CORP	2019-12-17	2021-01-06
	9.2 VONTIER CORP	2019-09-18	2021-01-06
	.4 VONTIER CORP	2019-12-18	2021-01-06
	2.6 VONTIER CORP	2020-02-20	2021-01-06
	4.2 VONTIER CORP	2020-04-08	2021-01-07
	1.8 VONTIER CORP	2020-02-20	2021-01-07
	4. REINSURANCE GROUP OF AMERICA INC	2020-10-14	2021-01-11
	2. REINSURANCE GROUP OF AMERICA INC	2020-10-15	2021-01-11
	15. NXP SEMICONDUCTORS N.V.	2020-06-15	2021-01-11
	7. RAYMOND JAMES FINANCIAL INC	2020-02-19	2021-01-12
	5. RAYMOND JAMES FINANCIAL INC	2020-02-20	2021-01-12
	12. RAYMOND JAMES FINANCIAL INC	2020-01-29	2021-01-12
	13. RAYMOND JAMES FINANCIAL INC	2020-01-30	2021-01-12
	14. RAYMOND JAMES FINANCIAL INC	2020-01-31	2021-01-12
	2. REINSURANCE GROUP OF AMERICA INC	2020-10-15	2021-01-12
	6. REINSURANCE GROUP OF AMERICA INC	2020-10-16	2021-01-12
	2. REINSURANCE GROUP OF AMERICA INC	2020-10-19	2021-01-12
	4. REINSURANCE GROUP OF AMERICA INC	2020-10-19	2021-01-13
	1. REINSURANCE GROUP OF AMERICA INC	2020-10-20	2021-01-13
	78. APPLE INC	2016-03-31	2021-01-19
	62. APPLE INC	2016-03-31	2021-01-20
	19. NXP SEMICONDUCTORS N.V.	2020-06-15	2021-01-20
	9. DOLLAR GENERAL CORP	2019-04-05	2021-01-26
	3. DOLLAR GENERAL CORP	2019-01-08	2021-01-26
	5. DOLLAR GENERAL CORP	2020-04-08	2021-01-26
	1. DOLLAR GENERAL CORP	2019-01-09	2021-01-26
	2. DOLLAR GENERAL CORP	2020-02-20	2021-01-26
	8. RAYMOND JAMES FINANCIAL INC	2020-02-20	2021-01-26
	3. DOLLAR GENERAL CORP	2020-04-08	2021-01-27
	5. RAYMOND JAMES FINANCIAL INC	2020-04-08	2021-01-27
	9. RAYMOND JAMES FINANCIAL INC	2020-06-15	2021-01-27
	2. RAYMOND JAMES FINANCIAL INC	2020-06-16	2021-01-27
	1. RAYMOND JAMES FINANCIAL INC	2020-02-20	2021-01-27
	12. RAYMOND JAMES FINANCIAL INC	2020-06-16	2021-01-28
	1. RAYMOND JAMES FINANCIAL INC	2020-06-17	2021-01-28
	2. QUANTA SERVICES INC	2020-04-01	2021-02-05
	9. QUANTA SERVICES INC	2020-03-23	2021-02-05
	5. REINSURANCE GROUP OF AMERICA INC	2020-10-20	2021-02-05
	19. QUANTA SERVICES INC	2020-04-01	2021-02-08
	1. QUANTA SERVICES INC	2020-04-02	2021-02-08
	3. REINSURANCE GROUP OF AMERICA INC	2020-10-20	2021-02-08
	4. REINSURANCE GROUP OF AMERICA INC	2020-10-21	2021-02-08
	12. QUANTA SERVICES INC	2020-04-02	2021-02-09
	5. REINSURANCE GROUP OF AMERICA INC	2020-11-02	2021-02-09
	1. REINSURANCE GROUP OF AMERICA INC	2020-11-03	2021-02-09
	6. REINSURANCE GROUP OF AMERICA INC	2020-10-21	2021-02-09
	8. REINSURANCE GROUP OF AMERICA INC	2020-11-03	2021-02-10
	3. REINSURANCE GROUP OF AMERICA INC	2020-11-04	2021-02-10
	3. REINSURANCE GROUP OF AMERICA INC	2020-11-04	2021-02-11
	17. APPLE INC	2016-03-31	2021-02-19
	11. QUANTA SERVICES INC	2020-04-02	2021-02-19
	4000. U.S. TREASURY NOTE	2019-04-12	2021-02-19
	1000. U.S. TREASURY NOTE	2019-05-16	2021-02-19
	11. QUANTA SERVICES INC	2020-04-02	2021-02-22
	1. QUANTA SERVICES INC	2020-04-03	2021-02-22
	6. QUANTA SERVICES INC	2020-04-13	2021-02-22
	52. FOX CORP	2019-11-11	2021-03-02
	38. FOX CORP	2019-11-12	2021-03-02
