-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
The Labarron and Lori Boone Educational
Foundation Charitable Trust
Number and street (or P.O. box number if mail is not delivered to street address)
8320 Waterview Cove
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Pike Road
,
AL
36064
A Employer identification number
45-3981751
B
Telephone number (see instructions)
(800) 898-2034
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
0
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
2,317
2,317
2,317
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
11,605
b
Gross sales price for all assets on line 6a
218,590
7
Capital gain net income (from Part IV, line 2)
...
12,731
8
Net short-term capital gain
.........
5,100
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
13,922
15,048
7,417
13
Compensation of officers, directors, trustees, etc.
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
0
0
0
25
Contributions, gifts, grants paid
.......
0
0
26
Total expenses and disbursements.
Add lines 24 and 25
0
0
0
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
13,922
b
Net investment income
(if negative, enter -0-)
15,048
c
Adjusted net income
(if negative, enter -0-)
...
7,417
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
1
Cash—non-interest-bearing
.............
8,389
3,250
2
Savings and temporary cash investments
.........
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
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)
.......
139,153
158,214
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
147,542
161,464
0
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
147,542
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
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)
.....
147,542
161,464
30
Total liabilities and net assets/fund balances
(see instructions)
.
147,542
161,464
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
147,542
2
Enter amount from Part I, line 27a
.....................
2
13,922
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
161,464
5
Decreases not included in line 2 (itemize)
5
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
161,464
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
8 SECTOR SPDR INDUSTRIAL
P
2018-01-02
2020-05-12
b
5 CREE INC
P
2020-10-28
2020-12-16
c
4 CREE INC
P
2020-10-28
2020-12-17
d
9 CREE INC
P
2020-10-28
2020-12-17
e
1 ECOLAB INC
P
2020-10-28
2020-12-14
2 ECOLAB
P
2020-10-28
2020-12-15
18 FLEX LTD
P
2020-10-28
2020-12-11
6 FLEX LTD
P
2020-10-28
2020-12-14
9 FLEX LTD
P
2020-10-28
2020-12-14
2 ISHARES NASDAQ BIOTECH ETF
P
2020-04-14
2020-10-28
10 PACER BENCHMARK DATA AND INFRASTRUCTURE
P
2020-10-14
2020-10-28
5 ISHARES 20+ YEAR TREASURY BOND ETF
P
2020-01-14
2020-03-13
7 ISHARES 20+ YEAR TREASURY BOND ETF
P
2020-01-14
2020-03-16
25 ISHARES 20+ YEAR TREASURY BOND ETF
P
2020-01-14
2020-10-28
2 ISHARES 20+ YEAR TREASURY BOND ETF
P
2020-08-12
2020-10-28
1 ISHARES TIPS BOND ETF
