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
MILDRED E SMALL AND ROBERT D TOYE
SCHOLARSHIP TRUST UID 07-05-95
Number and street (or P.O. box number if mail is not delivered to street address)500 CANAL STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW SMYRNA BEACH, FL32168
A Employer identification number

20-6948425
B Telephone number (see instructions)

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$2,797,952J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 11,392 11,392 11,392
4 Dividends and interest from securities... 42,179 42,179 42,179
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 39,718
b Gross sales price for all assets on line 6a 384,996
7 Capital gain net income (from Part IV, line 2)... 255
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 11,000   11,000
12 Total. Add lines 1 through 11........ 104,289 53,826 64,571
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,973 60,973 60,973 13,385
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 2,436 2,436 2,436 2,436
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 645 645 645  
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,590    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,543 8,543 8,543  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,187 72,597 72,597 15,821
25 Contributions, gifts, grants paid....... 203,730 203,730
26 Total expenses and disbursements. Add lines 24 and 25 280,917 72,597 72,597 219,551
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -176,628
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 377,650 385,596 385,596
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 65,395 Click to see attachment17,640 17,393
b Investments—corporate stock (attach schedule)....... 803,978 Click to see attachment785,422 1,608,208
c Investments—corporate bonds (attach schedule)....... 220,758 Click to see attachment162,201 167,813
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 437,910 Click to see attachment389,754 402,442
14 Land, buildings, and equipment: basis bullet216,500
Less: accumulated depreciation (attach schedule) bullet64,074 157,016 Click to see attachment152,426 216,500
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,062,707 1,893,039 2,797,952
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 299,598 290,134
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)......... 299,598 290,134
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............ 1,763,109 1,602,905
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)..... 1,763,109 1,602,905
30 Total liabilities and net assets/fund balances (see instructions). 2,062,707 1,893,039
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
1,763,109
2
Enter amount from Part I, line 27a .....................
2
-176,628
3
Other increases not included in line 2 (itemize) bullet
3
16,424
4
Add lines 1, 2, and 3 ..........................
4
1,602,905
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,602,905
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.)
1a
b
c
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
b
c
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
b
c
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 2 255
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 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 14
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 14
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 14
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet14 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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
    Yes
     
    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 addressbulletNONE
    14
    The books are in care ofbulletMICHAEL BREWER Telephone no.bullet (386) 423-5504

    Located atbullet500 CANAL STREET500 CANAL STREETNEW SMYRNA BEACHFL ZIP+4bullet32168
    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
     
