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
ARKAY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)4625 GREENVILLE AVE NO 101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75206
A Employer identification number

75-2909791
B Telephone number (see instructions)

(214) 696-0575
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$2,200,377J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 50,492 50,492  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,509
b Gross sales price for all assets on line 6a 1,559,260
7 Capital gain net income (from Part IV, line 2)... 15,509
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........ 66,001 66,001  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,750 3,563   1,187
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
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 16,712 16,712   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,462 20,275   1,187
25 Contributions, gifts, grants paid....... 125,468 125,468
26 Total expenses and disbursements. Add lines 24 and 25 146,930 20,275   126,655
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -80,929
b Net investment income (if negative, enter -0-) 45,726
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............. 3,745    
2 Savings and temporary cash investments......... 12,200 10,279 10,279
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).....   102 102
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,978,445 Click to see attachment1,899,335 2,189,996
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,994,390 1,909,716 2,200,377
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,994,390 1,909,716
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    
29 Total net assets or fund balances (see instructions)..... 1,994,390 1,909,716
30 Total liabilities and net assets/fund balances (see instructions). 1,994,390 1,909,716
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
1,994,390
2
Enter amount from Part I, line 27a .....................
2
-80,929
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,913,461
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,745
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,909,716
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 30 SHS MEDTRONIC P 2019-05-19 2020-03-24
b 124 SHS LYONDELLBASELL INDUSTRY P 2019-05-13 2020-02-27
c 205 SHS AT&T INC P 2020-03-18 2020-07-23
d 40 SHS AIR PRODUCTS & CHEMICALS IN P 2020-06-15 2020-11-19
e 24 SHS ABLEMARLE CORP P 2020-02-07 2020-11-13
7 SHS AMGEN INC P 2019-05-13 2020-03-24
83 SHS BANK OF AMERICA P 2019-05-13 2020-03-03
71.523 SHS BLACKROCK EMERGING M D. INC P 2020-06-16 2020-11-13
1 SH BRISTOL MYERS SQUIBB P 2020-02-24 2020-11-13
229 SHS CISCO SYSTMES INC P 2020-05-11 2020-08-17
43 SHS CITIGROUP INC P 2020-07-10 2020-08-21
9 SHS CUMMINS IN P 2020-07-23 2020-11-13
180 SHS DELTA AIRLINES INC P 2019-05-13 2020-03-25
75 SHS DISNEY WALT CO P 2019-05-13 2020-03-18
128 SHS DISCOVER FINANCIAL SERVICES P 2019-05-13 2020-01-28
7595.64 SHS DOUBLELINE TOTAL RET UND CLASS N P 2019-05-13 2020-05-01
191 SHS DOW INC P 2019-05-13 2020-02-07
6193 SHS FIRST TR EXCHANGE P 2019-12-26 2020-05-04
996 SHS FORD MOTOR CO P 2019-07-18 2020-02-05
2 SHS GOLDMAN SACHS GROUP P 2020-01-28 2020-11-13
4 SHS INTERNATIONAL BUSINESS CORP P 2020-02-27 2020-11-13
1855 SHS ISHARES INC JP MORGAN CURRENCY BD ETF P 2019-05-03 2020-03-17
1203 SHS ISHARES TR IBOXX USD E CORP BD ETF P 2020-05-06 2020-09-01