P
2020-05-12
2020-10-28
2 ISHARES TIPS BOND ETF
P
2020-08-12
2020-10-28
1 VANGUARD SMALL CAP
P
2020-01-14
2020-04-14
2 VANGUARD SMALL CAP
P
2020-01-14
2020-05-12
2 VANGUARD SMALL CAP
P
2020-01-14
2020-08-12
1 VANGUARD SMALL CAP
P
2020-01-14
2020-10-28
5 VANGUARD SMALL CAP
P
2020-01-14
2020-10-28
17 VANGUARD SMALL CAP
P
2020-01-15
2020-10-28
7 VANGUARD SMALL CAP
P
2020-03-20
2020-10-28
4 VANGUARD FINANCIAL ETF
P
2020-01-14
2020-10-28
15 VANGUARD FINANCIAL ETF
P
2020-03-20
2020-10-28
9 VANGUARD FINANCIAL ETF
P
2020-10-14
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2020-01-14
2020-10-28
3 VANGUARD INFORMATION TECH ETF
P
2020-03-12
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2020-03-20
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2020-04-14
2020-10-28
7 VANGUARD INFORMATION TECH ETF
P
2020-05-12
2020-10-28
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2020-01-14
2020-10-28
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2020-03-20
2020-10-28
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2020-04-14
2020-10-28
1 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2019-06-13
2020-01-14
9 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2019-09-13
2020-01-14
4 ISHARES MBS ETF
P
2020-05-12
2020-10-28
18 ISHARES MBS ETF
P
2020-08-12
2020-10-28
7 ISHARES MBS ETF
P
2020-01-14
2020-10-28
1 VANGUARD INTERMEDIATE TERM BOND ETF
P
2019-06-13
2020-03-12
4 VANGUARD INTERMEDIATE TERM BOND ETF
P
2019-09-13
2020-03-12
5 ISHARES IBOXX$ HIGH YIEL CORPORATE BOND
P
2019-09-13
2020-01-14
4 SPDR S&P INSURANCE ETF
P
2020-01-14
2020-10-14
3 SPDR S&P INSURANCE ETF
P
2020-03-20
2020-10-14
4 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2020-01-14
2020-10-14
4 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2020-03-20
2020-10-14
1 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2020-03-13
2020-10-28
10 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2020-03-20
2020-10-28
3 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2020-05-12
2020-10-28
4 INVESCO PREFERRED ETF
P
2020-03-20
2020-10-28
4 INVESCO PREFERRED ETF
P
2020-08-12
2020-10-28
6 COMM SERVICES SELECT SECTOR
P
2019-12-10
2020-10-28
5 COMM SERVICES SELECT SECTOR
P
2020-01-14
2020-10-28
11 COMM SERVICES SELECT SECTOR
P
2020-03-12
2020-10-28
10 COMM SERVICES SELECT SECTOR
P
2020-04-14
2020-10-28
25 COMM SERVICES SELECT SECTOR
P
2020-05-12
2020-10-28
9 PROSHARES ONLINE RETAIL ETF SHS
P
2020-10-14
2020-10-28
84 VANGUARD SHORT-TERM CORPORATE BOND
P
2019-01-16
2020-01-14
1 VANGUARD SHORT TERM BOND
P
2020-03-20
2020-10-28
17 VANGUARD SHORT TERM BOND
P
2020-04-14
2020-10-28
3 VANGUARD SHORT TERM BOND
P
2020-05-12
2020-10-28
8 VANGUARD SHORT TERM BOND
P
2020-08-12
2020-10-28
78 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2020-01-14
2020-10-28
3 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2020-03-20
2020-10-28
7 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2020-05-12
2020-10-28
