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
JAMES C ACHESON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)405 WATER ST SUITE 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORT HURON, MI48060
A Employer identification number

38-3463509
B Telephone number (see instructions)

(810) 966-0900
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$17,631,841J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 162 162  
4 Dividends and interest from securities... 217,965 217,965  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 474,676
b Gross sales price for all assets on line 6a 4,326,261
7 Capital gain net income (from Part IV, line 2)... 493,843
8 Net short-term capital gain.........  
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)....... Click to see attachment 65,415   65,415
12 Total. Add lines 1 through 11........ 758,218 711,970 65,415
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 108,000     108,000
15 Pension plans, employee benefits....... 8,395     8,395
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 19,091     19,091
c Other professional fees (attach schedule).... Click to see attachment 81,490 81,490    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,725 4,631   13,755
19 Depreciation (attach schedule) and depletion... Click to see attachment 35,016   35,016
20 Occupancy.............. 19,462   19,462  
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 169,483   162,537 6,946
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 472,662 86,121 217,015 156,187
25 Contributions, gifts, grants paid....... 613,166 613,166
26 Total expenses and disbursements. Add lines 24 and 25 1,085,828 86,121 217,015 769,353
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -327,610
b Net investment income (if negative, enter -0-) 625,849
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 360,555 272,376 272,376
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).....      
7 Other notes and loans receivable (attach schedule) bullet538,640
Less: allowance for doubtful accounts bullet   566,264 Click to see attachment538,640 538,640
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,483,144 Click to see attachment1,215,926 1,289,534
b Investments—corporate stock (attach schedule)....... 6,075,573 Click to see attachment5,827,624 8,072,622
c Investments—corporate bonds (attach schedule)....... 768,764 Click to see attachment1,104,636 1,208,669
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,250,000 Click to see attachment6,250,000 6,250,000
14 Land, buildings, and equipment: basis bullet1,188,286
Less: accumulated depreciation (attach schedule) bullet99,196 1,121,603 Click to see attachment1,089,090  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,625,903 16,298,292 17,631,841
Liabilities 17 Accounts payable and accrued expenses.......... 10,455 10,454
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 10,455 10,454
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    
28 Retained earnings, accumulated income, endowment, or other funds 16,615,448 16,287,838
29 Total net assets or fund balances (see instructions)..... 16,615,448 16,287,838
30 Total liabilities and net assets/fund balances (see instructions). 16,625,903 16,298,292
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
16,615,448
2
Enter amount from Part I, line 27a .....................
2
-327,610
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
16,287,838
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,287,838
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 RJ 261 CORPORATE BONDS STCG P    
b RJ 261 CORPORATE BONDS LTCG P    
c RJ 261 RETURN OF CAPITAL P    
d RJ 166 CORPORATE BONDS STCG P    
e RJ 166 CORPORATE BONDS LTCG P    
RJ 320 CORPORATE BONDS STCG P    
RJ 320 CORPORATE BONDS LTCG P    
RJ 256 CORPORATE BONDS STCG P    
RJ 256 CORPORATE BONDS LTCG P    
RJ 795 CORPORATE BONDS STCG P    
RJ 795 CORPORATE BONDS LTCG P    
RJ 795 CORPORATE BONDS LTCG P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 65,963   67,201 -1,238
b 555,442   495,850 59,592
c 312,374   312,374  
d 182,973   199,764 -16,791
e 605,237   486,848 118,389
184,244   151,361 32,883
600,002   449,542 150,460
412,499   449,688 -37,189
740,236   586,014 154,222
141,582   141,943 -361
524,129   491,833 32,296
1,234     1,234
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       -1,238
b       59,592
c        
d       -16,791
e       118,389
      32,883
      150,460
      -37,189
      154,222
      -361
      32,296
      1,234
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 2 493,843
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 -22,696
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 8,699
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 8,699
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 8,699
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 11,123
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,123
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 11
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 7,413
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,413 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    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 addressbulletWWW.GUIDESTAR.COM
    14
    The books are in care ofbulletJAMES C ACHESON FOUNDATION Telephone no.bullet (810) 966-0900

