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
BROYHILL FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)800 HICKORY BLVD SW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LENOIR, NC28645
A Employer identification number

56-6054119
B Telephone number (see instructions)

(828) 758-6100
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$40,520,475J 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) 100,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 35,640 35,640  
4 Dividends and interest from securities... 678,925 678,925  
5a Gross rents............ 2,423 2,423  
b Net rental income or (loss) 2,423
6a Net gain or (loss) from sale of assets not on line 10 467,089
b Gross sales price for all assets on line 6a 8,424,792
7 Capital gain net income (from Part IV, line 2)... 467,089
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 333,807 333,807  
12 Total. Add lines 1 through 11........ 1,617,884 1,517,884  
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 16,635 4,159   12,476
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,601 20,601   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 57,518 14,380   43,138
21 Travel, conferences, and meetings....... 3,228 807   2,421
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 402,412 100,603   301,809
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 500,394 140,550   359,844
25 Contributions, gifts, grants paid....... 1,608,100 1,608,100
26 Total expenses and disbursements. Add lines 24 and 25 2,108,494 140,550   1,967,944
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -490,610
b Net investment income (if negative, enter -0-) 1,377,334
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............. 106,171 220,366 220,366
2 Savings and temporary cash investments......... 588,152 1,838,031 1,838,031
3 Accounts receivable bullet23,275
Less: allowance for doubtful accounts bullet     23,275 23,275
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)      
b Investments—corporate stock (attach schedule)....... 8,520,567 Click to see attachment8,999,825 12,555,121
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).......... 17,238,643 Click to see attachment14,881,426 23,411,394
14 Land, buildings, and equipment: basis bullet2,455,857
Less: accumulated depreciation (attach schedule) bullet16,941 2,438,916 2,438,916 2,438,916
15 Other assets (describe bullet) Click to see attachment52,517 Click to see attachment33,372 Click to see attachment33,372
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,944,966 28,435,211 40,520,475
Liabilities 17 Accounts payable and accrued expenses.......... 53,964 52,451
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)......... 53,964 52,451
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........... 28,891,002 28,382,760
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)..... 28,891,002 28,382,760
30 Total liabilities and net assets/fund balances (see instructions). 28,944,966 28,435,211
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
28,891,002
2
Enter amount from Part I, line 27a .....................
2
-490,610
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
28,400,392
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
17,632
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
28,382,760
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c Capital Gains Dividends P    
d
e
(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 4,493,089   4,061,858 431,231
b 3,904,603   3,895,845 8,758
c 27,100     27,100
d
e
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       431,231
b       8,758
c       27,100
d
e
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 2 467,089
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 19,145
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 19,145
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 19,145
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 52,517
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 52,517
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 33,372
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet33,372 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)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletD EUGENE HENDRICKS Telephone no.bullet (828) 758-6100