4 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2020-08-12
2020-10-28
3 VANECK VECTORS J.P. MORGAN EM LOCAL CCY
P
2019-09-13
2020-01-14
9 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-01-14
2020-04-14
3 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-01-14
2020-08-12
9 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-01-14
2020-10-28
62 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-01-14
2020-10-28
2 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-03-20
2020-10-28
3 VANECK VECTORS FALLEN ANGEL HIGH YIELD B
P
2020-05-12
2020-10-28
2 FIRST TRUST CLOUD COMPUTING ETF
P
2020-04-14
2020-08-12
15 FIRST TRUST CLOUD COMPUTING ETF
P
2020-04-14
2020-10-28
16 FIRST TRUST CLOUD COMPUTING ETF
P
2020-05-12
2020-10-28
36 XTRACKERS USD HIGH YIELD CORPORATE BOND
P
2020-01-14
2020-10-28
1 XTRACKERS USD HIGH YIELD CORPORATE BOND
P
2020-03-20
2020-10-28
2 XTRACKERS USD HIGH YIELD CORPORATE BOND
P
2020-05-12
2020-10-28
1 XTRACKERS USD HIGH YIELD CORPORATE BOND
P
2020-08-12
2020-10-28
20 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2020-01-14
2020-10-28
44 ISHARES TR CORE MSCI EAF ETF
P
2020-01-14
2020-10-28
24 ISHARES TR CORE MSCI EAF ETF
P
2020-03-20
2020-10-28
70 ISHARES TR CORE MSCI EAF ETF
P
2020-08-12
2020-10-28
47 VANGUARD TOTAL INTERNATL BOND ETF
P
2019-01-16
2020-01-14
4 VANGUARD TOTAL INTERNATL BOND ETF
P
2019-09-13
2020-01-14
12 FIDELITY MSCI UTILITIES INDEX
P
2020-10-14
2020-10-28
9 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-03-12
2020-10-28
1 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-03-13
2020-10-28
3 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-03-16
2020-10-28
1 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-03-17
2020-10-28
4 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-03-18
2020-10-28
14 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-04-14
2020-10-28
1 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-05-12
2020-10-28
3 SPDR BLOOMBERG BARCLAYS 1-3 MNTH T BILL
P
2020-08-12
2020-10-28
1 MONOLITHIC PWR SYSTEMS INC
P
2020-10-28
2020-11-13
1 MONOLITHIC PWR SYSTEMS INC
P
2020-10-28
2020-11-16
1 MATERIALS SELECT SECTOR SPDR FUND
P
2020-01-14
2020-10-28
1 HEALTH CARE SELECT SPDR
P
2020-01-14
2020-10-28
1 HEALTH CARE SELECT SPDR
P
2020-03-20
2020-10-28
6 HEALTH CARE SELECT SPDR
P
2020-04-14
2020-10-28
15 HEALTH CARE SELECT SPDR
P
2020-05-12
2020-10-28
9 SECTOR SPDR CONSMRS STPL
P
2020-01-14
2020-10-28
9 SECTOR SPDR CONSMRS STPL
P
2020-04-14
2020-10-28
3 CONSUMER DISCRETIONARY SPDR
P
2020-01-14
2020-10-28
5 CONSUMER DISCRETIONARY SPDR
P
2020-03-12
2020-10-28
3 CONSUMER DISCRETIONARY SPDR
P
2020-03-20
2020-10-28
2 CONSUMER DISCRETIONARY SPDR
P
2020-04-14
2020-10-28
3 SECTOR SPDR ENERGY
P
2020-01-14
2020-10-28
4 SECTOR SPDR CONSMRS STPL
P
2020-03-12
2020-10-28
4 SECTOR SPDR ENERGY
P
2020-03-20
2020-10-28
5 SECTOR SPDR INDUSTRIAL
P
2020-01-14
2020-10-28
15 SECTOR SPDR INDUSTRIAL
P
2020-03-20
2020-10-28