    Located atbullet405 WATER STREETSUITE 200PORT HURONMI ZIP+4bullet48060
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JAMES C ACHESON PRESIDENT
    000.00     		0 0 0
    405 WATER ST STE 200
    PORT HURON,MI48060
    DONNA M NIESTER SEC/TREASURE
    000.00     		0 0 0
    405 WATER ST STE 200
    PORT HURON,MI48060
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    RAYMOND JAMES BROKERAGE INVESTMENT SERV 81,490
    1090 N MONROE ST
    MONROE,MI48162
    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 MCLAREN HOSPITAL PORT HURON - PROVIDE SUPPORT FOR THE CATH LAB AND MCLAREN BIRTH PLACE 110,000
    2 COMMUNITY FOUNDATION OF ST. CLAIR COUNTY - PROVIDE OPERATIONAL SUPPPORT AND GRANTS FOR LOCAL PROGRAMMING 90,563
    3 BLUE WATER COMMUNITY ACTION AGENCY - PROVIDE OPERATIONAL SUPPORT 66,700
    4 STUDIO 1219 - PROVIDE OPERATIONAL SUPPORT 59,750
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,810,367
    b
    Average of monthly cash balances.......................
    1b
    119,792
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,627,729
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,557,888
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    11,557,888
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    173,368
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,384,520
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    569,226
    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
    569,226
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,699
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,699
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    560,527
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    560,527
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    560,527
    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
    769,353
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    769,353
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    769,353
    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 7 560,527
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 103,116
    b From 2016...... 361,123
    c From 2017...... 104,816
    d From 2018...... 228,719
    e From 2019...... 68,573
    fTotal of lines 3a through e........ 866,347
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 769,353
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 560,527
    e Remaining amount distributed out of corpus 208,826
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,075,173
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		103,116
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		972,057
    10 Analysis of line 9:
    a Excess from 2016.... 361,123
    b Excess from 2017.... 104,816
    c Excess from 2018.... 228,719
    d Excess from 2019.... 68,573
    e Excess from 2020.... 208,826
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CLUVER GIRLS EVENTS
    1300 ACADEMY RD
    CULVER,IN46511     		  509 (A) GENERAL SUPPORT 1,000
    COAST GUARD FOUNDATION
    394 TAUGWONK ROAD
    STONINGTON,CT06378     		  509 (A) GENERAL SUPPORT 1,000
    FAY SCHOOL
    48 MAIN STREET
    SOUTHBOROUGH,MA01772     		  509 (A) GENERAL SUPPORT 1,000
    OPERATION TRANSFORMATION
    1904 POPLAR ST
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 1,500
    PORT HURON MUSEUM
    1115 SIXTH STREET
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 40,000
    PORT HURON RECREATION
    2829 ARMOUR
    PORT HURON,MI48060     		  509 (A) COMMUNITY PROGRAM 25,000
    SONS
    2015 NERN ST 89
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 19,000
    ST BERNARD SCHOOL
    4 EAST 98TH ST
    NEW YORK,NY10029     		  509 (A) GENERAL SUPPORT 1,000
    STUDIO 1219
    1219 MILITARY STREET
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 59,750
    ELECTROCHEMICAL SOCIETY