	7. WAL MART STORES INC	2017-08-04	2021-03-02
	15. WAL MART STORES INC	2017-08-17	2021-03-02
	7. FOX CORP	2019-11-12	2021-03-03
	33. FOX CORP	2019-11-18	2021-03-03
	50. CHEVRONTEXACO CORP	2017-01-05	2021-03-05
	7. CHEVRONTEXACO CORP	2017-01-25	2021-03-05
	5. ALIBABA GROUP HOLDING LT	2019-09-05	2021-03-16
	15. ALLY FINANCIAL INC	2018-02-08	2021-03-16
	33. ALLY FINANCIAL INC	2018-02-09	2021-03-16
	3. ALPHABET INC SHS CL C	2012-06-28	2021-03-16
	1. ALPHABET INC SHS CL A	2012-06-27	2021-03-16
	1. ALPHABET INC SHS CL A	2012-06-28	2021-03-16
	5. ANTHEM INC	2020-01-09	2021-03-16
	6. APPLE INC	2016-03-31	2021-03-16
	24. APPLIED MATERIALS INC	2020-07-27	2021-03-16
	5. BP P L C SPONS ADR	2015-06-15	2021-03-16
	31. BP P L C SPONS ADR	2014-10-27	2021-03-16
	9. BERKSHIRE HATHAWAYINC	2020-04-24	2021-03-16
	6. CBRE GROUP INC	2020-06-02	2021-03-16
	2. CBRE GROUP INC	2020-06-03	2021-03-16
	57. CISCO SYSTEMS INC	2013-08-08	2021-03-16
	14. COCA-COLA CO/THE	2020-08-27	2021-03-16
	8. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-04-08	2021-03-16
	24. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-04-09	2021-03-16
	6. DOWDUPONT INC	2017-01-09	2021-03-16
	6. DOWDUPONT INC	2017-01-10	2021-03-16
	11. DOWDUPONT INC	2017-01-12	2021-03-16
	11. DOWDUPONT INC	2017-01-13	2021-03-16
	6. DOWDUPONT INC	2015-06-15	2021-03-16
	8. DOWDUPONT INC	2017-01-17	2021-03-16
	5. DOWDUPONT INC	2019-01-17	2021-03-16
	3. DOWDUPONT INC	2013-10-22	2021-03-16
	15. DOWDUPONT INC	2013-10-23	2021-03-16
	26. DOLLAR TREE INC	2019-03-06	2021-03-16
	7. FACEBOOK INC	2020-02-04	2021-03-16
	3. FACEBOOK INC	2020-02-06	2021-03-16
	6. FORTIVE CORP	2017-07-13	2021-03-16
	14. FORTIVE CORP	2017-07-14	2021-03-16
	4. FORTIVE CORP	2017-07-17	2021-03-16
	34. GENERAL MOTORS CO	2020-01-15	2021-03-16
	12. J P MORGAN CHASE & CO	2012-06-15	2021-03-16
	7. J P MORGAN CHASE & CO	2012-06-25	2021-03-16
	2. J P MORGAN CHASE & CO	2012-06-26	2021-03-16
	2.65 KONINKLIJKE PHILIPS NV	2020-02-06	2021-03-16
	11.35 KONINKLIJKE PHILIPS NV	2020-01-28	2021-03-16
	10. LABORATORY CORP AMER HLDGS	2014-12-29	2021-03-16
	6. LOWES COMPANIES INC COM	2015-06-15	2021-03-16
	2. MICROSOFT CORP COM	2016-01-06	2021-03-16
	27. MICROSOFT CORP COM	2015-11-18	2021-03-16
	2.48 MORGAN STANLEY	2017-10-09	2021-03-16
	10.52 MORGAN STANLEY	2017-10-10	2021-03-16
	5. NORFOLK SOUTHERN CORP	2017-01-12	2021-03-16
	1. NOVO NORDISK A/S ADR	2019-01-02	2021-03-16
	2. NOVO NORDISK A/S ADR	2018-01-18	2021-03-16
	4. NOVO NORDISK A/S ADR	2018-01-19	2021-03-16
	6. NOVO NORDISK A/S ADR	2018-01-22	2021-03-16
	2. O'REILLY AUTOMOTIVE INC	2018-07-10	2021-03-16
	2. O'REILLY AUTOMOTIVE INC	2018-07-19	2021-03-16
	17. OTIS WORLDWIDE CORP REG	2020-04-16	2021-03-16
	12. ROBERT HALF INTERNATIONAL INC	2020-03-25	2021-03-16
	7. ROSS STORES INC	2020-03-24	2021-03-16
	30. SANOFI-SYNTHELABO	2020-02-20	2021-03-16
	18. TAIWAN SEMICONDUCTOR ADR	2018-10-31	2021-03-16
	31. UNILEVER PLC AMER SHS ADR NEW	2019-08-15	2021-03-16