     
    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
    MICHAEL BREWER ESQ CO- TRUSTEE
    000.00     		13,385 0 0
    1653 N ATLANTIC AVE
    NEW SMYRNA BEACH,FL32168
    COMERICA BANK CO-TRUSTEE
    000.00     		18,330 0 0
    PO BOX 75000 MC 3302
    DETROIT,MI482753302
    MORGAN STANLEY INVESTMENT M
    000.00     		29,258 0 0
    285 CLYDE MORRIS BLVD STE 100
    ORMOND BEACH,FL32174
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 AWARDING COLLEGE SCHOLARSHIPS TO ELIGIBLE STUDENTS. 203,730
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,027,912
    b
    Average of monthly cash balances.......................
    1b
    424,993
    c
    Fair market value of all other assets (see instructions)................
    1c
    216,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,668,905
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,668,905
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    40,034
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,628,871
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    131,444
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    219,551
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    219,551
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    219,551
    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  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 219,551
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 219,551
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 219,551
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    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
    0 7,821     7,821
    b 85% of line 2a .........   6,648     6,648
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		219,551 202,665 283,594 272,254 978,064
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		56,652 60,490 64,302 65,848 247,292
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		162,899 142,175 219,292 206,406 730,772
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 2,797,452 2,896,645 2,662,987 3,151,968 11,509,052
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 2,581,452 2,680,645 2,446,987 2,935,968 10,645,052
    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:
    NEW SMYRNA BEACH HIGH SCHOOL
    GUIDANCE DEPARTMENT
    1015 10TH STREET
    NEW SMYRNA BEACH,FL32169
    (386) 424-2555
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT NEW SMYRNA BEACH HIGH SCHOOL GUIDANCE DEPARTMENT
    cAny submission deadlines:
    APPLICABLE FOR GRADUATING SENIORS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRADUATING SENIORS; SCIENCE AND ENGINEERING
    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
    MCKAYLA DUDINSKY SISLER
    1909 EDGEBROOK CIRCLE 105
    1909 EDGEBROOK CIRCLE 105
    SANFORD,FL32771     		    EDUCATION- WILL SUBMIT EXPENSES 617
    TIMOTHY RANDOLPH MERRICK JR
    195 FLAMINGO ROAD
    195 FLAMINGO ROAD
    OAK HILL,FL32759     		    EDUCATION-WILL SUBMIT EXPENSES -715
    MIRANDA MEEKS
    4174 LA STARZ DRIVE
    4174 LA STARZ DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 14,577
    MARK CICCARELLO
    122 10TH STREET
    122 10TH STREET
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 10,564
    ZOE DAVIS
    213 8TH AVENUE S
    213 8TH AVENUE S
    OSTEEN,FL32764     		    EDUCATION-WILL SUBMIT EXPENSES 3,480
    CODY WILSON
    104 NORTH STREET
    104 NORTH STREET
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 15,232
    EMILY HUYEN THACH
    662 WELLESLEY COURT
    662 WELLESLEY COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 4,448
    STEVEN ANTHONY MOSHER
    533 NATURE CREEK LANE
    533 NATURE CREEK LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 6,644
    KAYLYN MACKENZIE OVER
    2201 S RIDGEWOOD AVE 39
    2201 S RIDGEWOOD AVE 39
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 6,486
    ANDREW JENSON MUSGROVE
    601 CELITO DRIVE
    601 CELITO DRIVE
    NEW SMYRNA BEACH,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 8,958
    HANNAH ROSE SISCO
    2777 LETHA ROAD
    2777 LETHA ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 7,505
    DALTON MICHAEL MITCHUM
    3031 PINE TREE DRIVE
    3031 PINE TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 5,946
    SYLVIE LOUISE SORESE
    1116 BOLTON ROAD
    1116 BOLTON ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 3,208
    MAXWELL BOOTH
    112 RIO VISTA DRIVE
    112 RIO VISTA DRIVE
    EDGEWATER,FL32132     		    EDUCATION-WILL SUBMIT EXPENSES 7,901
    JESSE A TERRELL
    4395 LAKE ASHBY ROAD
    4395 LAKE ASHBY ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 54,986