    65 SOUTH MAIN STREET
    BUILDING D
    PENNINGTON,NJ085342839     		  509(A) GENERAL SUPPORT 1,000
    MID-CITY NUTRITION
    805 CHESTNUT ST
    PORT HURON,MI48060     		  509(A) GENERAL SUPPORT 3,500
    UNITED WAY OF ST CLAIR
    1723 MILITARY STREET
    PORT HURON,MI48060     		  501(C)(3) GENERAL SUPPORT 5,000
    MCLAREN BIRTHPLACE
    1201 STONE STREET
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 60,000
    PORT HURON AREA SCHOOL DISTRICT
    PO BOX 5013
    PORT HURON,MI48060     		  509 (A) GENERAL SUPPORT 10,000
    CITIZENS FOR A VIBRANT COMMUNITY
    1419 15TH STREET
    PORT HURON,MI48060     		  501(C)3 GENERAL SUPPORT 5,000
    COMMUNITY FOUNDATION OF ST CLAIR C
    500 WATER STREET
    PORT HURON,MI48060     		  501(C)3 GENERAL SUPPORT 90,563
    YMCA
    1525 3RD STREET
    PORT HURON,MI48060     		  501(C)3 GENERAL SUPPORT 5,000
    BLUE WATER COMMUNITY ACTION
    302 MICHIGAN
    PORT HURON,MI48060     		  501(C)3 GENERAL SUPPORT 66,700
    DIFFERENCE MAKERS
    723 COURT STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 2,500
    CITY OF PORT HURON -DPS
    100 MCMORRAN AVE
    PORT HURON,MI48060     		    GENERAL SUPPORT 3
    CHARITABLE FOUNDATION
    405 WATER STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 10,000
    ATHLETIC FACTORY
    2865 WESTRICK DRIVE
    PORT HURON,MI48060     		    GENERAL SUPPORT 4,800
    LINCOLN PARK IMPROVEMENTS
    100 MCMORRAN BLVD
    PORT HURON,MI48060     		    GENERAL SUPPORT 25,000
    MCLAREN FOUNDATION- CATH LAB
    1201 STONE STREET SUITE 1
    PORT HURON,MI48060     		    GENERAL SUPPORT 50,000
    ST CLAIR COUNTY CHILD ABUSE
    1107 MILITARY STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 45,000
    NAVY LEAGUE
    2300 WILSON BLVD
    ARLINGTON,VA22201     		    GENERAL SUPPORT 100
    BLUE WATER HABITAT FOR HUMANITY
    PO BOX 610367
    PORT HURON,MI48060     		    GENERAL SUPPORT 5,750
    HOME TOWN HERO PROGRAM PHPD
    100 MCMORRAN BLVD
    PORT HURON,MI48060     		    GENERAL SUPPORT 20,000
    MARWOOD NURSING REHAB
    1300 BEARD STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 2,500
    HUNTER HOSPITALITY HOUSE
    1010 LINCOLN STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 2,200
    PHASD ROBOTICS TEAM
    55 15TH STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 1,500
    PORT HURON POLICE DEPARTMENT
    100 MCMORRAN BLVD
    PORT HURON,MI48060     		    GENERAL SUPPORT 25,000
    OLD NEWS BOYS
    PO BOX 100
    MARYSVILLE,MI48040     		    GENERAL SUPPORT 3,000
    BLUE WATER RECOVERY OUTREACH
    1029 6TH STREET
    PORT HURON,MI48060     		    GENERAL SUPPORT 19,800
    Total .................................bullet 3a 613,166
    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
    aFARMERS MARKET         60,139
    bGREAT LAKES MARITIME CENTER         5,276
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 162  
    4 Dividends and interest from securities....     14 217,965  
    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 ............     		    14 493,843 -19,167
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   711,970 46,248
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    758,218
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A THE VANTAGE POINT FARMER'S MARKET PROVIDES THE CITY OF
    1A PORT HURON AND OUT-OF-TOWN GUESTS WITH A VARIETY OF GOODS
    1A BASED ON THE SEASON. THE MARKET PARTNERS WITH THE STATE
    1A OF MICHIGAN TO PROVIDE HEALTHY AND NUTRITIOUS PRODUCE TO
    1A LOW INCOME FAMILIES IN THE AREA.
    1B THE GREAT LAKES MARITIME CENTER OFFERS A VARIETY OF
    1B OPPORTUNITIES TO LEARN ABOUT THE HISTORY AND CURRENT
    1B EVENTS OF THE GREAT LAKES THRU VIDEO FORMATS, DISPLAYS,
    1B AND SPEAKER PROGRAMS.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL & PROFESSIONAL 19,091     19,091