1 SECTOR SPDR UTILITIES
P
2020-01-14
2020-10-14
1 SECTOR SPDR UTILITIES
P
2020-03-20
2020-10-14
1 SECTOR SPDR UTILITIES
P
2020-04-14
2020-10-14
3 SQUARE INC SHS
P
2020-10-28
2020-11-12
2 WEST PHARMACTL SVCS INC
P
2020-10-28
2020-12-11
1327 BLACKRODK LIQUIDITY FUND T FUND INSTL CL
P
2019-08-15
2020-01-14
265 BLACKRODK LIQUIDITY FUND T FUND INSTL CL
P
2019-08-15
2020-03-12
122 BLACKRODK LIQUIDITY FUND T FUND INSTL CL
P
2020-05-12
2020-10-28
252 BLACKRODK LIQUIDITY FUND T FUND INSTL CL
P
2020-08-12
2020-10-28
1 ISHARES NASDAQ BIOTECH ETF
P
2017-12-05
2020-03-20
2 ISHARES NASDAQ BIOTECH ETF
P
2017-12-05
2020-05-12
1 ISHARES NASDAQ BIOTECH ETF
P
2017-12-30
2020-05-12
4 ISHARES NASDAQ BIOTECH ETF
P
2018-01-02
2020-05-12
1 ISHARES NASDAQ BIOTECH ETF
P
2018-01-02
2020-10-28
1 ISHARES NASDAQ BIOTECH ETF
P
2018-01-31
2020-10-28
5 ISHARES NASDAQ BIOTECH ETF
P
2018-03-06
2020-10-28
1 ISHARES NASDAQ BIOTECH ETF
P
2019-06-13
2020-10-28
1 ISHARES NASDAQ BIOTECH ETF
P
2019-07-16
2020-10-28
4 ISHARES NASDAQ BIOTECH ETF
P
2019-09-13
2020-10-28
4 ISHARES TIPS BOND ETF
P
2015-10-23
2020-01-14
1 ISHARES TIPS BOND ETF
P
2015-10-23
2020-03-13
2 ISHARES TIPS BOND ETF
P
2016-05-25
2020-03-13
1 ISHARES TIPS BOND ETF
P
2016-06-22
2020-03-13
3 ISHARES TIPS BOND ETF
P
2016-06-22
2020-03-16
1 ISHARES TIPS BOND ETF
P
2017-05-17
2020-03-16
1 ISHARES TIPS BOND ETF
P
2017-08-17
2020-03-16
2 ISHARES TIPS BOND ETF
P
2017-08-17
2020-03-20
23 ISHARES TIPS BOND ETF
P
2018-01-02
2020-10-28
1 ISHARES TIPS BOND ETF
P
2019-06-13
2020-10-28
3 ISHARES TIPS BOND ETF
P
2019-09-13
2020-10-28
1 VANGUARD FINANCIAL ETF
P
2017-12-06
2020-04-14
9 VANGUARD FINANCIAL ETF
P
2018-01-02
2020-04-14
1 VANGUARD FINANCIAL ETF
P
2017-12-06
2020-08-12
16 VANGUARD FINANCIAL ETF
P
2018-01-02
2020-08-12
9 VANGUARD FINANCIAL ETF
P
2018-01-02
2020-10-28
11 VANGUARD FINANCIAL ETF
P
2018-01-02
2020-10-28
15 VANGUARD FINANCIAL ETF
P
2018-03-28
2020-10-28
7 VANGUARD FINANCIAL ETF
P
2018-06-21
2020-10-28
5 VANGUARD FINANCIAL ETF
P
2019-01-16
2020-10-28
1 VANGUARD FINANCIAL ETF
P
2019-06-13
2020-10-28
4 VANGUARD FINANCIAL ETF
P
2019-09-13
2020-10-28
2 VANGUARD INFORMATION TECH ETF
P
2018-01-31
2020-08-12
2 VANGUARD INFORMATION TECH ETF
P
2018-01-31
2020-10-28
10 VANGUARD INFORMATION TECH ETF
P
2018-03-06
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2018-06-21
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2019-04-23
2020-10-28
3 VANGUARD INFORMATION TECH ETF
P
2019-06-13
2020-10-28
1 VANGUARD INFORMATION TECH ETF
P
2019-09-12
2020-10-28
3 VANGUARD INFORMATION TECH ETF
P
2019-09-13
2020-10-28
6 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2018-03-06
2020-05-12
4 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2018-03-28
2020-05-12
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2018-03-28
2020-08-12
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2018-08-29
2020-08-12
2 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2019-03-20