    KORI ANNE SPIROPOULOS
    92 AQUA COURT
    92 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,708
    COLTON WEAVER
    3620 LETTUCE LANE
    3620 LETTUCE LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,365
    SARA SIERRA WILSON
    3303 JUNIPER DRIVE
    3303 JUNIPER DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 1,175
    CAMERON MANSON
    4800 S ATLANTIC AVE
    4800 S ATLANTIC AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION- WILL SUBMIT EXPENSES 3,402
    JADE ALEXIS ACHE
    401 LINCOLN AVE
    401 LINCOLN AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION- WILL SUBMIT EXPENSES 6,617
    COOPER ALAN HOGAN
    1806A ENTERPRISE AVE
    1806A ENTERPRISE AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,823
    ZION HARDING
    201 NANCY STREET
    201 NANCY STREET
    OAK HILL,FL32759     		    EDUCATION- WILL SUBMIT EXPENSES 3,120
    KYLER GEIGER
    1982 SR 44192
    1982 SR44192
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 6,543
    CY HESSELTON
    91 AQUA COURT
    91 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,251
    CARLY BOSMA
    1812 BAYVIEW DRIVE
    1812 BAYVIEW DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,394
    LINDSAY ROTH
    410 W ARIEL ROAD
    410 W ARIEL ROAD
    EDEWATER,FL32141     		    EDUCATION- WILL SUBMIT EXPENSES 2,495
    Total .................................bullet 3a 203,730
    bApproved for future payment
    MCKAYLA DUDINSKY SISLER
    1909 EDGEBROOK CIRCLE 105
    1909 EDGEBROOK CIRCLE 105
    SANFORD,FL32771     		    EDUCATION- WILL SUBMIT EXPENSES 6,556
    HEATHER NICOLE MALCHIODI
    2204 UNITY TREE DRIVE
    2204 UNITY TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 16,802
    EMILY HUYEN THACH
    662 WELLESLEY COURT
    662 WELLESLEY COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 444
    KAYLYN MACKENZIE OVER
    2201 S RIDGEWOOD AVE 39
    2201 S RIDGEWOOD
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 743
    HANNAH ROSE SISCO
    2777 LETHA ROAD
    2777 LETHA ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 2,832
    DALTON MICHAEL MITCHUM
    3031 PINE TREE DRIVE
    2031 PRINE TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 4,900
    SYLLVIE LOUISE SORESE
    1116 BOLTON ROAD
    1116 BOLTON ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 9,257
    SYDNEY MARGUERITE MURPHY
    712 PHYLLIS AVE
    712 PHYLLIS AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 14,066
    MAXWELL BOOTH
    112 RIO VISTA DRIVE
    112 RIO VISTA DRIVE
    EDGEWATER,FL32132     		    EDUCATION- WILL SUBMIT EXPENSES 10,759
    KORI ANNE SPIROPOULAS
    92 AQUA COURT
    92 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,308
    COLTON WEAVER
    3620 LETTUCE LANE
    3620 LETTUCE LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 13,855
    SARA SIERRA WILSON
    3303 JUNIPER DRIVE
    3303 JUNIPER DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 26,189
    CAMERON MANSON
    4800 S ATLANTIC AVE
    4800 S ATLANTIC AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION WILL SUBMIT EXPENSES 20,207
    JADE ALEXIS ACHE
    401 LINCOLN AVE
    401 LINCOLN AVE
    NEW SMYRNA BEACH,FL32132     		    EDUCATION- WILL SUBMIT EXPENSES 20,706
    COOPER ALAN HOGAN
    1806A ENTERPRISE AVE
    1806A ENTERPRISE AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 20,550
    ZION HARDING
    201 NANCY STREET
    201 NANCY STREET
    OAK HILL,FL32759     		    EDUCATION- WILL SUBMIT EXPENSES 19,253
    KYLER GEIGER
    1982 SR 44192
    1982 SR44192
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 15,847
    CY HESSELTON
    91 AQUA COURT
    91 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 25,749
    CARLY BOSMA
    1812 BAYVIEW DRIVE
    1812 BAYVIEW DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 25,606
    LINDSAY ROTH
    410 W ARIEL ROAD
    410 W ARIEL ROAD
    EDGEWATER,FL32141     		    EDUCATION- WILL SUBMIT EXPENSES 27,505
    Total .................................bullet 3b 290,134
    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 ...........     		        11,392
    4 Dividends and interest from securities....         42,179
    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 ............     		        39,718
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    a325 N CAUSEWAY-RENTAL INCOM     		        11,000
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     104,289
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    104,289
    (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

