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 06-01-2020 , and ending 05-31-2021
Name of foundation
WILLIS & MILDRED PELLERIN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KENNER, LA700630400
A Employer identification number

51-0166877
B Telephone number (see instructions)

(504) 467-9591
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$2,079,977J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 6,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 6 6  
4 Dividends and interest from securities... 29,846 29,846  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 94,464
b Gross sales price for all assets on line 6a 1,020,467
7 Capital gain net income (from Part IV, line 2)... 94,464
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).......      
12 Total. Add lines 1 through 11........ 130,316 124,316  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 7,500 750   6,750
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 10,249 10,249   0
17 Interest............... 176 176   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 168 168   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 784 157   627
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,877 11,500   7,377
25 Contributions, gifts, grants paid....... 73,000 73,000
26 Total expenses and disbursements. Add lines 24 and 25 91,877 11,500   80,377
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 38,439
b Net investment income (if negative, enter -0-) 112,816
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............. 1 2 2
2 Savings and temporary cash investments......... 190,698 233,385 233,385
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 263,476 Click to see attachment120,982 120,994
b Investments—corporate stock (attach schedule)....... 915,535 Click to see attachment1,062,106 1,683,453
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 52,451 39,421 39,802
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,767 Click to see attachment2,341 Click to see attachment2,341
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,425,928 1,458,237 2,079,977
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment141 Click to see attachment141
23 Total liabilities (add lines 17 through 22)......... 141 141
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........ 1,425,787 1,458,096
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 1,425,787 1,458,096
30 Total liabilities and net assets/fund balances (see instructions). 1,425,928 1,458,237
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
1,425,787
2
Enter amount from Part I, line 27a .....................
2
38,439
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,464,226
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,130
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,458,096
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 96000 US TREASURY BILL P 2020-02-21 2020-06-11
b 290 SHS CARRIER GOLBAL CORP P   2020-06-17
c 145 SHS OTIS WORLDWIDE CORP P   2020-06-17
d 84000 US TREASURY BILL P 2020-04-15 2020-07-21
e 25000 SHS GE P 2013-07-30 2020-07-15
84000 US TREASURY BILL P 2020-04-15 2020-08-06
101000 US TREASURY BILL P 2020-06-15 2020-09-10
155 SHS AUTO DATA PROCESSING P 2016-11-09 2020-09-25
94000 US TREASURY BILL P 2020-07-23 2020-11-05
60 SHS DANAHER CORP P 2013-01-22 2020-12-07
95 SHS ZOETIS INC P 2014-06-17 2020-12-07
97000 US TREASURY BILL P 2020-08-10 2021-01-21
25000 UNITS PEPSICO INC P 2013-07-30 2021-01-22
145 SHS AGNICO EAGLE MINES P 2017-09-25 2021-01-28
105 SHS STRYKER CORP P   2021-01-28
69000 US TREASURY BILL P 2020-09-14 2021-02-25
CSFB 2005-10 6A3 PCPL PAYTS P 2005-10-19 2021-02-01
99000 US TREASURY BILL P 2020-11-09 2021-03-25
305 SHS LEIDOS HOLDINGS INC P 2020-09-25 2021-02-25
GNR 2004 37 B P 2004-04-29 2021-03-01
250 SHS ELECTRONIC ARTS INC P 2019-12-27 2021-04-19
125 SHS MICROSOFT CORP P   2021-04-19
GNR 2004 37 B P 2004-04-29 2021-04-01
3000 SHS MURPHY OIL CORP P 2018-08-06 2021-04-04
17000 SHS MURPHY OIL CORP P 2018-08-06 2021-04-04
25000 SHS MURPHY OIL CORP P 2018-08-07 2021-04-04
CSFB 2005-10 6A3 P 2005-10-19 2021-05-01
GNR 2004 37 B P 2004-04-29 2021-05-01
CSFB 2005-10 6A3 P 2005-10-19 2021-01-01
GNR 2004 37 B P 2004-04-29 2021-01-01
RETURN OF PRCL PAYTS ADJUSTMENT 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 95,574   95,574 0
b 6,275   3,980 2,295
c 8,295   5,567 2,728
d 83,957   83,957 0
e 25,977   24,187 1,790
83,945   83,945 0
100,962   100,962 0
20,586   13,971 6,615
93,970   93,970 0
13,589   2,767 10,822
15,046   3,100 11,946
96,956   96,956 0
25,363   25,022 341
10,056   6,833 3,223
24,312   5,517 18,795
68,965   68,965 0
114   131 -17
98,968   98,968 0
27,125   27,704 -579
1,110   1,110 0
34,966   27,127 7,839
32,396   3,384 29,012
509   509 0
3,124   3,002 122
18,258   17,109 1,149
26,850   25,125 1,725
91   91 0
376   376 0
375   375 0
671   671 0
1,706   5,048 -3,342
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       0
b       2,295
c       2,728
d       0
e       1,790
      0
      0
      6,615
      0
      10,822
      11,946
      0
      341
      3,223
      18,795
      0
      -17
      0
      -579
      0
      7,839
      29,012
      0
      122
      1,149
      1,725
      0
      0
      0
      0
      -3,342
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 94,464
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,568
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 1,568
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 1,568
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 900
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 900
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 668
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletLA
    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 addressbulletN/A
    14
    The books are in care ofbulletLEGLUE COMPANY CPAS LLC Telephone no.bullet (504) 586-0581