2020-10-28
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2019-06-13
2020-10-28
1 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2019-08-14
2020-10-28
2 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2019-09-12
2020-10-28
4 FIRST TRUST DOW JONES INTERNET INDEX FUN
P
2019-09-13
2020-10-28
1 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2015-10-23
2020-01-14
2 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2016-05-25
2020-01-14
5 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2017-08-17
2020-01-14
32 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2018-01-02
2020-01-14
1 ISHARES 3-7 YEAR TREASURY BOND ETF
P
2018-01-31
2020-01-14
7 ISHARES MBS ETF
P
2015-10-23
2020-03-12
8 ISHARES MBS ETF
P
2016-05-25
2020-03-12
4 ISHARES MBS ETF
P
2017-01-23
2020-03-12
7 ISHARES MBS ETF
P
2017-01-23
2020-03-20
1 ISHARES MBS ETF
P
2017-05-17
2020-03-20
2 ISHARES MBS ETF
P
2017-08-17
2020-03-20
6 ISHARES MBS ETF
P
2017-08-17
2020-03-20
1 ISHARES MBS ETF
P
2017-06-11
2020-10-28
4 ISHARES MBS ETF
P
2017-08-17
2020-10-28
2 ISHARES MBS ETF
P
2017-09-11
2020-10-28
1 ISHARES MBS ETF
P
2017-10-24
2020-10-28
84 ISHARES MBS ETF
P
2018-01-02
2020-10-28
4 ISHARES MBS ETF
P
2018-01-30
2020-10-28
45 ISHARES MBS ETF
P
2019-01-16
2020-10-28
6 ISHARES MBS ETF
P
2019-06-13
2020-10-28
33 ISHARES MBS ETF
P
2019-09-13
2020-10-28
44 VANGUARD INTERMEDIATE TERM BOND ETF
P
2018-01-02
2020-01-14
10 VANGUARD INTERMEDIATE TERM BOND ETF
P
2018-01-02
2020-03-12
5 VANGUARD INTERMEDIATE TERM BOND ETF
P
2018-01-31
2020-03-12
6 ISHARES IBOXX$ HIGH YIEL CORPORATE BOND
P
2016-06-22
2020-01-14
1 ISHARES IBOXX$ HIGH YIEL CORPORATE BOND
P
2017-01-23
2020-01-14
1 ISHARES IBOXX$ HIGH YIEL CORPORATE BOND
P
2017-08-17
2020-01-14
15 ISHARES IBOXX$ HIGH YIEL CORPORATE BOND
P
2018-01-02
2020-01-14
4 SPDR S&P INSURANCE ETF
P
2018-01-02
2020-04-14
6 SPDR S&P INSURANCE ETF
P
2018-01-02
2020-05-12
4 SPDR S&P INSURANCE ETF
P
2018-01-02
2020-08-12
4 SPDR S&P INSURANCE ETF
P
2018-01-02
2020-10-14
2 SPDR S&P INSURANCE ETF
P
2018-01-02
2020-10-14
3 SPDR S&P INSURANCE ETF
P
2019-06-13
2020-10-14
2 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2018-01-02
2020-05-12
24 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2018-01-02
2020-05-12
4 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2018-01-31
2020-05-12
2 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2018-01-02
2020-08-12
3 REAL ESTATE SELECT SECTOR SPDR FD SHS
P
2019-09-13
2020-10-14
5 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2015-10-23
2020-01-14
7 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2016-05-25
2020-01-14
16 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2016-06-22
2020-01-14
4 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2016-11-22
2020-01-14
2 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2017-01-23
2020-01-14
4 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2017-08-17
2020-01-14