    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
    MCKAYLA DUDINSKY SISLER1909 EDGEBROOK CIRCLE 105
    1909 EDGEBROOK CIRCLE 105
    SANFORD,FL32771     		    EDUCATION- WILL SUBMIT EXPENSES 617
    TIMOTHY RANDOLPH MERRICK JR195 FLAMINGO ROAD
    195 FLAMINGO ROAD
    OAK HILL,FL32759     		    EDUCATION-WILL SUBMIT EXPENSES -715
    MIRANDA MEEKS4174 LA STARZ DRIVE
    4174 LA STARZ DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 14,577
    MARK CICCARELLO122 10TH STREET
    122 10TH STREET
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 10,564
    ZOE DAVIS213 8TH AVENUE S
    213 8TH AVENUE S
    OSTEEN,FL32764     		    EDUCATION-WILL SUBMIT EXPENSES 3,480
    CODY WILSON104 NORTH STREET
    104 NORTH STREET
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 15,232
    EMILY HUYEN THACH662 WELLESLEY COURT
    662 WELLESLEY COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 4,448
    STEVEN ANTHONY MOSHER533 NATURE CREEK LANE
    533 NATURE CREEK LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 6,644
    KAYLYN MACKENZIE OVER2201 S RIDGEWOOD AVE 39
    2201 S RIDGEWOOD AVE 39
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 6,486
    ANDREW JENSON MUSGROVE601 CELITO DRIVE
    601 CELITO DRIVE
    NEW SMYRNA BEACH,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 8,958
    HANNAH ROSE SISCO2777 LETHA ROAD
    2777 LETHA ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 7,505
    DALTON MICHAEL MITCHUM3031 PINE TREE DRIVE
    3031 PINE TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 5,946
    SYLVIE LOUISE SORESE1116 BOLTON ROAD
    1116 BOLTON ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 3,208
    MAXWELL BOOTH112 RIO VISTA DRIVE
    112 RIO VISTA DRIVE
    EDGEWATER,FL32132     		    EDUCATION-WILL SUBMIT EXPENSES 7,901
    JESSE A TERRELL4395 LAKE ASHBY ROAD
    4395 LAKE ASHBY ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 54,986
    KORI ANNE SPIROPOULOS92 AQUA COURT
    92 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,708
    COLTON WEAVER3620 LETTUCE LANE
    3620 LETTUCE LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,365
    SARA SIERRA WILSON3303 JUNIPER DRIVE
    3303 JUNIPER DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 1,175
    CAMERON MANSON4800 S ATLANTIC AVE
    4800 S ATLANTIC AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION- WILL SUBMIT EXPENSES 3,402
    JADE ALEXIS ACHE401 LINCOLN AVE
    401 LINCOLN AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION- WILL SUBMIT EXPENSES 6,617
    COOPER ALAN HOGAN1806A ENTERPRISE AVE
    1806A ENTERPRISE AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,823
    ZION HARDING201 NANCY STREET
    201 NANCY STREET
    OAK HILL,FL32759     		    EDUCATION- WILL SUBMIT EXPENSES 3,120
    KYLER GEIGER1982 SR 44192
    1982 SR44192
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 6,543
    CY HESSELTON91 AQUA COURT