120 SHS ISHARES TR MSCI EAFE ETF P 2020-07-23 2020-11-13
200 SHS ISHARES EDGE MSCI FACTOR ETF P 2019-11-15 2020-05-11
290 SHS ISHARES TR MSCI USA FACTOR ETF P 2020-05-11 2020-11-13
74 SHS ISHARES INC CORE MSC MARKETS ETF P 2020-05-21 2020-11-13
12 SHS ISHARES TR MSCI INTERNATIONAL GROWTH FATOR ETF P 2020-05-20 2020-11-13
2423 SHS ISHARES TR ISHARES U 0TERM BD ETF P 2019-05-13 2020-05-01
11 SHS JOHNSON & JOHNSON CO P 2019-05-13 2020-03-24
197 SHS LEGGETT & PLATT INC P 2019-05-13 2020-05-05
4911 SHS LORD ABBETT FLAOTING CLASS I P 2020-07-31 2020-08-06
120 SHS MERCK & CO P 2019-08-07 2020-06-29
7 SHS MORGAN STANLEY COM P 2020-10-23 2020-11-13
6 SHS ORACLE CORP P 2020-08-18 2020-11-13
12 SHS PACKAGING CORP P 2020-10-13 2020-11-13
100 SHS PAYCHEX INC P 2019-11-18 2020-05-08
2073 SHS SPDR PORTFOLLIO P 2019-05-13 2020-05-06
4 SHS SKYWORKS SOLUTIONS INC P 2020-06-29 2020-11-13
362 SHS SUNCOR ENERGY IN P 2019-11-20 2020-05-06
217 SHS TRUIST FINANCIAL CORP P 2019-10-17 2020-03-03
3 SHS UNION PACIFIC CORP P 2020-08-21 2020-11-13
5 SHS UNITEDHEALTH GROUP INC P 2020-03-03 2020-11-13
19 SHS VERIZON INC P 2019-05-13 2020-03-24
3 SHS VISA INC P 2020-07-14 2020-11-13
208 SHS WESTROCK CO P 2019-12-10 2020-05-05
24 SHS EATON CORP P 2019-05-13 2020-11-13
4 SHS MEDTRONIC P 2019-05-13 2020-11-13
45 SHS AMGEN INC P 2019-05-13 2020-12-03
39 SHS APPLE INC P 2019-06-14 2020-11-13
45 SHS BANK OF AMERICA CORP P 2019-05-13 2020-11-13
1 SH BLACKROCK INC P 2019-05-13 2020-11-13
5 SHS BLACKSTON GROUP INC P 2016-06-20 2020-11-13
3 SHS BROADCOM INC P 2019-05-13 2020-11-13
151 SHS CITIGROUP INC P 2019-05-13 2020-08-21
6 SHS COMCAST CORP P 2019-05-13 2020-11-13
6 SHS HONEYWELL INTERNATIONAL INC P 2019-08-20 2020-11-13
11 SHS ILLINOIS TOOL WORKS P 2019-05-13 2020-11-13
2050 SHS ISHARES GOLD TR P 2019-07-11 2020-11-13
748 SHS ISHARES INC EDGE MSC VOLATILITY EMERGING MARKETS ETF P 2019-05-13 2020-06-15
1197 SHS ISHARES TR MSCI EAFE QUALITY ETF P 2019-04-23 2020-05-20
668 SHS ISHARES TR MSCI USA VOLATILITY ETF P 2019-05-13 2020-06-11
1247 SHS ISHARES TR MSCI GROWTH FACTOR ETF P 2019-05-13 2020-11-13
192 SHS ISHARES TR CORE MSCI P 2019-04-23 2020-11-13
2114 ISHARES INC EDGE MSCI FACTOR EMERGENING MARKETS ETF P 2019-04-23 2020-05-21
14 SHS JP MORGAN CHASE & CO P 2019-05-13 2020-11-13
27 SHS KLA CORP P 2019-05-13 2020-11-13
77 SHS KIMBERLY CLARK CORP P 2019-05-13 2020-10-22
28 SHS LOCKHEED MARTIN CORP P 2019-05-13 2020-10-23
23 SHS LOWES INC P 2019-05-13 2020-11-13
4 SHS MARATHON PETE CORP P 2019-05-13 2020-01-13
11 SHS MICROSOFT CFORP P 2019-05-13 2020-11-13
151.266 SHS PIMCO TOTAL RETURN F P 2019-05-13 2020-11-13
6 SHS QUALCOMM INC P 2019-05-13 2020-11-13
860 SHS SDR INDEX SHS FDS STRATEGIC FACTORS ETF P 2019-05-13 2020-11-13
3498 SHS SPDR PORTFOLIO AGGREGATE P 2019-05-13 2020-11-13
2 SHS STARBUCKS CORP P 2019-05-13 2020-11-13
15 SHS TJX INC P 2019-05-13 2020-11-13
20 SHS TARGET CORP P 2019-10-03 2020-11-13
36 SHS VERIZON INC P 2019-05-13 2020-11-13
17 SHS WALMART INC P 2019-05-13 2020-11-13
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,358   2,620 -262
b 9,000   9,899 -899
c 6,080   6,598 -518
d 10,781   9,343 1,438
e 2,906   1,991 915
1,382   1,179 203
2,298   2,356 -58
2,073   1,739 334
58   64 -6
9,599   9,851 -252
2,118   2,251 -133
2,115   1,719 396
4,963   9,831 -4,868
6,493   9,863 -3,370
9,612   9,852 -240
79,982   80,134 -152
9,096   9,755 -659
153,276   160,275 -6,999
8,231   10,219 -1,988
435   484 -49
461   539 -78
68,953   80,217 -11,264
165,746   146,326 19,420