	5. UNITEDHEALTH GROUP INC	2014-10-27	2021-03-16
	29. VODAFONE GROUP PLC	2020-09-24	2021-03-16
	25. VODAFONE GROUP PLC	2020-09-25	2021-03-16
	13. AXALTA COATING SYSTEMS	2020-06-08	2021-03-16
	8. AXALTA COATING SYSTEMS	2020-06-09	2021-03-16
	11. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-04-09	2021-03-19
	11. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-04-10	2021-03-19
	11. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-04-10	2021-03-22
	29. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-06-10	2021-03-22
	12. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-06-11	2021-03-22
	24. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2017-06-07	2021-03-23
	17. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-06-11	2021-03-23
	3. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2015-06-12	2021-03-23
	4. CHEVRONTEXACO CORP	2017-01-25	2021-03-24
	12. CHEVRONTEXACO CORP	2017-01-25	2021-03-25
	7. CHEVRONTEXACO CORP	2017-01-25	2021-03-26
	13. WAL MART STORES INC	2018-08-03	2021-03-26
	20. WAL MART STORES INC	2017-09-05	2021-03-26
	8. WAL MART STORES INC	2020-04-08	2021-03-26
	3. WAL MART STORES INC	2017-08-17	2021-03-26
	9. WAL MART STORES INC	2020-02-20	2021-03-26
	11. WAL MART STORES INC	2018-02-26	2021-03-26
	5000. U.S. TREASURY NOTE	2020-11-24	2021-03-30
	23. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2017-06-22	2021-04-05
	6. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2018-01-19	2021-04-06
	1. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2017-06-23	2021-04-06
	1. CHEVRONTEXACO CORP	2018-01-02	2021-04-14
	4. CHEVRONTEXACO CORP	2017-01-25	2021-04-14
	7. CHEVRONTEXACO CORP	2017-01-26	2021-04-14
	5. CHEVRONTEXACO CORP	2019-12-09	2021-04-15
	14. CHEVRONTEXACO CORP	2018-01-10	2021-04-15
	3. CHEVRONTEXACO CORP	2020-04-08	2021-04-16
	6. CHEVRONTEXACO CORP	2020-02-20	2021-04-16
	1. LOWES COMPANIES INC COM	2015-06-15	2021-04-16
	11. LOWES COMPANIES INC COM	2017-09-18	2021-04-16
	5. CHEVRONTEXACO CORP	2020-04-08	2021-04-19
	19.43 TRUIST FINL CORP	2017-09-11	2021-04-21
	52.5 TRUIST FINL CORP	2016-06-24	2021-04-21
	31.08 TRUIST FINL CORP	2016-06-27	2021-04-21
	46. COCA-COLA CO/THE	2020-08-27	2021-04-26
	12. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2018-12-14	2021-04-26
	3. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2018-01-19	2021-04-26
	15. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2020-04-08	2021-04-27
	3. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2018-12-14	2021-04-27
	8. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2019-12-20	2021-04-27
	12. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2020-02-20	2021-04-27
	1. COGNIZANT TECHNOLOGY SOLUTIONS CORP	2019-12-23	2021-04-27
	16. ROBERT HALF INTERNATIONAL INC	2020-03-25	2021-04-29
	3. ROBERT HALF INTERNATIONAL INC	2020-03-25	2021-04-30
	14. ROBERT HALF INTERNATIONAL INC	2020-03-26	2021-04-30