    91 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,251
    CARLY BOSMA1812 BAYVIEW DRIVE
    1812 BAYVIEW DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 4,394
    LINDSAY ROTH410 W ARIEL ROAD
    410 W ARIEL ROAD
    EDEWATER,FL32141     		    EDUCATION- WILL SUBMIT EXPENSES 2,495
    Total ...............................bullet 3a 203,730
    bApproved for future payment
    MCKAYLA DUDINSKY SISLER1909 EDGEBROOK CIRCLE 105
    1909 EDGEBROOK CIRCLE 105
    SANFORD,FL32771     		    EDUCATION- WILL SUBMIT EXPENSES 6,556
    HEATHER NICOLE MALCHIODI2204 UNITY TREE DRIVE
    2204 UNITY TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 16,802
    EMILY HUYEN THACH662 WELLESLEY COURT
    662 WELLESLEY COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 444
    KAYLYN MACKENZIE OVER2201 S RIDGEWOOD AVE 39
    2201 S RIDGEWOOD
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 743
    HANNAH ROSE SISCO2777 LETHA ROAD
    2777 LETHA ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 2,832
    DALTON MICHAEL MITCHUM3031 PINE TREE DRIVE
    2031 PRINE TREE DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 4,900
    SYLLVIE LOUISE SORESE1116 BOLTON ROAD
    1116 BOLTON ROAD
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 9,257
    SYDNEY MARGUERITE MURPHY712 PHYLLIS AVE
    712 PHYLLIS AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 14,066
    MAXWELL BOOTH112 RIO VISTA DRIVE
    112 RIO VISTA DRIVE
    EDGEWATER,FL32132     		    EDUCATION- WILL SUBMIT EXPENSES 10,759
    KORI ANNE SPIROPOULAS92 AQUA COURT
    92 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 8,308
    COLTON WEAVER3620 LETTUCE LANE
    3620 LETTUCE LANE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION-WILL SUBMIT EXPENSES 13,855
    SARA SIERRA WILSON3303 JUNIPER DRIVE
    3303 JUNIPER DRIVE
    EDGEWATER,FL32141     		    EDUCATION-WILL SUBMIT EXPENSES 26,189
    CAMERON MANSON4800 S ATLANTIC AVE
    4800 S ATLANTIC AVE
    NEW SMYRNA BEACH,FL32169     		    EDUCATION WILL SUBMIT EXPENSES 20,207
    JADE ALEXIS ACHE401 LINCOLN AVE
    401 LINCOLN AVE
    NEW SMYRNA BEACH,FL32132     		    EDUCATION- WILL SUBMIT EXPENSES 20,706
    COOPER ALAN HOGAN1806A ENTERPRISE AVE
    1806A ENTERPRISE AVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 20,550
    ZION HARDING201 NANCY STREET
    201 NANCY STREET
    OAK HILL,FL32759     		    EDUCATION- WILL SUBMIT EXPENSES 19,253
    KYLER GEIGER1982 SR 44192
    1982 SR44192
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 15,847
    CY HESSELTON91 AQUA COURT
    91 AQUA COURT
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 25,749
    CARLY BOSMA1812 BAYVIEW DRIVE
    1812 BAYVIEW DRIVE
    NEW SMYRNA BEACH,FL32168     		    EDUCATION- WILL SUBMIT EXPENSES 25,606
    LINDSAY ROTH410 W ARIEL ROAD
    410 W ARIEL ROAD
    EDGEWATER,FL32141     		    EDUCATION- WILL SUBMIT EXPENSES 27,505
    Total ................................bullet 3b 290,134