7,531   6,754 777
13,823   15,725 -1,902
43,691   35,936 7,755
4,264   3,287 977
400   337 63
121,902   121,780 122
1,260   1,509 -249
6,211   7,323 -1,112
39,084   43,051 -3,967
9,104   10,008 -904
392   364 28
336   334 2
1,545   1,401 144
6,734   8,528 -1,794
62,909   59,070 3,839
565   501 64
5,957   11,412 -5,455
10,132   11,285 -1,153
603   575 28
1,778   1,305 473
933   1,082 -149
624   571 53
5,416   8,353 -2,937
2,730   1,856 874
441   349 92
10,233   7,578 2,655
7,512   3,466 4,046
1,211   1,277 -66
657   443 214
273   222 51
1,113   878 235
7,436   9,807 -2,371
289   255 34
1,196   987 209
2,314   1,632 682
36,955   27,614 9,341
38,746   42,234 -3,488
77,537   85,846 -8,309
40,009   39,251 758
127,509   109,462 18,047
11,661   11,998 -337
78,797   92,038 -13,241
1,591   1,536 55
5,912   2,945 2,967
10,843   9,840 1,003
10,379   9,432 947
3,655   2,406 1,249
143   205 -62
2,345   1,364 981
1,632   1,537 95
861   506 355
53,499   52,638 861
107,246   99,676 7,570
185   153 32
882   789 93
3,247   2,111 1,136
2,078   2,049 29
2,538   1,775 763
2,395     2,395
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       -262
b       -899
c       -518
d       1,438
e       915
      203
      -58
      334
      -6
      -252
      -133
      396
      -4,868
      -3,370
      -240
      -152
      -659
      -6,999
      -1,988
      -49
      -78
      -11,264
      19,420
      777
      -1,902
      7,755
      977
      63
      122
      -249
      -1,112
      -3,967
      -904
      28
      2
      144
      -1,794
      3,839
      64
      -5,455
      -1,153
      28
      473
      -149
      53
      -2,937
      874
      92
      2,655
      4,046
      -66
      214
      51
      235
      -2,371
      34
      209
      682
      9,341
      -3,488
      -8,309
      758
      18,047
      -337
      -13,241
      55
      2,967
      1,003
      947
      1,249
      -62
      981
      95
      355
      861
      7,570
      32
      93
      1,136
      29
      763
      2,395
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 15,509
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................................ 1 636
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........................... 3 636
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- ..... 5 636
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,134
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 2,134
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,498
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,498 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletTX
    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 ofbulletCAROLYN WITTENBRAKER Telephone no.bullet (214) 696-0575

    Located atbullet4625 GREENVILLE AVE STE 101DALLASTX ZIP+4bullet75206
    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 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
    CAROLYN WITTENBRAKER PRESIDENT
    0.00     		0 0 0
    4625 GREENVILLE AVENUE STE 101
    DALLAS,TX75206
    RICHARD E WITTENBRAKER VICE PRESIDENT
    0.00     		0 0 0
    3409 SOUTHILL CIR
    AUSTIN,TX78703
    KATHRYN JENKS VICE PRESIDENT
    0.00     		0 0 0
    230 S PARKVIEW AVE
    COLUMBUS,OH43209
    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
    1,981,899
    b
    Average of monthly cash balances.......................
    1b
    64,994
    c
    Fair market value of all other assets (see instructions)................