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    TY 2020 DepreciationSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    VANTAGE POINT TENT 2018-01-01     S/L 5.0000        
    JOHNSON OUTDOORS 4 TENTS 2018-01-01     S/L 5.0000        
    2 - FARMER'S MARKET TENTS 2018-01-01     S/L 5.0000        
    3 - FARMER'S MARKET TENTS 2018-01-01     S/L 5.0000        
    JOHNSON OUTDOORS-TENT 2018-01-01 669 191 S/L 7.0000 96   96  
    JOHNSON OUTDOORS-MKT TENT 2018-01-01 1,957 559 S/L 7.0000 280   280  
    SUNBRELLA'S 6 2018-06-11 1,049 332 S/L 5.0000 210   210  
    SECURITY CAMERA SYSTEM 2019-01-24 4,533 831 S/L 5.0000 907   907  
    JOHNSON OUTDOORS- TENTS 2019-06-04 4,877 569 S/L 5.0000 975   975  
    JOHNSON OUTDOORS- TENTS 2019-06-04 4,257 497 S/L 5.0000 851   851  
    ICE MACHINE 2020-08-04 3,010   200DB 7.0000 430   430  
    OUTSIDE FURNITURE 2018-01-01     S/L 5.0000        
    FRAMED PRINT 2018-01-01     S/L 5.0000        
    GLMC ARTWORK - SHIPWRECK DISPLAY 2018-01-01     S/L 5.0000        
    PC FOR FREIGHTER TRACKING 2018-01-01     S/L 5.0000        
    GLMC COMPUTERS, HARDWARE 2018-01-01     S/L 5.0000        
    OFFICE EQUIPMENT FMV 2018-01-01     S/L 5.0000        
    DELL XPSZ COMPUTER 2018-01-01     S/L 5.0000        
    REPLICA OF LAKE STURGEON 2018-01-01     S/L 7.0000        
    1984 ICE JAM FRAMED & INSTALLED 2018-01-01     S/L 5.0000        
    1984 ICE JAM FRAMED & INSTALLED FMV 2018-01-01     S/L 5.0000        
    DELL XPSZ COMPUTER 2018-01-01     S/L 5.0000        
    DELL XPSZ COMPUTER FMV 2018-01-01     S/L 5.0000        
    2 - DELL OPTIPLEX 790 COMPUTER 2018-01-01     S/L 5.0000        
    REFRIGERATOR/FREEZER 2018-01-01     S/L 5.0000        
    GLMC TABLES REFINISHED 2018-01-01     S/L 5.0000        
    DECORATIVE COATINGS ON 8 PEDESTALS 2018-01-01     S/L 5.0000        
    TABLES & CHAIRS FMV 2018-01-01     S/L 7.0000        
    COAT RACKS FMV 2018-01-01     S/L 5.0000        
    EQUIPMENT FMV 2018-01-01     S/L 5.0000        
    ICE MACHINE FMV 2018-01-01     S/L 5.0000        
    COMPUTER FMV 2018-01-01     S/L 5.0000        
    FURNITURE & FIXTURES FMV 2018-01-01     S/L 5.0000        
    1984 ICE JAM FRAMED & INSTALLED 2018-01-01     S/L 5.0000        
    BUILDING 2018-01-01 806,785 41,374 S/L 39.0000 20,686   20,686  
    REPLICA OF LAKE STURGEON 2018-01-01 89 36 S/L 5.0000 18   18  
    IMPROVEMENTS 2018-01-01 8,435 433 S/L 39.0000 216   216  
    IMPROVEMENTS 2018-01-01 3,463 178 S/L 39.0000 88   88  
    IMPROVEMENTS 2018-01-01 2,798 144 S/L 39.0000 71   71  
    BUILDING 2018-01-01 145,454 7,459 S/L 39.0000 3,730   3,730  
    IMPROVEMENTS 2018-01-01 1,504 77 S/L 39.0000 39   39  
    IMPROVEMENTS 2018-01-01 617 32 S/L 39.0000 15   15  
    IMPROVEMENTS 2018-01-01 494 25 S/L 39.0000 13   13  
    TABLES & CHAIRS 2018-01-01 39 11 S/L 7.0000 6   6  
    TABLES & CHAIRS FMV 2018-01-01 1,970 563 S/L 7.0000 281   281  
    OUTSIDE FURNITURE 2018-01-01 3 1 S/L 7.0000        
    OUTSIDE FURNITURE FMV 2018-01-01 195 56 S/L 7.0000 27   27  
    FRAMED PRINT 2018-01-01 1 1 S/L 7.0000        
    FRAMED PRINT FMV 2018-01-01 58 16 S/L 7.0000 9   9  
    GLMC ARTWORK - SHIPWRECK DISPLAY 2018-01-01 2 1 S/L 7.0000        
    GLMC ARTWORK - SHIPWRECK DISPLAY FMV 2018-01-01 87 25 S/L 7.0000 12   12  
    PC FOR FREIGHTER TRACKING 2018-01-01     S/L 5.0000        
    PC FOR FREIGHTER TRACKING FMV 2018-01-01     S/L 5.0000        
    GLMC ARTWORK - RAILROAD HISTORY DISPLAY 2018-01-01 2 1 S/L 7.0000        
    GLMC ARTWORK - RAILROAD HISTORY DISPLAY FMV 2018-01-01 89 25 S/L 7.0000 13   13  
    FRAMING - TRAIN FERRY PANEL 2018-01-01 1 1 S/L 7.0000        
    FRAMING - TRAIN FERRY PANEL FMV 2018-01-01 21 6 S/L 7.0000 3   3  
    REPLICA OF LAKE STURGEON 2018-01-01 12 3 S/L 7.0000 2   2  
    REPLICA OF LAKE STURGEON FMV 2018-01-01 57 16 S/L 7.0000 9   9  
    BUILDING FMV 209 2018-01-01 105,187 5,394 S/L 39.0000 2,697   2,697  
    IMPROVEMENTS FMV 223 2018-01-01 1,088 56 S/L 39.0000 28   28  
    IMPROVEMENTS FMV 230 2018-01-01 446 23 S/L 39.0000 11   11  
    IMPROVEMENTS FMV 240 2018-01-01 357 18 S/L 39.0000 9   9  
    IMPROVEMENTS 2018-01-01 7,064 362 S/L 39.0000 181   181  
    IMPROVEMENTS 2018-01-01 70,815 3,632 S/L 39.0000 1,815   1,815  
    LED TV 2018-01-01 72 29 S/L 5.0000 14   14  
    DELI EQUIPMENT 2018-11-12 4,815 1,124 S/L 5.0000 963   963  
    IMPROVEMENTS 2018-01-01 6,205 318 S/L 39.0000 159   159  
    DELL OPTIPLEX 7040 COMPUTER 2018-01-01 758 303 S/L 5.0000 152   152  