    Located atbullet1100 POYDRAS STREET SUITE 2850NEW ORLEANSLA ZIP+4bullet701632850
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet2019, 2018, 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
    Yes
     
    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
     
    No
    .........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
    DR GERALD L FORET TRUSTEE
    0.00     		0 0 0
    PO BOX 547
    FRANKLINTON,LA70438
    BRIAN LEFTWICH TRUSTEE
    0.00     		0 0 0
    1100 POYDRAS SUITE 1500
    NEW ORLEANS,LA70163
    RAY PELLERIN TRUSTEE
    0.00     		0 0 0
    455 TAUZIN ST
    BREAUX BRIDGE,LA70517
    JAMES W PELLERIN TRUSTEE
    0.00     		0 0 0
    PO BOX 400
    KENNER,LA70063
    CURTIS A PELLERIN TRUSTEE
    0.00     		0 0 0
    PO BOX 400
    KENNER,LA70063
    MARK R MUNSON TRUSTEE
    0.00     		0 0 0
    1100 POYDRAS SUITE 2850
    NEW ORLEANS,LA70163
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,772,607
    b
    Average of monthly cash balances.......................
    1b
    127,622
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,054
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,903,283
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,903,283
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    28,549
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,874,734
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    93,737
    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
    93,737
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,568
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,568
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    92,169
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    92,169
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    92,169
    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
    80,377
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    80,377
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    80,377
    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 92,169
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 88,687
    b Total for prior years:2018, 20, 20 17,434
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 80,377
    a Applied to 2019, but not more than line 2a 80,377
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 0
    e Remaining amount distributed out of corpus 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 ..........     		17,434
    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 ...........     		17,434
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		8,310
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		92,169
    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....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    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 e-mail address of the person to whom applications should be addressed:
    MRS LYNNE HOTFELTER WILLIS AND MILD
    PO BOX 400
    KENNER,LA700630400
    (504) 467-9591
    bThe form in which applications should be submitted and information and materials they should include:
    CANDIDATES MUST SUBMIT A COMPLETED APPLICATION ALONG WITH HANDWRITTEN EXPLANATION OF NEED FOR THE SCHOLARSHIP BENEFITS. FOUR LETTERS OF RECOMMENDATION, A GLOSSY PHOTO,CERTIFICATION OF GRADES UP-TO-DATE, AND EVIDENCE BY AN OFFICIAL OF THE SCHOOL OR UNIVERSITY THAT GIVES ASSURANCE OF THE CANDIDATE'S ACCEPTANCE FOR ENROLLMENT SHOULD ALSO BE ENCLOSED IN THE APPLICATION.
    cAny submission deadlines:
    180 DAYS PRIOR TO THE BEGINNING OF THE SCHOOL TERM THE CANDIDATE PROPOSES TO ATTEND.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO SCHOLARSHIP BENEFIT FROM THE FOUNDATION SHALL BE GRANTED OR ALLOWED THAT BENEFITS IN ANY WAY THE IMMEDIATE MEMBERS OF THE DESCENDANTS OF WILLIS AND MILDRED PELLERIN, OR DESCENDANTS OF THE MEMBERS OF THE BOARD OF TRUSTEES OR MEMBERS OF THE ADVISORY BOARD. DISENROLLMENT OF A STUDENT RECEIVING SCHOLARSHIP BENEFITS SHALL TERMINATE AND CANCEL ALL SCHOLARSHIP BENEFITS. IT WILL ALSO MAKE ANY PORTION DUE THE FOUNDATION TO BE DUE AND PAYABLE. THE BENEFITS OF THIS FOUNDATION ARE FOR LOUISIANA HIGH SCHOOL AND COLLEGE STUDENTS IN PURSUIT OF A COLLEGE EDUCATION IN A LOUISIANA COLLEGE OR UNIVERSITY THAT QUALIFIES UNDER SECTION 117(A) OF THE INTERNAL REVENUE CODE.