    Located atbullet800 HICKORY BLVD SWLENOIRNC ZIP+4bullet28645
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletOC
    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
    PAUL H BROYHILL CHAIRMAN
    5.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    M HUNT BROYHILL PRESIDENT
    5.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    DANNY A GILBERT VICE PRESIDENT
    5.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    SHEILA TRIPLETT-BRADY EXECUTIVE DIRECTOR
    35.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    CHRISTOPHER R PAVESE INVESTMENT OFFICER
    5.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    WENDY S SIMS SECRETARY-TREASURER
    5.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    B CLAIRE BROYHILL DIRECTOR
    0.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    CARON J BROYHILL DIRECTOR
    0.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    D EUGENE HENDRICKS DIRECTOR EMERITUS
    0.00     		0 0 0
    800 HICKORY BLVD SW
    LENOIR,NC28645
    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
    BROYHILL INVESTMENTS INC MANAGEMENT FEES 280,145
    800 HICKORY BLVD SW
    LENOIR,NC28645
    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
    33,342,998
    b
    Average of monthly cash balances.......................
    1b
    1,772,235
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,493,223
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,608,456
    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
    37,608,456
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    564,127
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    37,044,329
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,852,216
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,852,216
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    19,145
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,145
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,833,071
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,833,071
    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
    1,833,071
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,967,944
    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
    1,967,944
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,967,944
    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 1,833,071
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,615,121
    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......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,967,944
    a Applied to 2019, but not more than line 2a 1,615,121
    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..... 352,823
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,480,248
    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:
    BROYHILL FAMILY FOUNDATION INC
    800 HICKORY BLVD SW
    LENOIR,NC28645
    (828) 758-6100
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT REQUESTS ACCEPTED IN LETTER FORMAT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST MEET 501(c)(3) QUALIFICATIONS - PREFERENCE TO CALDWELL COUNTY, NC AND SURROUNDING AREAS.
    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
    AMERICAN HOME FURNISHINGS ALLIANCE
    1912 EASTCHESTER DR SUITE 100
    HIGH POINT,NC27265     		N/A PC ARTS & MUSEUM SUPPORT 11,000
    ASU FOUNDATION
    ASU BOX 32156
    BOONE,NC28608     		N/A PC ARTS SUPPORT 20,000
    CALDWELL ARTS COUNCIL
    601 COLLEGE AVENUE
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 20,000
    CALDWELL HERITAGE MUSEUM
    112 VAIDEN ST SW
    LENOIR,NC28645     		N/A PC MUSEUM SUPPORT 7,500
    CALDWELL MEN'S CHORUS
    108 WHITE HALL LANE
    HUDSON,NC28638     		N/A PC ARTS SUPPORT 1,500
    CATAWBA SCIENCE CENTER
    243 3RD AVE NE
    HICKORY,NC28601     		N/A PC MUSEUM SUPPORT 5,000
    COMMUNITY MUSIC CLUB
    210 BEALL ST NW
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 5,000
    HART SQUARE FOUNDATION
    679 6TH ST NW
    HICKORY,NC28601     		N/A PC ARTS SUPPORT 50,000
    JAMES C HARPER SCHOOL OF PERFORMING ARTS
    1113 COLLEGE AVE SW
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 15,850
    NATIONAL WWII MUSEUM
    945 MAGAZINE ST
    NEW ORLEANS,LA70130     		N/A PC MUSEUM SUPPORT 500
    WESTERN PIEDMONT SYMPHONY
    243 3RD AVE NE
    HICKORY,NC28601     		N/A PC ARTS SUPPORT 4,000
    CALDWELL HALFWAY HOUSE
    951 KENHAM PL SW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 10,250
    CALDWELL SENIOR CENTER
    650 PENNTON AVE SW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 5,000
    CALDWELL HUMANE SOCIETY
    PO BOX 1991
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 750
    LENOIR POLICE DEPARTMENT
    1035 WEST AVE NW
    LENOIR,NC28645     		N/A GOV CIVIC SUPPORT 3,000
    NAVY SEAL FOUNDATION
    1619 D STREET
    VIRGINIA BEACH,VA23459     		N/A PC CIVIC SUPPORT 10,000
    RED OAK AREA HISTORICAL SOCIETY
    PO BOX 61
    RED OAK,NC27868     		N/A PC CIVIC SUPPORT 1,000