    TY 2020 AccountingFeesSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,436 2,436 2,436 2,436

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    TY 2020 DepreciationSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    325 NORTH CAUSEWAY - BLDG 2007-01-01 179,025 59,484 S/L 39.0000 4,590      
    LAND 2007-01-01 37,475              

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    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    BRISTOL MYERS SQUIBB CONTNG RT 2019-11 PURCHASE 2020-01   493 345     148  
    TELEFONICA SA ADR 2020-06 PURCHASE 2020-07   4 5     -1  
    AXA ADS 2013-04 PURCHASE 2020-04   4,753 5,140     -387  
    CATERPILLAR INC. 2016-01 PURCHASE 2020-06   12,503 5,952     6,551  
    CHUBB LTD 2016-01 PURCHASE 2020-04   9,295 9,992     -697  
    COPA HOLDINGS SA CLA A 2016-01 PURCHASE 2020-06   14,204 31,153     -16,949  
    DEERE & CO 2013-08 PURCHASE 2020-06   15,103 8,360     6,743  
    EMC CORP 2016-05 PURCHASE 2020-06   25,053 23,250   1,637 166  
    EMERSON ELECTRIC 2014-03 PURCHASE 2020-04   8,061 9,434     -1,373  
    FREEPORT MCMORAN CL-B 2016-01 PURCHASE 2020-06   14,343 14,215     128  
    ING GROEP NV ADR 2013-04 PURCHASE 2020-04   2,244 3,510     -1,266  
    KEYCORP 2013-12 PURCHASE 2020-06   9,113 9,651     -538  
    KOMATSU LTD SPON ADR NEW 2013-12 PURCHASE 2020-06   5,233 5,167     66  
    REGIONS FINANCIAL CORP NEW 2013-08 PURCHASE 2020-04   3,798 3,756     42  
    RIO TINTO PLC SPON ADR 2013-04 PURCHASE 2020-04   6,559 6,364     195  
    STATE STREET CORP 2013-04 PURCHASE 2020-04   10,373 10,308     65  
    US BANCORP COM 2014-10 PURCHASE 2020-06   2,714 2,885     -171  
    VALARIS PLC CLASS A 2014-03 PURCHASE 2020-12   3 7,160     -7,157  
    AXA ADS 2011-01 PURCHASE 2020-04   4,753 4,860     -107  
    BASF SE SP ADR 2011-01 PURCHASE 2020-04   5,272 4,863     409  
    CME GROUP INC 2011-01 PURCHASE 2020-06   8,096 4,665     3,431  
    COMCAST CORP 2011-01 PURCHASE 2020-06   23,288 5,481     17,807  
    DEEERE & CO 2011-01 PURCHASE 2020-06   15,103 7,175     7,928  
    EMERSON ELECTRIC CO 2011-01 PURCHASE 2020-04   8,061 6,366     1,695  
    EOG RESOURCES INC. 2011-01 PURCHASE 2020-04   6,359 5,375     984  
    FREEPORT MCMORAN CL B 2011-01 PURCHASE 2020-06   1,894 3,785     -1,891  
    ING GROEP NV ADR 2011-01 PURCHASE 2020-04   2,799 5,073     -2,274  
    JP MORGAN CHASE 2011-01 PURCHASE 2020-07   36,000 35,307   693    
    KEYCORP 2011-01 PURCHASE 2020-06   2,799 2,070     729  
    KOMATSU LTD SPON ADR 2011-01 PURCHASE 2020-06   6,751 9,085     -2,334  
    NUCOR CORPORATION 2011-01 PURCHASE 2020-04   7,721 7,990     -269  
    REGIONS FINANCIAL CORP 2011-01 PURCHASE 2020-04   5,792 4,609     1,183  
    RIO TINTO PLC SPON ADR 2011-01 PURCHASE 2020-04   7,496 7,728     -232  
    STATE STREET CORP 2011-01 PURCHASE 2020-04   1,153 1,124     29  
    TEXAS INSTRUMENTS 2011-01 PURCHASE 2020-06   36,821 8,094     28,727  
    US BANCORP 2011-01 PURCHASE 2020-06   8,143 5,938     2,205  
    US TSY NOTE 2011-01 PURCHASE 2020-08   47,000 47,000        
    VALARIS PLC CLASS A 2011-01 PURCHASE 2020-12   3 8,317     -8,314  
    WALT DISNEY CO HOLDING CO 2011-01 PURCHASE 2020-06   5,436 1,396     4,040  
    ISHARES GOLD TRUST 2020-12 PURCHASE 2020-12   62       62  
    ISHARES SILVER SHARES 2020-12 PURCHASE 2020-12   90       90  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Name of Bond End of Year Book Value End of Year Fair Market Value
    US CORPORATE BONDS 162,201 167,813

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON EQUITY SECURITIES 785,422 1,608,208

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    US Government Securities - End of Year Book Value:

    17,640
    US Government Securities - End of Year Fair Market Value:

    17,393
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FOREIGN STOCK AT COST 36,419 57,672
    MUTUAL FUNDS AT COST 307,922 292,835
    ALTERNATIVE INVESTMENTS AT COST 45,272 51,765
    RIGHTS & WARRANTS AT COST 141 170

    TY 2020 LandEtcSchedule2
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      179,025 64,074 114,951 179,025
    LAND 37,475   37,475 37,475


    TY 2020 OtherExpensesSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    325 N CAUSEWAY EXPENSES 8,419 8,419 8,419  
    OTHER EXPENSES 124 124 124  


    TY 2020 OtherIncomeSchedule2
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    325 N CAUSEWAY-RENTAL INCOME 11,000   11,000


    TY 2020 TaxesSchedule
    Name:
    MILDRED E SMALL AND ROBERT D TOYE
     
    SCHOLARSHIP TRUST UID 07-05-95
    EIN:
    20-6948425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMERICA FOREIGN TAX 645 645 645