    1c
    102
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,046,995
    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
    2,046,995
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,705
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,016,290
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    100,815
    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
    100,815
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    636
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    636
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    100,179
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    100,179
    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
    100,179
    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
    126,655
    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
    126,655
    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
    126,655
    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 7 100,179
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 22,101
    e From 2019...... 12,893
    fTotal of lines 3a through e........ 34,994
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 126,655
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 100,179
    e Remaining amount distributed out of corpus 26,476
    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 61,470
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		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 ......     		61,470
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 22,101
    d Excess from 2019.... 12,893
    e Excess from 2020.... 26,476
    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:
    CAROLYN WITTENBRAKER
    4625 GREENVILLE AVE SUITE 101
    DALLAS,TX75206
    (214) 696-0575
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF EXPLANATION AND NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    DAYTON CHILDREN'S HOSPITAL
    1 CHILDRENS PLAZA
    DAYTON,OH45404     		NONE PC MEDICAL SUPPORT 2,500
    TEXAS BOOK FESTIVAL
    1023 SPRINGDALE RAOD 14B
    AUSTIN,TX78721     		NONE PC EDUCATION 6,000
    SALESMANSHIP CLUB OF DALLAS
    106 E 10TH STREET STE 200
    DALLAS,TX75203     		NONE PC EDUCATIONAL 200
    ST MARK'S SCHOOL OF TEXAS
    10600 PRESTON ROAD
    DALLAS,TX75230     		NONE PC EDUCATION 200
    THE HOCKADAY SCHOOL
    11600 WELCH RD
    DALLAS,TX75229     		NONE PC EDUCATION 500
    REEL RECOVERY
    160 BROOKSIDE ROAD
    NEEDHAM,MA02492     		NONE PC FAMILY ASSISTANCE 250
    INTERFAITH FAMILY SERVICE
    1651 MATILDA STREET
    DALLAS,TX75206     		NONE PC FAMILY ASSISTANCE 500
    DALLAS MUSEUM OF ART
    1717 N HARWOOD ST
    DALLAS,TX75201     		NONE PC MUSEUM 1,500
    THE STEWPOT ALLIANCE
    1835 YOUNG STREET
    DALLAS,TX75201     		NONE PC ARTS CENTER 500
    NASHER SCULPTURE CENTER
    2001 FLORA STREET
    DALLAS,TX75201     		NONE PC MUSEUM 193
    PEROT MUSEUM OF NATURE & SCIENCE
    2201 N FIELD STREET
    DALLAS,TX75201     		NONE PC MUSEUM 1,000
    BRAVO COLORADO AT VAIL-BEAVER CREEK DBA BRAVO VAIL VALLEY MUSIC FESTIVAL
    2271 N FRONTAGE RD W SUITE C
    VAIL,CO81657     		NONE PC PERFORMING ARTS 5,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE
    NASHVILLE,TN37240     		NONE PC EDUCATION 20,000