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	325	589	-264
b	36	63	-27
c	578	1,043	-465
d	506	922	-416
e	144	266	-122
	274	296	-22
	1,592	1,620	-28
	174	314	-140
	3,000	3,000
	1,000	1,000
	1,000	1,000
	1,146	676	470
	156	88	68
	625	356	269
	104	67	37
	189	314	-125
	189	311	-122
	334	559	-225
	928	1,524	-596
	475	768	-293
	329	533	-204
	219	330	-111
	329	405	-76
	110	183	-73
	261	196	65
	130	113	17
	782	598	184
	782	674	108
	989	928	61
	1,319	1,096	223
	792	655	137
	660	535	125
	66	54	12
	2,414	1,435	979
	2,539	2,312	227
	1,488	822	666
	186	110	76
	2,170	1,786	384
	188	106	82
	563	312	251
	1,125	616	509
	1,020	651	369
	1,687	1,720	-33
	56	56
	346	217	129
	692	434	258
	1,763	1,755	8
	569	575	-6
	1,176	1,051	125
	1,198	1,358	-160
	998	1,068	-70
	1,148	857	291
	1,090	668	422
	816	863	-47
	816	886	-70
	770	468	302
	2,699	695	2,004
	827	857	-30
	1,048	1,122	-74
	6	6
	54	55	-1
	1,634	1,744	-110
	545	571	-26
	3,153	1,353	1,800
	191	100	91
	1,209	633	576
	1,336	867	469
	573	361	212
	64	41	23
	636	333	303
	4,925	1,520	3,405
	1,243	670	573
	2,321	1,259	1,062
	2,865	2,312	553
	1,409	804	605
	391	191	200
	1,464	1,386	78
	2,166	2,098	68
	351	346	5
	2,625	1,231	1,394
	2,779	702	2,077
	1,901	829	1,072
	3,784	2,516	1,268
	2,287	2,628	-341
	431	488	-57
	2,404	526	1,878
	433	488	-55
	946	219	727
	237	58	179
	503	472	31
	2,552	2,131	421
	419	354	65
	558	468	90
	1,092	631	461
	1,638	966	672
	402	354	48
	134	119	15
	406	356	50
	400	356	44
	267	240	27
	954	740	214
	252	193	59
	6,470	6,047	423
	537	411	126
	519	405	114
	1,184	903	281
	108	87	21
	612	465	147
	415	360	55
	138	119	19
	1,327	1,362	-35
	1,613	1,618	-5
	419	358	61
	280	240	40
	140	118	22
	280	237	43
	280	237	43
	31		31
	648	476	172
	735	678	57
	1,433	1,315	118
	1,010	736	274
	436	319	117
	1,760	1,497	263
	196	169	27
	756	609	147
	497	371	126
	119	87	32
	390	333	57
	6		6
	279	224	55
	717	585	132
	797	561	236
	153	118	35
	307	237	70
	592	473	119
	148	119	29
	596	474	122
	298	239	59
	1,876	1,694	182
	911	1,219	-308
	1,676	2,367	-691
	747	1,110	-363
	448	618	-170
	987	1,131	-144
	494	584	-90
	606	244	362
	997	792	205
	1,662	1,413	249
	127	49	78
	2,475	1,003	1,472
	444	190	254
	786	296	490
	306	239	67
	153	119	34
	467	357	110
	311	236	75
	156	124	32
	156	125	31
	538	457	81
	2,730	2,401	329
	1,038	915	123
	159	126	33
	795	632	163
	318	251	67
	926	859	67
	926	859	67
	1,111	979	132
	1,593	1,464	129
	781	596	185
	469	378	91
	2,959	2,442	517
	2,959	2,464	495
	1,480	1,008	472
	1,186	1,042	144
	363	501	-138
	767	1,054	-287
	686	1,064	-378
	121	158	-37
	444	678	-234
	3,439	766	2,673
	2,193	1,059	1,134
	219	113	106
	1,772	1,339	433
	443	333	110
	539	518	21
	1,078	803	275
	1,047	1,021	26
	364	345	19