28 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-01-14
6 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-04-14
2 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-04-14
5 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-08-12
6 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-10-28
2 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-10-28
61 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-02
2020-10-28
4 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2018-01-31
2020-10-28
22 INVESCO EMERGING MARKETS SOVEREIGN DEBT
P
2019-09-13
2020-10-28
13 INVESCO PREFERRED ETF
P
2015-10-23
2020-01-14
2 INVESCO PREFERRED ETF
P
2015-10-23
2020-03-12
4 INVESCO PREFERRED ETF
P
2015-10-23
2020-04-14
2 INVESCO PREFERRED ETF
P
2015-10-31
2020-04-14
2 INVESCO PREFERRED ETF
P
2016-11-22
2020-04-14
2 INVESCO PREFERRED ETF
P
2017-01-23
2020-04-14
4 INVESCO PREFERRED ETF
P
2015-10-23
2020-10-28
2 INVESCO PREFERRED ETF
P
2016-11-22
2020-10-28
4 INVESCO PREFERRED ETF
P
2017-01-23
2020-10-28
2 INVESCO PREFERRED ETF
P
2017-01-23
2020-10-28
5 INVESCO PREFERRED ETF
P
2017-08-17
2020-10-28
58 INVESCO PREFERRED ETF
P
2018-01-02
2020-10-28
19 INVESCO PREFERRED ETF
P
2019-09-13
2020-10-28
15 COMM SERVICES SELECT SECTOR
P
2018-10-18
2020-08-12
33 COMM SERVICES SELECT SECTOR
P
2019-01-16
2020-10-28
8 COMM SERVICES SELECT SECTOR
P
2019-03-20
2020-10-28
4 COMM SERVICES SELECT SECTOR
P
2019-06-13
2020-10-28
6 COMM SERVICES SELECT SECTOR
P
2019-09-13
2020-10-28
9 VANGUARD SHORT-TERM CORPORATE BOND
P
2019-01-16
2020-03-12
78 VANGUARD SHORT-TERM CORPORATE BOND
P
2019-01-16
2020-10-28
5 VANGUARD SHORT-TERM CORPORATE BOND
P
2019-06-13
2020-10-28
16 VANGUARD SHORT-TERM CORPORATE BOND
P
2019-09-13
2020-10-28
15 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2019-01-16
2020-03-12
3 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2019-01-16
2020-04-14
117 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2019-01-16
2020-10-28
8 VANGUARD INTRMDIATE-TERM CORPORATE BOND
P
2019-09-13
2020-10-28
22 VANECK VECTORS J.P. MORGAN EM LOCAL CCY
P
2018-01-02
2020-01-14
8 XTRACKERS USD HIGH YIELD CORPORATE BOND
P
2019-01-16
2020-10-28
37 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-01-02
2020-04-14
1 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-06-21
2020-04-14
7 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-06-21
2020-04-14
56 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2019-01-16
2020-04-14
1 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-01-02
2020-05-12
9 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-01-02
2020-08-12
27 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-01-02
2020-10-28
1 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2018-06-21
2020-10-28
19 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2019-01-16
2020-10-28
21 ISHARES INC CORE MSCI EMERGING MKTS ETF
P
2019-09-13
2020-10-28
6 ISHARES TR CORE MSCI EAF ETF
P