    TOWN OF HUDSON
    550 CENTRAL ST
    HUDSON,NC28638     		N/A GOV CIVIC SUPPORT 25,000
    BILLY GRAHAM EVANGELICAL ASSOCIATION
    1 BILLY GRAHAM PARKWAY
    CHARLOTTE,NC28201     		N/A PC RELIGIOUS SUPPORT 5,000
    CHRISTIAN COMMUNITY OUTREACH MINISTRIES
    PO BOX 3324
    HICKORY,NC28603     		N/A PC RELIGIOUS SUPPORT 250
    FIRST BAPTIST CHURCH OF LENOIR
    304 MAIN ST
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 6,650
    FIRST METHODIST CHURCH OF LENOIR
    309 CHURCH ST NW
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 5,250
    HAYES BARTON BAPTIST CHURCH
    1800 GLENWOOD AVE
    RALEIGH,NC27608     		N/A NC RELIGIOUS SUPPORT 1,000
    LOWER CREEK BAPTIST CHURCH
    611 LOWER CREEK DRIVE
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 200
    MYERS PARK METHODIST CHURCH
    1501 QUEENS ROAD
    CHARLOTTE,NC28207     		N/A NC RELIGIOUS SUPPORT 2,500
    ST MARY OF THE HILLS
    140 CHESTNUT DR
    BLOWING ROCK,NC28605     		N/A NC RELIGIOUS SUPPORT 5,000
    ASU FOUNDATION
    ASU BOX 32156
    BOONE,NC28608     		N/A PC EDUCATIONAL SUPPORT 110,000
    CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE FOUNDATION
    2855 HICKORY BLVD
    HUDSON,NC28638     		N/A PC EDUCATIONAL SUPPORT 342,500
    CALDWELL COUNTY SCHOOLS
    1914 HICKORY BLVD
    LENOIR,NC28645     		N/A NC EDUCATIONAL SUPPORT 1,000
    CROSSNORE SCHOOL
    100 DAR DR
    CROSSNORE,NC28657     		N/A PC EDUCATIONAL SUPPORT 25,000
    GARDNER-WEBB UNIVERSITY
    110 S MAIN ST
    BOILING SPRINGS,NC28017     		N/A PC EDUCATIONAL SUPPORT 100,000
    INDEPENDENT COLLEGE FUND OF NC
    530 N BLOUNT ST
    RALEIGH,NC27604     		N/A PC EDUCATIONAL SUPPORT 20,000
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL
    353 E SIX FORKS RD
    RALEIGH,NC27609     		N/A PC EDUCATIONAL SUPPORT 5,000
    LENOIR RHYNE UNIVERSITY
    625 7TH AVE NE
    HICKORY,NC28601     		N/A PC EDUCATIONAL SUPPORT 2,500
    MARS HILL UNIVERSITY
    100 ATHLETIC ST
    MARS HILL,NC28754     		N/A PC EDUCATIONAL SUPPORT 1,000
    PHI BETA KAPPA SORORITY
    1606 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		N/A PC EDUCATIONAL SUPPORT 250
    PINEWOOD MONTESSORI SCHOOL
    109 MILLSTONE DR STE 1
    HILLSBOROUGH,NC27278     		N/A PC EDUCATIONAL SUPPORT 40,000
    PRESBYTERIAN COLLEGE
    503 S BROAD ST
    CLINTON,SC29325     		NA PC EDUCATIONAL SUPPORT 12,500
    ANTI-DEFAMATIONINTERNATIONAL HOME FURNISHINGS DIVISION
    605 THIRD AVE
    NEW YORK,NY10158     		N/A PC FREE ENTERPRISE SUPPORT 10,000
    CAPITAL RESEARCH CENTER
    1513 16TH ST NW
    WASHINGTON,DC20036     		N/A PC FREE ENTERPRISE SUPPORT 1,750
    FEDERATION FOR ADVANCE MANUFACTURING
    733 10TH ST NW 700
    WASHINGTON,DC20001     		N/A PC FREE ENTERPRISE SUPPORT 2,500
    JESSE HELMS CENTER
    3910 US HWY 74E
    WINGATE,NC28174     		N/A PC FREE ENTERPRISE SUPPORT 10,000
    NC FREE ENTERPRISE FOUNDATION
    PO BOX 12406
    RALEIGH,NC27605     		N/A PC FREE ENTERPRISE SUPPORT 3,500
    AMERICAN CANCER SOCIETY
    PO BOX 11796
    CHARLOTTE,NC28220     		N/A PC HEALTH SUPPORT 8,500
    AMERICAN HEART ASSOCIATION
    222 S CHURCH ST
    CHARLOTTE,NC28202     		N/A PC HEALTH SUPPORT 1,500
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA50037     		N/A PC HEALTH SUPPORT 5,000
    APPALACHIAN REGIONAL HEALTH CARE FOUNDATION
    PO BOX 2600
    BOONE,NC28607     		N/A PC HEALTH SUPPORT 500
    BETHEL COLONY OF MERCY
    1675 BETHEL COLONY RD
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 6,000
    CALDWELL MEMORIAL HOSPITAL FOUNDATION
    PO BOX 1890
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 233,750
    CALDWELL MEMORIAL HOSPITAL FOUNDATION
    212 MULBERRY ST
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 5,000
    CALDWELL COUNTY DSS
    PO BOX 200
    LENOIR,NC28645     		N/A GOV HEALTH SUPPORT 650
    CAROLINA CARING
    3975 ROBINSON RD
    NEWTON,NC28658     		N/A PC HEALTH SUPPORT 250
    CITY OF HOPE
    1500 E DUARTE ROAD
    DUARTE,CA91010     		N/A PC HEALTH SUPPORT 3,900
    DUKE COMPREHENSIVE CANCER CENTER
    20 DUKE MEDICINE CIRCLE
    DURHAM,NC27710     		N/A PC HEALTH SUPPORT 1,000
    HELPING HANDS CLINIC
    810 HARPER AVENUE
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 50,000
    MARCH OF DIMES
    1220 COMMERCE ST SW
    NEWTON,NC28613     		N/A PC HEALTH SUPPORT 2,500
    MAKE-A-WISH FOUNDATION
    1702 EAST HIGHLAND AVE SUITE 400
    PHOENIX,AZ85016     		N/A PC HEALTH SUPPORT 3,500
    UNC HEALTH FOUNDATION
    PO BOX 309
    CHAPEL HILL,NC27514     		N/A PC HEALTH SUPPORT 5,000
    OCEAN REEF MEDICAL
    50 BARRACUDA LANE
    KEY LARGO,FL33037     		N/A PC HEALTH SUPPORT 3,000
    PARKINSON'S FOUNDATION
    200 SE 1ST ST STE 800
    MIAMI,FL33131     		N/A PC HEALTH SUPPORT 250
    PREVENT BLINDNESS
    225 WEST WACKER DR STE 400
    CHICAGO,IL60606     		N/A PC HEALTH SUPPORT 2,500
    SECU FAMILY HOUSE
    123 OLD MASON FARM RD
    CHAPEL HILL,NC27517     		N/A PC HEALTH SUPPORT 8,400
    SHRINERS HOSPITAL