	473	497	-24
	903	970	-67
	860	1,056	-196
	754	271	483
	2,574	1,763	811
	1,175	419	756
	92	63	29
	3,315	3,333	-18
	82	90	-8
	2,289	1,248	1,041
	92	67	25
	79	57	22
	184	133	51
	13	11	2
	184	133	51
	20	17	3
	66	54	12
	53	43	10
	79	64	15
	105	76	29
	145	105	40
	269	217	52
	54	42	12
	168	142	26
	175	147	28
	309	236	73
	13	11	2
	87	74	13
	145	94	51
	62	51	11
	460	412	48
	230	207	23
	2,604	1,643	961
	726	709	17
	519	507	12
	1,245	1,090	155
	1,349	1,192	157
	1,453	1,274	179
	234	207	27
	701	627	74
	234	210	24
	458	420	38
	115	105	10
	9,966	2,133	7,833
	8,192	1,696	6,496
	3,333	2,081	1,252
	1,859	1,100	759
	620	340	280
	1,033	838	195
	207	115	92
	413	330	83
	793	811	-18
	609	503	106
	478	330	148
	861	655	206
	191	147	44
	96	101	-5
	1,191	883	308
	99	73	26
	152	61	91
	683	222	461
	548	526	22
	1,454	577	877
	77	31	46
	334	315	19
	445	420	25
	925	373	552
	572	513	59
	114	104	10
	686	631	55
	894	834	60
	335	309	26
	337	309	28
	2,192	465	1,727
	850	342	508
	4,614	4,163	451
	1,154	1,051	103
	859	342	517
	78	31	47
	468	194	274
	1,984	1,818	166
	1,450	1,327	123
	913	563	350
	1,957	1,192	765
	278	244	34
	1,310	1,160	150
	5,438	5,872	-434
	761	819	-58
	1,148	893	255
	690	416	274
	1,519	903	616
	6,334	841	5,493
	2,100	286	1,814
	2,100	281	1,819
	1,695	1,537	158
	760	164	596
	2,897	1,511	1,386
	129	205	-76
	800	1,299	-499
	2,257	1,669	588
	476	276	200
	159	99	60
	2,819	1,499	1,320
	719	676	43
	629	502	127
	1,887	1,502	385
	277	188	89
	277	186	91
	508	346	162
	508	344	164
	277	166	111
	369	247	122
	231	152	79
	138	67	71
	692	334	358
	2,840	2,613	227
	1,961	1,471	490
	840	632	208
	412	331	81
	960	771	189
	274	220	54
	1,955	1,195	760
	1,836	419	1,417
	1,071	246	825
	306	72	234
	149	126	23
	638	531	107
	2,382	1,085	1,297
	1,056	414	642
	479	108	371
	6,461	1,444	5,017
	205	106	99
	867	444	423
	1,283	554	729
	73	47	26
	145	113	32
	290	230	60
	435	345	90
	965	574	391
	965	598	367
	1,143	766	377
	909	488	421
	864	496	368
	1,469	1,522	-53
	2,165	687	1,478
	1,725	1,805	-80
	1,770	460	1,310
	544	391	153
	469	333	136
	380	327	53
	234	196	38
	843	689	154
	843	694	149
	843	694	149
	2,224	1,891	333
	920	776	144
	1,842	1,609	233
	1,305	1,099	206
	230	192	38
	419	468	-49
	1,248	1,404	-156
	743	819	-76
	1,751	1,170	581
	2,694	1,592	1,102
	1,077	974	103
	404	238	166
	1,212	1,055	157
	1,481	1,024	457
	5,001	4,996	5
	1,847	1,544	303
	477	463	14
	79	67	12
	104	127	-23
	417	468	-51
	730	820	-90
	517	588	-71
	1,447	1,799	-352
	309	252	57
	618	659	-41
	208	69	139
	2,289	856	1,433
	514	420	94
	1,098	806	292
	2,966	1,653	1,313
	1,756	920	836
	2,468	2,222	246
	955	821	134
	239	232	7
	1,197	766	431
	239	205	34
	638	506	132
	958	823	135
	80	63	17
	1,416	650	766
	263	122	141
	1,228	594	634