2018-01-30
2020-04-14
1 ISHARES TR CORE MSCI EAF ETF
P
2018-01-30
2020-05-12
6 ISHARES TR CORE MSCI EAF ETF
P
2018-01-30
2020-10-28
64 ISHARES TR CORE MSCI EAF ETF
P
2018-01-30
2020-10-28
7 ISHARES TR CORE MSCI EAF ETF
P
2018-03-06
2020-10-28
14 ISHARES TR CORE MSCI EAF ETF
P
2019-09-13
2020-10-28
1 MATERIALS SELECT SECTOR SPDR FUND
P
2018-03-06
2020-03-12
9 MATERIALS SELECT SECTOR SPDR FUND
P
2018-03-06
2020-04-14
2 MATERIALS SELECT SECTOR SPDR FUND
P
2018-03-06
2020-08-12
2 MATERIALS SELECT SECTOR SPDR FUND
P
2018-03-06
2020-10-28
3 MATERIALS SELECT SECTOR SPDR FUND
P
2018-03-07
2020-10-28
2 MATERIALS SELECT SECTOR SPDR FUND
P
2018-06-21
2020-10-28
2 MATERIALS SELECT SECTOR SPDR FUND
P
2019-01-16
2020-10-28
2 MATERIALS SELECT SECTOR SPDR FUND
P
2019-06-13
2020-10-28
5 HEALTH CARE SELECT SPDR
P
2018-01-02
2020-08-12
4 HEALTH CARE SELECT SPDR
P
2018-01-31
2020-10-28
12 HEALTH CARE SELECT SPDR
P
2018-03-06
2020-10-28
2 HEALTH CARE SELECT SPDR
P
2018-06-21
2020-10-28
1 HEALTH CARE SELECT SPDR
P
2019-03-20
2020-10-28
1 HEALTH CARE SELECT SPDR
P
2019-06-13
2020-10-28
3 HEALTH CARE SELECT SPDR
P
2019-07-16
2020-10-28
4 HEALTH CARE SELECT SPDR
P
2019-08-14
2020-10-28
5 HEALTH CARE SELECT SPDR
P
2019-09-13
2020-10-28
3 SECTOR SPDR CONSMRS STPL
P
2018-01-02
2020-03-20
33 SECTOR SPDR CONSMRS STPL
P
2018-01-02
2020-05-12
3 SECTOR SPDR CONSMRS STPL
P
2018-01-02
2020-08-12
3 SECTOR SPDR CONSMRS STPL
P
2018-01-27
2020-08-12
2 SECTOR SPDR CONSMRS STPL
P
2018-06-21
2020-08-12
4 SECTOR SPDR CONSMRS STPL
P
2019-07-16
2020-10-28
3 SECTOR SPDR CONSMRS STPL
P
2019-08-14
2020-10-28
4 SECTOR SPDR CONSMRS STPL
P
2019-09-13
2020-10-28
6 SECTOR SPDR CONSMRS STPL
P
2018-06-21
2020-10-28
13 SECTOR SPDR CONSMRS STPL
P
2019-01-16
2020-10-28
5 SECTOR SPDR CONSMRS STPL
P
2019-04-23
2020-10-28
2 SECTOR SPDR CONSMRS STPL
P
2019-06-13
2020-10-28
6 CONSUMER DISCRETIONARY SPDR
P
2018-01-02
2020-08-12
6 CONSUMER DISCRETIONARY SPDR
P
2018-01-02
2020-10-14
2 CONSUMER DISCRETIONARY SPDR
P
2018-01-02
2020-10-28
1 CONSUMER DISCRETIONARY SPDR
P
2018-01-31
2020-10-28
5 CONSUMER DISCRETIONARY SPDR
P
2018-03-06
2020-10-28
7 CONSUMER DISCRETIONARY SPDR
P
2018-08-29
2020-10-28
2 CONSUMER DISCRETIONARY SPDR
P
2019-03-20
2020-10-28
2 CONSUMER DISCRETIONARY SPDR
P
2019-04-23
2020-10-28
3 CONSUMER DISCRETIONARY SPDR
P
2019-06-13
2020-10-28
2 CONSUMER DISCRETIONARY SPDR
P
2019-09-13
2020-10-28
2 SECTOR SPDR ENERGY
P
2018-01-02
2020-04-14
10 SECTOR SPDR ENERGY
P
2018-01-02
2020-05-12
2 SECTOR SPDR ENERGY
P
2018-01-02
2020-08-12
3 SECTOR SPDR ENERGY
P
2018-01-02
2020-08-12
1 SECTOR SPDR ENERGY
P
2019-01-16
2020-08-12
3 SECTOR SPDR ENERGY
P
2019-01-16
2020-10-28
3 SECTOR SPDR ENERGY
P
2019-06-13
2020-10-28
3 SECTOR SPDR ENERGY
P
2019-09-13
2020-10-28
6 SECTOR SPDR INDUSTRIAL
P
2018-01-02
2020-05-12
8 SECTOR SPDR INDUSTRIAL
P
2018-01-02
2020-05-12
8 SECTOR SPDR INDUSTRIAL
P
2018-01-02
2020-08-12
6 SECTOR SPDR INDUSTRIAL
P
2018-01-02
2020-08-12