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    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SUNBRELLA'S 6 2018-06 PURCHASE 2020-12     1,049     -507 542
    COST BASIS ADJUSTMENT   PURCHASE       18,660     -18,660  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Name of Bond End of Year Book Value End of Year Fair Market Value
    RAYMOND JAMES 1,104,636 1,208,669

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RAYMOND JAMES 5,827,624 8,072,622

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    US Government Securities - End of Year Book Value:

    1,215,926
    US Government Securities - End of Year Fair Market Value:

    1,289,534
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DEVELOPMENT AT COST 6,250,000 6,250,000

    TY 2020 LandEtcSchedule2
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      1,188,286 99,196 1,089,090  


    TY 2020 OtherExpensesSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FARMERS MARKET        
    FARMERS MARKET 56,724   56,724  
    GREAT LAKES MARITIME CENTER        
    MEALS & ENTERTAINMENT 4,260   4,260  
    OFFICE EXPENSE - GLMC 22,468   22,468  
    MAINTENANCE & REPAIRS 19,439   19,439  
    JANITORIAL - CLEANING EXPENSE 16,446   16,446  
    LEASED EMPLOYEE EXPENSE 43,200   43,200  
    MERCHANDISE EXPENSE        
    EXPENSES        
    SERVICE CHARGES 32     32
    DUES AND SUBSCRIPTIONS 1,099     1,099
    MEALS AND ENTERTAINMENT 1,940     1,940
    OFFICE EXPENSE 3,875     3,875


    TY 2020 OtherIncomeSchedule2
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FARMERS MARKET 60,139   60,139
    GREAT LAKES MARITIME CENTER 5,276   5,276


    TY 2020 OtherNotesLoansRcvblShortSch2
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Name of 501(c)(3) Organization Balance Due
    YMCA
          		383,977
    EOC - OAK CREST HOMES
          		154,663


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSE 81,490 81,490    


    TY 2020 TaxesSchedule
    Name:
    JAMES C ACHESON FOUNDATION
    EIN:
    38-3463509
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,631 4,631    
    PROPERTY TAX 13,755     13,755
    FEDERAL INCOME TAX 13,339