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			-264
b			-27
c			-465
d			-416
e			-122
			-22
			-28
			-140



			470
			68
			269
			37
			-125
			-122
			-225
			-596
			-293
			-204
			-111
			-76
			-73
			65
			17
			184
			108
			61
			223
			137
			125
			12
			979
			227
			666
			76
			384
			82
			251
			509
			369
			-33

			129
			258
			8
			-6
			125
			-160
			-70
			291
			422
			-47
			-70
			302
			2,004
			-30
			-74

			-1
			-110
			-26
			1,800
			91
			576
			469
			212
			23
			303
			3,405
			573
			1,062
			553
			605
			200
			78
			68
			5
			1,394
			2,077
			1,072
			1,268
			-341
			-57
			1,878
			-55
			727
			179
			31
			421
			65
			90
			461
			672
			48
			15
			50
			44
			27
			214
			59
			423
			126
			114
			281
			21
			147
			55
			19
			-35
			-5
			61
			40
			22
			43
			43
			31
			172
			57
			118
			274
			117
			263
			27
			147
			126
			32
			57
			6
			55
			132
			236
			35
			70
			119
			29
			122
			59
			182
			-308
			-691
			-363
			-170
			-144
			-90
			362
			205
			249
			78
			1,472
			254
			490
			67
			34
			110
			75
			32
			31
			81
			329
			123
			33
			163
			67
			67
			67
			132
			129
			185
			91
			517
			495
			472
			144
			-138
			-287
			-378
			-37
			-234
			2,673
			1,134
			106
			433
			110
			21
			275
			26
			19
			-24
			-67
			-196
			483
			811
			756
			29
			-18
			-8
			1,041
			25
			22
			51
			2
			51
			3
			12
			10
			15
			29
			40
			52
			12
			26
			28
			73
			2
			13
			51
			11
			48
			23
			961
			17
			12
			155
			157
			179
			27
			74
			24
			38
			10
			7,833
			6,496
			1,252
			759
			280
			195
			92
			83
			-18
			106
			148
			206
			44
			-5
			308
			26
			91
			461
			22
			877
			46
			19
			25
			552
			59
			10
			55
			60
			26
			28
			1,727
			508
			451
			103
			517
			47
			274
			166
			123
			350
			765
			34
			150
			-434
			-58
			255
			274
			616
			5,493
			1,814
			1,819
			158
			596
			1,386
			-76
			-499
			588
			200
			60
			1,320
			43
			127
			385
			89
			91
			162
			164
			111
			122
			79
			71
			358
			227
			490
			208
			81
			189
			54
			760
			1,417
			825
			234
			23
			107
			1,297
			642
			371
			5,017
			99
			423
			729
			26
			32
			60
			90
			391
			367
			377
			421
			368
			-53
			1,478
			-80
			1,310
			153
			136
			53
			38
			154
			149
			149
			333
			144
			233
			206
			38
			-49
			-156
			-76
			581
			1,102
			103
			166
			157
			457
			5
			303
			14
			12
			-23
			-51
			-90
			-71
			-352
			57
			-41
			139
			1,433
			94
			292
			1,313
			836
			246
			134
			7
			431
			34
			132
			135
			17
			766
			141
			634

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	111,939
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	1,684
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,684
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,684
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	1,532
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,532
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	152
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

BANK OF AMERICA NA Telephone no. bullet

(609) 274-6834

Located at bullet

114 W 47TH ST NY8-114-07-07NEW YORKNY ZIP+4 bullet

100361510

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
BANK OF AMERICA N A	CO-TRUSTEE 2	17,444
114 W 47TH ST NY8-114-07-07 NEW YORK,NY100361510	CO-TRUSTEE 2	17,444
LENORA PANARO	TRUST BOARD MEMBER 1	0
44 WILBURTHA ROAD EWING,NJ08628	TRUST BOARD MEMBER 1	0
MICHAEL J SAILE ESQ	TRUST BOARD MEMBER 1	0
403 EXECUTIVE DRIVE LANGHORN,PA19047	TRUST BOARD MEMBER 1	0
MARY LOU KRAMLI	TRUST BOARD MEMBER 1	0
10 MIDDLE ROAD NEW HOPE,PA18938	TRUST BOARD MEMBER 1	0
ANITA LEMBO	TRUST BOARD MEMBER 1	0
3301 CHURCHILL FARM ROAD DAVIDSONVILLE,MD20135	TRUST BOARD MEMBER 1	0
TONY LEMBO	TRUST BOARD MEMBER 1	0
3301 CHURCHILL FARM ROAD DAVIDSONVILLE,MD20135	TRUST BOARD MEMBER 1	0
CATHERINE S COURTNEY	TRUST BOARD MEMBER 1	0
11570 POPES HEAD VIEW LANE FAIRFAX,VA22030	TRUST BOARD MEMBER 1	0
MARY CLARE MURRAY	TRUST BOARD MEMBER 1	0
7307 IDYLBROOK COURT FALLS CHURCH,VA22043	TRUST BOARD MEMBER 1	0
WILL COURTNEY	TRUST BOARD MEMBER 1	0
15 BAYARD ST APT 2 BOSTON,MA02134	TRUST BOARD MEMBER 1	0
KATIE SCALIA	TRUST BOARD MEMBER 1	0
202 PLEASANT ST SW VIENNA,VA22180	TRUST BOARD MEMBER 1	0
NINO SCALIA	TRUST BOARD MEMBER 1	0
1431 28TH STREET S APT 1 ARLINGTON,VA22206	TRUST BOARD MEMBER 1	0
GRACE ELLEN MURRAY	TRUST BOARD MEMBER 1	0
7307 IDYLBROOK COURT FALLS CHURCH,VA22043	TRUST BOARD MEMBER 1	0
MEG BRYCE	TRUST BOARD MEMBER 1	0
100 APPLE LANE CHARLOTTESVILLE,VA22903	TRUST BOARD MEMBER 1	0