    CHILDREN'S MEDICAL CENTER FOUNDATION
    2777 N STEMMONS FWY STE 1700
    DALLAS,TX75207     		NONE PC MEDICAL SUPPORT 5,000
    KERA
    3000 HARRY HINES BLVD
    DALLAS,TX75201     		NONE PC PUBLIC RADIO 500
    KIMBELL ART MUSEUM
    301 COMMERCE ST 2300
    FORT WORTH,TX76102     		NONE PF MUSEUM 30
    EDUCATIONAL OPPORTUNITIES INC
    3419 WESTMINSTER AVENUE NO 218
    DALLAS,TX75205     		NONE PC SCHOLARSHIPS/FINANCIAL AID 15,000
    TEXAN BY NATURE
    3500 JEFFERSON ST SUITE 301
    AUSTIN,TX78731     		NONE PC SUSTAINABILITY AND EDUCATION 5,000
    BAYLOR SCOTT & WHITE - DALLAS FOUNDATION
    3600 GASTON AVENUE STE 100
    DALLAS,TX752462017     		NONE PC MEDICAL SUPPORT 11,000
    NORTH TEXAS FOOD BANK
    3677 MAPLESHADE LN
    PLANO,TX75075     		NONE PC FAMILY ASSISTANCE 1,000
    CRYSTAL CHARITY BALL
    3838 OAK LAWN AVE
    DALLAS,TX75219     		NONE PC FUNDRAISING ORG 750
    MAD FOR PLAID
    4201 GRASSMARE LANE
    DALLAS,TX75205     		NONE PC EDUCATION 500
    COLUMBUS ACADEMY
    4300 CHERRY BOTTOM RD
    GAHANNA,OH43230     		NONE PC EDUCATION 10,000
    CAMP JOHN MARC
    4324 WINDSOR PARKWAYV
    DALLAS,TX75206     		NONE PC EDUCATION 1,000
    FRIENDS OF THE HIGHLAND PARK LIBRARY
    4700 DREXEL DRIVE
    DALLAS,TX75205     		NONE PC OPERATING FUND 250
    COLUMBUS SCHOOL FOR GIRLS
    56 SOUTH COLUMBIA AVENUE
    COLUMBUS,OH43209     		NONE PC EDUCATION 5,000
    DALLAS WOMAN'S CLUB FOUNDATION
    7000 PARK LANE
    DALLAS,TX75225     		NONE PC FUNDRAISING 100
    JUNIOR LEAGUE OF DALLAS
    8003 INWOOD RD
    DALLAS,TX75209     		NONE PC GENERAL SUPPORT 95
    ST MICHAEL & ALL ANGELS EPISCOPAL CHURCH
    8011 DOUGLAS
    DALLAS,TX75225     		NONE PC CHURCH 23,700
    TEXAS CULTURAL TRUST
    901 S MOPAC EXPY BARTON OAKS PLAZA
    II STE 410
    AUSTIN,TX78746     		NONE PC EDUCATION 1,700
    EQUEST
    PO BOX 171779
    DALLAS,TX75217     		NONE PC HUMAN SERVICES 500
    MD ANDERSON CANCER CENTER
    PO BOX 4486
    HOUSTON,TX77210     		NONE GOV MEDICAL RESEARCH 500
    JUBILEE PARK & COMMUNITY CENTER
    PO BOX 710759
    DALLAS,TX75371     		NONE PC FAMILY ASSISTANCE 5,000
    MEADOWS MUSEUM
    PO BOX 750357
    DALLAS,TX75275     		NONE PC EDUCATION 500
    Total .................................bullet 3a 125,468
    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 ...........     		         
    4 Dividends and interest from securities....     14 50,492  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 15,509  
    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 66,001 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    66,001
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    ARKAY FOUNDATION INC
    EIN:
    75-2909791
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,750 3,563   1,187

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ARKAY FOUNDATION INC
    EIN:
    75-2909791
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    62 SHS INTERNATIONAL BUSINESS MACHS CORP AT COST 8,359 7,805
    39 SHS CUMMINS INC AT COST 7,449 8,857
    151 SHS VERIZON COMMUNICATIONS AT COST 8,596 8,871
    155 SHS BRISTOL MYERS SQUIBB CO AT COST 9,971 9,615
    44 SHS VISA INC AT COST 8,378 9,624
    71 SHS PACKAGING CORP AMERICAN COM AT COST 8,287 9,792