    2900 ROCKY POINT DR
    TAMPA,FL33607     		N/A PC HEALTH SUPPORT 200
    CALDWELL COUNTY YOKEFELLOW
    202 HARPER AVENUE
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 2,500
    CALDWELL PEOPLE
    216 EASTWOOD PARK
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 3,500
    FAMILY CARE CENTER
    2875 HIGHLAND AVE
    HICKORY,NC28601     		N/A PC INGIGENT SUPPORT 5,000
    LENOIR SOUP KITCHEN
    1113 COLLEGE AVE SW
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 5,500
    TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DR
    TRIANGLE,VA22172     		N/A PC INDIGENT SUPPORT 1,500
    SOUTH CALDWELL CHRISTIAN MINISTRIES
    5 QUARRY RD
    GRANITE FALLS,NC28630     		N/A PC INDIGENT SUPPORT 7,000
    AOPA
    421 AVIATION WAY
    FREDERICK,MD21701     		N/A PC MISCELLANEOUS SUPPORT 1,000
    MITCHELL COUNTY ANIMAL RESCUE
    PO BOX 308
    SPRUCE PINE,NC28777     		N/A GOV MISCELLANEOUS SUPPORT 1,000
    NATHAN SMITH MINISTRIES
    4001 HANKS CREEK LANE
    BELMONT,NC28012     		N/A PC MISCELLANEOUS SUPPORT 500
    NORTH AMERICAN LAND TRUST
    PO BOX 467
    CHADDS FORT,PA19317     		N/A PC MISCELLANCOUS SUPPORT 5,000
    ASU FOUNDATION
    ASU BOX 32156
    BOONE,NC28608     		N/A PC SCHOLARSHIPS 1,000
    PATRIOT FOUNDATION
    PO BOX 5069
    PINEHURST,NC28374     		N/A PC SCHOLARSHIPS 5,000
    BAPTIST CHILDREN'S HOME OF NC
    PO BOX 338
    THOMASVILLE,NC27361     		N/A PC YOUTH DEVELOPMENT 102,500
    BOY SCOUTSPIEDMONT COUNCIL
    1222 E FRANKLIN BLVD
    GASTONIA,NC28054     		N/A PC YOUTH DEVELOPMENT 12,000
    CALDWELL COUNCIL OF ADOLESCENT HEALTH
    918 WEST AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 10,000
    CALDWELL FRIENDS
    918 WEST AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 3,500
    CATAWBA VALLEY YMCA
    701 1ST ST NW
    HICKORY,NC28601     		N/A PC YOUTH DEVELOPMENT 7,000
    COMMUNITIES IN SCHOOLS
    616 ASHE AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 7,000
    CORINTH REFORMED UNITED CHURCH OF CHRIST
    150 16TH AVE NW
    HICKORY,NC28601     		N/A NC YOUTH DEVELOPMENT 4,000
    ROBIN'S NEST
    1051 HARPER AVE SW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 10,000
    SPECIAL OLYMPICS
    2200 GATEWAY CENRE BLVD STE 201
    MORRISVILLE,NC27560     		N/A PC YOUTH DEVELOPMENT 3,500
    TOMORROW'S AMERICA FOUNDATION
    1450 BEERSHEBA RD S
    CLOVER,SC29710     		N/A PC YOUTH DEVELOPMENT 50,000
    LENOIR PARKS & RECREATION
    PO BOX 968
    LENOIR,NC28645     		N/A GOV PARKS & RECREATION 100,000
    NORTHWEST NC MOUNTAIN BIKE ALLIANCE
    PO BOX 18
    LENOIR,NC28645     		N/A PC PARKS & RECREATION 5,000
    HICKORY MUSEUM OF ART
    243 3RD AVE NE
    HICKORY,NC28601     		N/A PC ARTS & MUSEUM SUPPORT 5,000
    Total .................................bullet 3a 1,608,100
    bApproved for future payment
    BAPTIST CHILDREN'S HOME OF NC
    PO BOX 338
    THOMASVILLE,NC27361     		N/A PC YOUTH DEVELOPMENT 33,000
    CALDWELL COUNTY SCHOOLS
    1914 HICKORY BLVD
    LENOIR,NC28645     		N/A NC EDUCATIONAL SUPPORT 500
    CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE FOUNDATION
    2855 HICKORY BLVD
    HUDSON,NC28638     		N/A PC EDUCATIONAL SUPPORT 30,000
    LENOIR POLICE DEPARTMENT
    1035 WEST AVE NW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 3,000
    NC SCHOOL OF SCIENCE AND MATH
    1219 BROAD ST
    DURHAM,NC27705     		N/A PC EDUCATIONAL SUPPORT 100,000
    OCEAN REEF MEDICAL
    50 BARRACUDA LANE
    KEY LARGO,FL33037     		N/A PC HEALTH SUPPORT 25,000
    PIDMONT COUNCIL OF BOY SCOUTS
    1222 E FRANKLIN BLVD
    GASTONIA,NC28054     		N/A PC YOUTH DEVELOPMENT 12,000
    PINEWOODS MONTESSORI SCHOOL
    109 MILLSTONE DR STE 1
    HILLSBOROUGH,NC27278     		N/A PC EDUCATIONAL SUPPORT 20,000
    PRESBYTERIAN COLLEGE
    503 S BROAD ST
    CLINTON,SC29325     		N/A PC EDUCATIONAL SUPPORT 12,500
    TOMORROW'S AMERICA FOUNDATION
    1450 BEERSHEBA RD S
    CLOVER,SC29710     		N/A PC YOUTH DEVELOPMENT 100,000
    YMCA - CATAWBA VALLEY
    701 1ST ST NW
    HICKORY,NC28601     		N/A PC PARKS & RECREATION 200,000
    Total .................................bullet 3b 536,000
    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 ...........     		    14 35,640  
    4 Dividends and interest from securities....     14 678,925  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16 2,423  
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 27,100 439,989
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		    14   333,717
    bMISCELLANEOUS     14   90
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 744,088 773,796
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,517,884
    (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.)
    8 GAIN ON SALE OF INVESTMENT SECURITIES HELD FOR CHARITABLE PURPOSES
    11a PARTNERSHIP INCOME HELD FOR CHARITABLE PURPOSES
    11b MISCELLANEOUS INCOME HELD FOR CHARITABLE PURPOSES
    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