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...................				0

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,010,720

Average of monthly cash balances.......................

89,135

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,099,855

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,099,855

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

16,498

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,083,357

Minimum investment return. Enter 5% of line 5..................

54,168

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.)

Minimum investment return from Part X, line 6....................

54,168

Tax on investment income for 2020 from Part VI, line 5......

1,684

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

1,684

Distributable amount before adjustments. Subtract line 2c from line 1............

52,484

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

52,484

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

52,484

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

40,466

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

40,466

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

40,466

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)

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					52,484
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				3,696
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: $ 40,466
a Applied to 2019, but not more than line 2a				3,696
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.....					36,770
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 ..........					15,714
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

LEONORA PANARO

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Jill's House Inc 9011 LEESBURG PIKE Vienna,VA22182	NONE	PC	GENERAL OPERATING PURPOSE	20,000
The Arc of Northern Virginia 2755 HARTLAND ROAD SUITE 200 SUIT Falls Church,VA22043	NONE	PC	GENERAL OPERATING PURPOSE	10,000
Total ................................. 3a				30,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	16,549
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	111,939
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	68
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				128,556

13Total. Add line 12, columns (b), (d), and (e)..................

128,556

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
06406FAD5 BANK OF NY MELLON CO	3,997	4,161
46625HJX9 JPMORGAN CHASE & CO	8,170	8,725
6174468Q5 MORGAN STANLEY	6,096	6,236
437076BW1 HOME DEPOT INC	9,578	10,322
68389XBM6 ORACLE CORP	9,101	9,485
949746SA0 WELLS FARGO & COMPAN	5,009	5,022
035240AV2 ANHEUSER-BUSCH INBEV	5,343	5,456
377372AL1 GLAXOSMITHKLINE CAPI	9,169	9,550
931142EK5 WALMART INC
025816CC1 AMERICAN EXPRESS CO	9,153	9,719
05531FBB8 BB&T CORPORATION	9,169	9,651
037833CJ7 APPLE INC	9,355	9,954
172967FT3 CITIGROUP INC	3,956	4,118
912810SR0 U.S. TREASURY BOND	4,896	5,015
912828M56 U.S. TREASURY NOTE	17,686	18,145
91282CAR2 U.S. TREASURY NOTE	6,001	6,000
912810QU5 U.S. TREASURY BOND 3	13,907	15,105
912810SA7 U.S. TREASURY BOND	10,675	10,293
3135G0K36 FEDERAL NATL MTG ASS	9,060	9,549
912810SW9 U.S. TREASURY BOND	4,936	4,753
912828X88 U.S. TREASURY NOTE	10,187	10,742
912810SH2 U.S. TREASURY BOND	9,719	10,094
20030NDM0 COMCAST CORP	7,921	7,729
912810SP4 U.S. TREASURY BOND	5,529	4,803
912828YH7 U.S. TREASURY NOTE	11,010	11,390
9128285M8 U.S. TREASURY NOTE	8,398	8,998
9128284R8 U.S. TREASURY NOTE	5,180	5,455
05526DBS3 BAT CAPITAL CORP	10,895	10,540