    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
    CLAIRE AYDELL
    8113 SERENITY BLVD
    DENHAM SPRINGS,LA70706     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    GRADY BEAUBOEUF
    2424 COULEE CROSSING RD
    WOODWORTH,LA71485     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    KATHERINE BLACKWELL
    1016 CHIPPENHAM DRIVE
    BATON ROUGE,LA70808     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,600
    SOPHIE BRADY
    1023 FOUCHER STREET
    NEW ORLEANS,LA70115     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    RANDY CARTER JR
    1513 HARING ROAD
    METAIRIE,LA70001     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    CONNOR COMEAUX
    2020 HAMILTON STREET
    FRANKLINTON,LA70438     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,800
    GRANT COOPER
    4446 STILLMEADOW LANE
    PINEVILLE,LA71360     		NONE INDIVDUAL TO ASSIST QUALIFED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    GRACIE COURVILLE
    1130 HUVAL ROAD
    BREAUX BRIDGE,LA70517     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    GAVAN COURVILLE
    1130 HUVAL ROAD
    BREAUX BRIDGE,LA70517     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    CAILEE FRUGE
    43534 C E STAFFORD ROAD
    FRANKLINTON,LA70438     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,800
    BROOKS HEBERT
    100 SETTLERS TRACE BLVD
    LAFAYETTE,LA70508     		NONE INDIVDUAL TO ASSIST QUALFIED STUDENTS IN FURTHERING THEIR EDUCATION 1,600
    ADDIE LALONDE
    207 SOUTH MILLS STREET
    ARNAUDVILLE,LA70512     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    JULIA LAPEROUSE
    404 LIPPI BLVD
    LAFAYETTE,LA70508     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    MADELINE LAPEROUSE
    404 LIPPI BLVD
    LAFAYETTE,LA70508     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    CLAIRE LAVASTIDA
    12730 ROAN AVE
    BATON ROUGE,LA70810     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 1,600
    EMMA LEBOUEF
    120 FIELDCREST PARKWAY
    YOUNGSVILLE,LA70592     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    MARY LISSARD
    109 OAK HILL ROAD
    NEW IBERIA,LA70563     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,600
    ALEXIS LOWERY
    26302 TAYLOR CREEK ROAD
    AMITE,LA70422     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    GEORGIE MCBRIDE
    109 IRA DRIVE
    BREAUX BRIDGE,LA70517     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    JULIA MONTGOMERY
    112 MIDLAND DRIVE
    LAFAYETTE,LA70506     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    CODY MOORE
    3167 GROVE COURT
    MANDEVILLE,LA70448     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    JEREMY MOORE
    3167 GROVE COURT
    MANDEVILLE,LA70448     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,200
    LUKE ORLANDO
    4315 CANTRELL DRIVE
    BERWICK,LA70342     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    HALLIE ROBERTSON
    36466 WILFRED BOND ROAD
    FRANKLINTON,LA70438     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,600
    MATTHEW RONKARTZ
    1680 WABASH ROAD
    RAYNE,LA70578     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    THOMAS RONKARTZ
    1680 WABASH ROAD
    RAYNE,LA70578     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    ALYSSA SAVANT
    1049 OLESTE TAUZIN ROAD
    BREAUX BRIDGE,LA70517     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,000
    ERIN SELLERS
    136 CHERRY CREEK
    MANDEVILLE,LA70448     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENT IN FURTHERING THEIR EDUCATION 2,000
    HOPE SIMPSON
    703 BEVERLY DRIVE
    LAFAYETTE,LA70503     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 1,400
    TY THERIOT
    1088 PECAN RIDGE DRIVE
    ST MARTINVILLE,LA70582     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDNETS IN FURTHERING THEIR EDUCATION 1,800
    HOLLIE WASKOM
    34084 HWY 440