    Form 990PF Part XV Line 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
    AMERICAN HOME FURNISHINGS ALLIANCE1912 EASTCHESTER DR SUITE 100
    HIGH POINT,NC27265     		N/A PC ARTS & MUSEUM SUPPORT 11,000
    ASU FOUNDATIONASU BOX 32156
    BOONE,NC28608     		N/A PC ARTS SUPPORT 20,000
    CALDWELL ARTS COUNCIL601 COLLEGE AVENUE
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 20,000
    CALDWELL HERITAGE MUSEUM112 VAIDEN ST SW
    LENOIR,NC28645     		N/A PC MUSEUM SUPPORT 7,500
    CALDWELL MEN'S CHORUS108 WHITE HALL LANE
    HUDSON,NC28638     		N/A PC ARTS SUPPORT 1,500
    CATAWBA SCIENCE CENTER243 3RD AVE NE
    HICKORY,NC28601     		N/A PC MUSEUM SUPPORT 5,000
    COMMUNITY MUSIC CLUB210 BEALL ST NW
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 5,000
    HART SQUARE FOUNDATION679 6TH ST NW
    HICKORY,NC28601     		N/A PC ARTS SUPPORT 50,000
    JAMES C HARPER SCHOOL OF PERFORMING ARTS1113 COLLEGE AVE SW
    LENOIR,NC28645     		N/A PC ARTS SUPPORT 15,850
    NATIONAL WWII MUSEUM945 MAGAZINE ST
    NEW ORLEANS,LA70130     		N/A PC MUSEUM SUPPORT 500
    WESTERN PIEDMONT SYMPHONY243 3RD AVE NE
    HICKORY,NC28601     		N/A PC ARTS SUPPORT 4,000
    CALDWELL HALFWAY HOUSE951 KENHAM PL SW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 10,250
    CALDWELL SENIOR CENTER650 PENNTON AVE SW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 5,000
    CALDWELL HUMANE SOCIETYPO BOX 1991
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 750
    LENOIR POLICE DEPARTMENT1035 WEST AVE NW
    LENOIR,NC28645     		N/A GOV CIVIC SUPPORT 3,000
    NAVY SEAL FOUNDATION1619 D STREET
    VIRGINIA BEACH,VA23459     		N/A PC CIVIC SUPPORT 10,000
    RED OAK AREA HISTORICAL SOCIETYPO BOX 61
    RED OAK,NC27868     		N/A PC CIVIC SUPPORT 1,000
    TOWN OF HUDSON550 CENTRAL ST
    HUDSON,NC28638     		N/A GOV CIVIC SUPPORT 25,000
    BILLY GRAHAM EVANGELICAL ASSOCIATION1 BILLY GRAHAM PARKWAY
    CHARLOTTE,NC28201     		N/A PC RELIGIOUS SUPPORT 5,000
    CHRISTIAN COMMUNITY OUTREACH MINISTRIESPO BOX 3324
    HICKORY,NC28603     		N/A PC RELIGIOUS SUPPORT 250
    FIRST BAPTIST CHURCH OF LENOIR304 MAIN ST
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 6,650
    FIRST METHODIST CHURCH OF LENOIR309 CHURCH ST NW
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 5,250
    HAYES BARTON BAPTIST CHURCH1800 GLENWOOD AVE
    RALEIGH,NC27608     		N/A NC RELIGIOUS SUPPORT 1,000
    LOWER CREEK BAPTIST CHURCH611 LOWER CREEK DRIVE
    LENOIR,NC28645     		N/A NC RELIGIOUS SUPPORT 200
    MYERS PARK METHODIST CHURCH1501 QUEENS ROAD
    CHARLOTTE,NC28207     		N/A NC RELIGIOUS SUPPORT 2,500
    ST MARY OF THE HILLS140 CHESTNUT DR
    BLOWING ROCK,NC28605     		N/A NC RELIGIOUS SUPPORT 5,000
    ASU FOUNDATIONASU BOX 32156
    BOONE,NC28608     		N/A PC EDUCATIONAL SUPPORT 110,000
    CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE FOUNDATION2855 HICKORY BLVD
    HUDSON,NC28638     		N/A PC EDUCATIONAL SUPPORT 342,500
    CALDWELL COUNTY SCHOOLS1914 HICKORY BLVD
    LENOIR,NC28645     		N/A NC EDUCATIONAL SUPPORT 1,000
    CROSSNORE SCHOOL100 DAR DR
    CROSSNORE,NC28657     		N/A PC EDUCATIONAL SUPPORT 25,000
    GARDNER-WEBB UNIVERSITY110 S MAIN ST
    BOILING SPRINGS,NC28017     		N/A PC EDUCATIONAL SUPPORT 100,000
    INDEPENDENT COLLEGE FUND OF NC530 N BLOUNT ST
    RALEIGH,NC27604     		N/A PC EDUCATIONAL SUPPORT 20,000
    JAMES G MARTIN CENTER FOR ACADEMIC RENEWAL353 E SIX FORKS RD
    RALEIGH,NC27609     		N/A PC EDUCATIONAL SUPPORT 5,000