Name of Stock	End of Year Book Value	End of Year Fair Market Value
91324P102 UNITEDHEALTH GROUP I	12,229	26,720
92343V104 VERIZON COMMUNICATIO
00130H105 AES CORP/VA
036752103 ANTHEM INC	12,252	15,934
23331A109 DR HORTON INC
269246401 E*TRADE FINANCIAL CO
548661107 LOWES COMPANIES INC	4,275	8,635
874039100 TAIWAN SEMICONDUCTOR	6,694	20,430
12508E101 CDK GLOBAL INC	13,551	13,719
02079K107 ALPHABET INC SHS	6,691	28,921
192446102 COGNIZANT TECHNOLOGY
655844108 NORFOLK SOUTHERN COR	6,752	14,520
67103H107 O'REILLY AUTOMOTIVE	6,720	11,610
68902V107 OTIS WORLDWIDE CORP	6,039	9,889
80105N105 SANOFI-SYNTHELABO	12,568	13,930
89832Q109 TRUIST FINL CORP
02005N100 ALLY FINANCIAL INC	9,099	16,361
084670702 BERKSHIRE HATHAWAYIN	16,885	25,295
256677105 DOLLAR GENERAL CORP	12,492	13,100
717081103 PFIZER INC
02079K305 ALPHABET INC SHS	4,454	28,242
023135106 AMAZON COM INC	30,986	48,544
05523R107 BAE SYSTEMS PLC	10,654	11,176
17275R102 CISCO SYSTEMS INC	12,037	19,448
20030N101 COMCAST CORP	9,676	22,853
20825C104 CONOCOPHILLIPS	13,220	13,808
74762E102 QUANTA SERVICES INC	4,814	13,336
902973304 US BANCORP DEL
037833100 APPLE INC	9,417	36,940
172967424 CITIGROUP INC
778296103 ROSS STORES INC	8,001	12,439
931142103 WAL MART STORES INC
35137L105 FOX CORP	8,042	10,029
60871R209 MOLSON COORS BREWING
01609W102 ALIBABA GROUP HOLDIN	8,195	10,393
09857L108 BOOKING HLDGS INC
166764100 CHEVRONTEXACO CORP
30303M102 FACEBOOK INC	18,249	29,257
37045V100 GENERAL MOTORS CO	11,792	21,458
46625H100 J P MORGAN CHASE & C	7,323	21,072
500472303 KONINKLIJKE PHILIPS	7,156	10,252
754730109 RAYMOND JAMES FINANC
770323103 ROBERT HALF INTERNAT	8,741	17,084
904784709 UNILEVER NV
02209S103 ALTRIA GROUP INC
055622104 BP P L C SPONS ADR	9,980	6,667
92826C839 VISA INC	24,757	30,596
09062X103 BIOGEN IDEC INC	6,917	6,416
22052L104 DOWDUPONT INC	12,912	23,259
256746108 DOLLAR TREE INC	14,774	17,465
34959J108 FORTIVE CORP	8,950	10,552
443510607 HUBBELL INC
50540R409 LABORATORY CORP AMER	11,078	20,738
594918104 MICROSOFT CORP COM	12,198	54,723
670100205 NOVO NORDISK A/S ADR	5,372	8,061
835699307 SONY CORP ADR AMERN
12541W209 CH ROBINSON WORLDWID	8,806	8,931
191216100 COCA-COLA CO/THE	10,818	11,714
92857W308 VODAFONE GROUP PLC	11,004	15,122
444859102 HUMANA INC	6,482	6,679
45866F104 INTERCONTINENTAL EXC	11,394	12,242
617446448 MORGAN STANLEY	11,009	18,987
14040H105 CAPITAL ONE FINANCIA	10,685	15,653
98156Q108 WORLD WRESTLING ENTE	5,257	5,456
G0750C108 AXALTA COATING SYSTE	8,584	11,576
171779309 CIENA CORP	6,435	6,763
26884L109 EQT CORP	8,999	9,646
31620M106 FIDELITY NATL INFO S	9,950	10,397
904767704 UNILEVER PLC AMER SH	12,978	13,447
517834107 LAS VEGAS SANDS CORP	7,268	7,412
12504L109 CBRE GROUP INC	5,636	9,798
339041105 FLEETCOR TECHNOLOGIS	10,923	12,372
922475108 VEEVA SYS INC	6,368	6,496
038222105 APPLIED MATERIALS IN	10,327	22,561
12514G108 CDW CORP/DE	4,427	4,993

Category	Amount	Net Investment Income
FOREIGN TAXES	303	303
FEDERAL TAX PAYMENT - PRIOR YE	397	0
FEDERAL ESTIMATES - PRINCIPAL	1,532	0

Description	Amount
GAIN ON CY SALES NOT SETTLED AT YEAR END	1,540
LOSS ON PY SALES SETTLED IN CY	203