    47 SHS MCDONALDS CORP AT COST 9,415 10,085
    89 SHS PIONEER NAT RES CO AT COST 8,175 10,136
    172 SHS NEWMONT CORP AT COST 10,482 10,301
    252 SHS MARATHON PETE CORP AT COST 11,915 10,423
    51 SHS UNION PACIFIC CORP AT COST 9,776 10,619
    44 SHS STRYKER CORP AT COST 10,306 10,782
    73 SHS PEPSICO AT COST 9,294 10,826
    72 SHS SKYWORKS SOLUTIONS INC AT COST 9,018 11,007
    103 SHS ABBVIE INC AT COST 9,272 11,036
    77 SHS WALMART INC AT COST 8,039 11,100
    63 SHS TARGET CORP AT COST 6,649 11,121
    173 SHS BLACKSTONE GROUP AT COST 7,676 11,212
    55 SHS ILLINOIS TOOL WORKS INC AT COST 8,162 11,213
    174 SHS ORACLE CORP AT COST 9,747 11,256
    53 SHS HONEYWELL INTL AT COST 8,717 11,273
    71 SHS LOWES AT COST 7,428 11,396
    381 SHS BANK OF AMERICA AT COST 10,419 11,548
    91 SHS JP MORGAN CHASE AT COST 9,769 11,563
    230 SHS ARCHER DANIELS MIDLAND CO AT COST 11,870 11,594
    225 SHS COMCAST CORP AT COST 9,546 11,790
    75 SHS JOHNSON & JOHNSON AT COST 10,288 11,804
    173 SHS TJX COS INC AT COST 9,099 11,814
    101 SHS MEDTRONIC PLC AT COST 8,819 11,831
    112 SHS STARBUCKS AT COST 8,576 11,982
    101 SHS EATON CORPORATION AT COST 7,810 12,134
    47 SHS GOLDMAN SACHS GROUP INC AT COST 11,012 12,394
    85 SHS ABLEMARBLE CORP AT COST 7,051 12,539
    203 SHS MORGAN STANLEY COM AT COST 10,564 13,912
    42 SHS UNITEDHEALTH GROUP INC AT COST 10,966 14,729
    68 SHS MICROSOFT CORP AT COST 8,432 15,125
    21 SHS BLACKROCK INC AT COST 9,297 15,152
    63 SHS KLA CORP AT COST 6,872 16,311
    111 SHS QUALCOMM AT COST 9,369 16,910
    136 SHS APPLE INC AT COST 6,547 18,046
    43 SHS BROADCOM INC AT COST 13,060 18,828
    1352.811 SHS BLACKROCK EMERGING MARKETS FUND AT COST 32,887 43,236
    866 SHS SPDR INDEX SHS FDS MSCI EAFE STRATEGIC FACTORS AT COST 53,005 60,507
    1005 SHS ISHARES - CORE MSCI EMERGING MARKETS ETF AT COST 44,637 62,350
    917 SHS ISHARES - MSCI SMALL CAP ETF AT COST 51,614 62,677
    2296 SHS SPDR PORTFOLIO AGGREGATE BD AT COST 65,425 70,694
    2052 SHS ISHARES - TR MSCI INTERNATIONAL QUALITY FACTOR ETF AT COST 57,664 73,174
    7735.939 SHS PIMCO TOTAL RETURN FUND INSTITUTIONAL CLASS AT COST 78,597 82,001
    6989.895 SHS BLACKROCK TOTAL RETURN FUND CLASS INSTITUTIONAL AT COST 85,166 85,486
    1383 SHS SCHWAB - STRATEGIC TR US TIPS ETF AT COST 85,477 85,857
    809 SHS ISHARES TR EDGE MSCI USA QUALITY FACTOR AT COST 71,014 94,014
    663 SHS VANGUARD - INDEX FDS VANGUARD SMALL-CAP VALUE ETF AT COST 85,065 94,285
    5904 SHS ISHARES GOLD TR ISHARES AT COST 79,527 107,040
    1592 SHS ISHARES TR CORE MSCI EAFE AT COST 99,293 109,991
    1644 SHS ISHARES TR EDGE MSCI USA VALUE FACTOR AT COST 132,978 142,880
    895 SHS ISHARES - MSCI USA MOMENTUM FACTOR ETF AT COST 126,506 144,355
    3062 SHS FIRST EXCHANGE VIII TCW OPPORTUNISTIC FXD AT COST 165,833 167,583
    20350.339 BLACKROCK INCOME FUND INSTITUTIONAL CLASS AT COST 210,170 215,510

    TY 2020 OtherDecreasesSchedule
    Name:
    ARKAY FOUNDATION INC
    EIN:
    75-2909791
    Description Amount
    PRIOR PERIOD ADJUSTMENT 3,745


    TY 2020 OtherExpensesSchedule
    Name:
    ARKAY FOUNDATION INC
    EIN:
    75-2909791
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 689 689   0
    FOREIGN TAX 718 718   0
    ADVISORY FEES 15,305 15,305   0