    LENOIR RHYNE UNIVERSITY625 7TH AVE NE
    HICKORY,NC28601     		N/A PC EDUCATIONAL SUPPORT 2,500
    MARS HILL UNIVERSITY100 ATHLETIC ST
    MARS HILL,NC28754     		N/A PC EDUCATIONAL SUPPORT 1,000
    PHI BETA KAPPA SORORITY1606 NEW HAMPSHIRE AVE NW
    WASHINGTON,DC20009     		N/A PC EDUCATIONAL SUPPORT 250
    PINEWOOD MONTESSORI SCHOOL109 MILLSTONE DR STE 1
    HILLSBOROUGH,NC27278     		N/A PC EDUCATIONAL SUPPORT 40,000
    PRESBYTERIAN COLLEGE503 S BROAD ST
    CLINTON,SC29325     		NA PC EDUCATIONAL SUPPORT 12,500
    ANTI-DEFAMATIONINTERNATIONAL HOME FURNISHINGS DIVISION605 THIRD AVE
    NEW YORK,NY10158     		N/A PC FREE ENTERPRISE SUPPORT 10,000
    CAPITAL RESEARCH CENTER1513 16TH ST NW
    WASHINGTON,DC20036     		N/A PC FREE ENTERPRISE SUPPORT 1,750
    FEDERATION FOR ADVANCE MANUFACTURING733 10TH ST NW 700
    WASHINGTON,DC20001     		N/A PC FREE ENTERPRISE SUPPORT 2,500
    JESSE HELMS CENTER3910 US HWY 74E
    WINGATE,NC28174     		N/A PC FREE ENTERPRISE SUPPORT 10,000
    NC FREE ENTERPRISE FOUNDATIONPO BOX 12406
    RALEIGH,NC27605     		N/A PC FREE ENTERPRISE SUPPORT 3,500
    AMERICAN CANCER SOCIETYPO BOX 11796
    CHARLOTTE,NC28220     		N/A PC HEALTH SUPPORT 8,500
    AMERICAN HEART ASSOCIATION222 S CHURCH ST
    CHARLOTTE,NC28202     		N/A PC HEALTH SUPPORT 1,500
    AMERICAN RED CROSSPO BOX 37839
    BOONE,IA50037     		N/A PC HEALTH SUPPORT 5,000
    APPALACHIAN REGIONAL HEALTH CARE FOUNDATIONPO BOX 2600
    BOONE,NC28607     		N/A PC HEALTH SUPPORT 500
    BETHEL COLONY OF MERCY1675 BETHEL COLONY RD
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 6,000
    CALDWELL MEMORIAL HOSPITAL FOUNDATIONPO BOX 1890
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 233,750
    CALDWELL MEMORIAL HOSPITAL FOUNDATION212 MULBERRY ST
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 5,000
    CALDWELL COUNTY DSSPO BOX 200
    LENOIR,NC28645     		N/A GOV HEALTH SUPPORT 650
    CAROLINA CARING3975 ROBINSON RD
    NEWTON,NC28658     		N/A PC HEALTH SUPPORT 250
    CITY OF HOPE1500 E DUARTE ROAD
    DUARTE,CA91010     		N/A PC HEALTH SUPPORT 3,900
    DUKE COMPREHENSIVE CANCER CENTER20 DUKE MEDICINE CIRCLE
    DURHAM,NC27710     		N/A PC HEALTH SUPPORT 1,000
    HELPING HANDS CLINIC810 HARPER AVENUE
    LENOIR,NC28645     		N/A PC HEALTH SUPPORT 50,000
    MARCH OF DIMES1220 COMMERCE ST SW
    NEWTON,NC28613     		N/A PC HEALTH SUPPORT 2,500
    MAKE-A-WISH FOUNDATION1702 EAST HIGHLAND AVE SUITE 400
    PHOENIX,AZ85016     		N/A PC HEALTH SUPPORT 3,500
    UNC HEALTH FOUNDATIONPO BOX 309
    CHAPEL HILL,NC27514     		N/A PC HEALTH SUPPORT 5,000
    OCEAN REEF MEDICAL50 BARRACUDA LANE
    KEY LARGO,FL33037     		N/A PC HEALTH SUPPORT 3,000
    PARKINSON'S FOUNDATION200 SE 1ST ST STE 800
    MIAMI,FL33131     		N/A PC HEALTH SUPPORT 250
    PREVENT BLINDNESS225 WEST WACKER DR STE 400
    CHICAGO,IL60606     		N/A PC HEALTH SUPPORT 2,500
    SECU FAMILY HOUSE123 OLD MASON FARM RD
    CHAPEL HILL,NC27517     		N/A PC HEALTH SUPPORT 8,400
    SHRINERS HOSPITAL2900 ROCKY POINT DR
    TAMPA,FL33607     		N/A PC HEALTH SUPPORT 200
    CALDWELL COUNTY YOKEFELLOW202 HARPER AVENUE
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 2,500
    CALDWELL PEOPLE216 EASTWOOD PARK
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 3,500
    FAMILY CARE CENTER2875 HIGHLAND AVE
    HICKORY,NC28601     		N/A PC INGIGENT SUPPORT 5,000
    LENOIR SOUP KITCHEN1113 COLLEGE AVE SW
    LENOIR,NC28645     		N/A PC INDIGENT SUPPORT 5,500
    TOYS FOR TOTS FOUNDATION18251 QUANTICO GATEWAY DR