    FRANKLINTON,LA70438     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,400
    ANNA WRIGHT
    1058 KO DUPUIS ROAD
    BREAUX BRIDGE,LA70517     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 2,800
    KIRSTIE FREIBERT
    262 WAINWRIGHT DRIVE
    HARAHAN,LA70123     		NONE INDIVDUAL TO ASSIST QUALIFED STUDENTS IN FURTHERING THEIR EDUCATION 400
    SARAH PELLERIN
    PO BOX 29
    LEONVILLE,LA70551     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 400
    ANNA TATUM
    128 LEMONT DRIVE
    WEST MONROE,LA71291     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 400
    CHELSEA NOWELL
    PO BOX 29
    LEONVILLE,LA70551     		NONE INDIVDUAL TO ASSIST QUALIFIED STUDENTS IN FURTHERING THEIR EDUCATION 400
    Total .................................bullet 3a 73,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    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 ...........     		        6
    4 Dividends and interest from securities....         29,846
    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 ............     		        94,464
    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).. 0 0 124,316
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    124,316
    (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.)
    3 THE INCOME GENERATED FROM TEMPORARY CASH INVESTMENTS AND SECURITIES
    4 ENABLES HIGHLY QUALIFIED STUDENTS WHO ARE IN NEED OF SCHOLARSHIP
    8 BENEFITS TO RECEIVE FINANCIAL ASSISTANCE FROM THE FOUNDATION. IN
    8 ACCEPTING FOUNDATION BENEFITS, A RECIPIENT MUST ACKNOWLEDGE A MORAL
    8 AND PERSONAL OBLIGATION TO ASSIST OTHERS IN FURTHERING THEIR EDUCATION
    8 AS THIS FOUNDATION BENEFIT IS DOING FOR HIM OR HER.
    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 InvestmentsCorpStockSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC CLASS A 20,330 55,021
    DISNEY WALT CO. 19,674 66,994
    MICROSOFT CORP 8,183 76,152
    PEPSICO INC 12,846 28,848
    STRYKER CORP 7,708 31,909
    CHEVRON CORP 58,886 56,047
    DANAHER CORP 5,994 33,298
    LABORATORY CORP OF AMERICA HLGDS 15,759 48,034
    MONDELEZ INTERNATIONAL INC 15,228 31,765
    PEPSICO 3.00% 25,008 25,163
    GENERAL ELECTRIC CAPITAL CORP 3.15% 24,187 25,852
    JP MORGAN CHASE & CO 3.25% 48,776 51,983
    AT&T INC 2.625% 14,058 15,429
    GOLDMAN SACHS GROUP INC 3.625% 63,619 68,499
    WELLS FARGO & CO 3.45% 39,229 42,086
    ZOETIS INC 7,343 39,753
    BERKSHIRE HATHAWAY 31,373 62,230
    CISCO SYSTEMS 31,025 59,777
    VANGUARD DIVIDEND APPRECIATION 50,552 91,863
    STANLEY BLACK & DECKER 28,061 46,612
    AGNICO EAGLE MINES 32,058 46,638
    STARBUCKS CORP 23,051 47,260
    ALERIAN MLP ETF 20,165 13,736
    WALMART INC 36,560 52,551
    AIR PROD & CHEMICALS 37,141 49,444
    BARRICK GOLD CORP 40,812 44,187
    LOWES COMPANIES INC 24,218 49,682
    RAYTHEON TECHNOLOGIES CO 11,750 25,726
    UNITEDHEALTH GRP INC 23,685 35,013
    BANK OF NY MELLON CO 42,485 54,944
    FISERV INC 29,323 28,800
    KNIGHT SWIFT TRANSPORTATION 28,021 29,831
    MFS INTL DIVERSIFICATION 74,000 77,958
    PHILLIPS 66 29,676 30,740
    QUANTA SERVICES INC 25,965 62,931
    WASTE MANAGEMENT INC 26,280 35,873
    WESTROCK CO 29,077 40,824

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    US Government Securities - End of Year Book Value:

    120,982
    US Government Securities - End of Year Fair Market Value:

    120,994
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 OtherAssetsSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 3,767 2,341 2,341


    TY 2020 OtherDecreasesSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Description Amount
    FEDERAL TAXES PAID 6,130


    TY 2020 OtherExpensesSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 574 115   459
    OFFICE EXPENSE 210 42   168


    TY 2020 OtherLiabilitiesSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 141 141


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSE 10,249 10,249   0


    TY 2020 TaxesSchedule
    Name:
    WILLIS & MILDRED PELLERIN FOUNDATION
    EIN:
    51-0166877
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 168 168   0