    TRIANGLE,VA22172     		N/A PC INDIGENT SUPPORT 1,500
    SOUTH CALDWELL CHRISTIAN MINISTRIES5 QUARRY RD
    GRANITE FALLS,NC28630     		N/A PC INDIGENT SUPPORT 7,000
    AOPA421 AVIATION WAY
    FREDERICK,MD21701     		N/A PC MISCELLANEOUS SUPPORT 1,000
    MITCHELL COUNTY ANIMAL RESCUEPO BOX 308
    SPRUCE PINE,NC28777     		N/A GOV MISCELLANEOUS SUPPORT 1,000
    NATHAN SMITH MINISTRIES4001 HANKS CREEK LANE
    BELMONT,NC28012     		N/A PC MISCELLANEOUS SUPPORT 500
    NORTH AMERICAN LAND TRUSTPO BOX 467
    CHADDS FORT,PA19317     		N/A PC MISCELLANCOUS SUPPORT 5,000
    ASU FOUNDATIONASU BOX 32156
    BOONE,NC28608     		N/A PC SCHOLARSHIPS 1,000
    PATRIOT FOUNDATIONPO BOX 5069
    PINEHURST,NC28374     		N/A PC SCHOLARSHIPS 5,000
    BAPTIST CHILDREN'S HOME OF NCPO BOX 338
    THOMASVILLE,NC27361     		N/A PC YOUTH DEVELOPMENT 102,500
    BOY SCOUTSPIEDMONT COUNCIL1222 E FRANKLIN BLVD
    GASTONIA,NC28054     		N/A PC YOUTH DEVELOPMENT 12,000
    CALDWELL COUNCIL OF ADOLESCENT HEALTH918 WEST AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 10,000
    CALDWELL FRIENDS918 WEST AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 3,500
    CATAWBA VALLEY YMCA701 1ST ST NW
    HICKORY,NC28601     		N/A PC YOUTH DEVELOPMENT 7,000
    COMMUNITIES IN SCHOOLS616 ASHE AVE NW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 7,000
    CORINTH REFORMED UNITED CHURCH OF CHRIST150 16TH AVE NW
    HICKORY,NC28601     		N/A NC YOUTH DEVELOPMENT 4,000
    ROBIN'S NEST1051 HARPER AVE SW
    LENOIR,NC28645     		N/A PC YOUTH DEVELOPMENT 10,000
    SPECIAL OLYMPICS2200 GATEWAY CENRE BLVD STE 201
    MORRISVILLE,NC27560     		N/A PC YOUTH DEVELOPMENT 3,500
    TOMORROW'S AMERICA FOUNDATION1450 BEERSHEBA RD S
    CLOVER,SC29710     		N/A PC YOUTH DEVELOPMENT 50,000
    LENOIR PARKS & RECREATIONPO BOX 968
    LENOIR,NC28645     		N/A GOV PARKS & RECREATION 100,000
    NORTHWEST NC MOUNTAIN BIKE ALLIANCEPO BOX 18
    LENOIR,NC28645     		N/A PC PARKS & RECREATION 5,000
    HICKORY MUSEUM OF ART243 3RD AVE NE
    HICKORY,NC28601     		N/A PC ARTS & MUSEUM SUPPORT 5,000
    Total ...............................bullet 3a 1,608,100
    bApproved for future payment
    BAPTIST CHILDREN'S HOME OF NCPO BOX 338
    THOMASVILLE,NC27361     		N/A PC YOUTH DEVELOPMENT 33,000
    CALDWELL COUNTY SCHOOLS1914 HICKORY BLVD
    LENOIR,NC28645     		N/A NC EDUCATIONAL SUPPORT 500
    CALDWELL COMMUNITY COLLEGE & TECHNICAL INSTITUTE FOUNDATION2855 HICKORY BLVD
    HUDSON,NC28638     		N/A PC EDUCATIONAL SUPPORT 30,000
    LENOIR POLICE DEPARTMENT1035 WEST AVE NW
    LENOIR,NC28645     		N/A PC CIVIC SUPPORT 3,000
    NC SCHOOL OF SCIENCE AND MATH1219 BROAD ST
    DURHAM,NC27705     		N/A PC EDUCATIONAL SUPPORT 100,000
    OCEAN REEF MEDICAL50 BARRACUDA LANE
    KEY LARGO,FL33037     		N/A PC HEALTH SUPPORT 25,000
    PIDMONT COUNCIL OF BOY SCOUTS1222 E FRANKLIN BLVD
    GASTONIA,NC28054     		N/A PC YOUTH DEVELOPMENT 12,000
    PINEWOODS MONTESSORI SCHOOL109 MILLSTONE DR STE 1
    HILLSBOROUGH,NC27278     		N/A PC EDUCATIONAL SUPPORT 20,000
    PRESBYTERIAN COLLEGE503 S BROAD ST
    CLINTON,SC29325     		N/A PC EDUCATIONAL SUPPORT 12,500
    TOMORROW'S AMERICA FOUNDATION1450 BEERSHEBA RD S
    CLOVER,SC29710     		N/A PC YOUTH DEVELOPMENT 100,000
    YMCA - CATAWBA VALLEY701 1ST ST NW
    HICKORY,NC28601     		N/A PC PARKS & RECREATION 200,000
    Total ................................bullet 3b 536,000
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    BROYHILL FAMILY FOUNDATION INC
     
    Employer identification number

    56-6054119
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    BROYHILL FAMILY FOUNDATION INC
          		Employer identification number
    56-6054119
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    PAUL BROYHILL
    800 HICKORY BLVD SW
     
    LENOIR, NC28645

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    BROYHILL FAMILY FOUNDATION INC
          		Employer identification number

    56-6054119
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    BROYHILL FAMILY FOUNDATION INC
          		Employer identification number

    56-6054119
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SMITH, STEVENS & FORD, PA 16,635 4,159   12,476

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 8,999,825 12,555,121

    TY 2020 InvestmentsOtherSchedule2
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS AT COST 10,507,755 16,527,448
    PARTNERSHIP INTERESTS AT COST 4,373,671 6,883,946

    TY 2020 OtherAssetsSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EXCISE TAX RECEIVABLE 52,517 33,372 33,372


    TY 2020 OtherDecreasesSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Description Amount
    BOOK TO CASH ACCRUAL DIFFERENCE 17,632


    TY 2020 OtherExpensesSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 315,948 78,987   236,961
    INVESTMENT EXPENSES 9,199 2,300   6,899
    MISCELLANEOUS 74,244 18,561   55,683
    OFFICE SUPPLIES & POSTAGE 3,021 755   2,266


    TY 2020 OtherIncomeSchedule2
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 333,717 333,717 333,717
    MISCELLANEOUS 90 90 90


    TY 2020 TaxesSchedule
    Name:
    BROYHILL FAMILY FOUNDATION INC
    EIN:
    56-6054119
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 14,696 14,696   0
    FOREIGN TAXES 5,905 5,905   0
    EXCISE TAXES 0 0   0