5 SECTOR SPDR INDUSTRIAL
P
2018-01-31
2020-10-28
10 SECTOR SPDR INDUSTRIAL
P
2018-03-06
2020-10-28
7 SECTOR SPDR INDUSTRIAL
P
2018-06-21
2020-10-28
1 SECTOR SPDR INDUSTRIAL
P
2019-06-13
2020-10-28
7 SECTOR SPDR INDUSTRIAL
P
2019-09-13
2020-10-28
4 SECTOR SPDR UTILITIES
P
2018-01-02
2020-03-12
7 SECTOR SPDR UTILITIES
P
2018-01-02
2020-05-12
3 SECTOR SPDR UTILITIES
P
2018-01-02
2020-08-12
1 SECTOR SPDR UTILITIES
P
2019-01-16
2020-08-12
1 SECTOR SPDR UTILITIES
P
2019-01-16
2020-10-14
2 SECTOR SPDR UTILITIES
P
2019-09-12
2020-10-14
3 SECTOR SPDR UTILITIES
P
2019-09-13
2020-10-14
2022 BLACKROCK LIQUIDITY FUND T FUND INSTL CL
P
2019-08-15
2020-10-28
688 BLACKRODK LIQUIDITY FUND T FUND INSTL CL
P
2019-09-13
2020-10-28
Wash Sale
(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
495
607
-112
b
456
333
123
c
371
266
105
d
861
600
261
e
220
186
34
439
372
67
295
236
59
100
79
21
152
118
34
265
238
27
346
366
-20
778
694
84
1,116
972
144
4,019
3,471
548
322
332
-10
126
121
5
252
252
125
167
-42
266
335
-69
318
335
-17
158
146
12
788
837
-49
2,679
2,858
-179
1,103
723
380
233
307
-74
874
700
174
524
554
-30
303
255
48
909
618
291
303
190
113
303
234
69
2,121
1,782
339
194
146
48
194
113
81
194
138
56
126
125
1
1,136
1,134
2
441
444
-3
1,985
1,991
-6
772
760
12
89
86
3
355
348
7
441
436
5
119
142
-23
89
67
22
146
156
-10
146
113
33
27
24
3
269
218
51
81
75
6
59
47
12
59
59
356
315
41
297
278
19
653
480
173
594
483
111
1,485
1,304
181
608
632
-24
6,812
6,580
232
83
73
10
1,409
1,382
27
249
243
6
663
664
-1
7,480
7,156
324
288
237
51
671
635
36
384
386
-2
102
99
3
245
270
-25
91
90
1
267
229
38
1,842
1,863
-21
59
45
14
89
81
8
152
119
33
1,163
891
272
1,240
1,078
162
1,722
1,823
-101
48
40
8
96
91
5
48
49
-1
1,077
1,099
-22
2,564
2,887
-323
1,399
1,063
336
4,080
4,334
-254
2,664
2,555
109
227
233
-6
486
488
-2
824
825
-1
92
92
275
275
92
92
366
367
-1
1,281
1,282
-1
92
92
275
275
308
309
-1
300
309
-9
62
60
2
103
103
103
80
23
619
584
35
1,548
1,527
21
566
567
-1
566
541
25
438
380
58
731
497
234
438
267
171
292
221
71
83
179
-96
111
122
-11
111
102
9
378
419
-41
1,134
774
360
64
65
-1
64
49
15
64
60
4
533
502
31
529
558
-29
1,327
1,327
265
265
122
122
252
252
101
104
-3
271
207
64
136
122
14
543
430
113
133
108
25
133
114
19
664
553
111
133
104
29
133
106
27
531
418
113
469
445
24
115
111
4
230
228
2
115
115
340
345
-5
113
114
-1
113
114
-1
228
227
1
2,898
2,622
276
126
115
11
378
347
31
55
70
-15
491
634
-143
62
62
993
1,127
-134
524
563
-39
641
775
-134
874
1,025
-151
408
489
-81
291
319
-28
58
68
-10
233
284
-51
607
353
254
606
353
253
3,030
1,792
1,238
303
187
116
303
213
90
909
622
287
303
221
82
909
654
255
939
765
174
626
473
153
182
118
64
182
146
36
387
279
108
194
143
51
194
135
59
387
281
106
774
559
215
126
124
2
252
250
2
631
621
10
4,040
3,907
133
126
121
5
759
767
-8
868
874
-6
434
426
8
750
746
4
107
107
214
214
643
643
110
110
441
429
12
221
220
1
110
107
3
9,264
8,945
319
441
421
20
4,963
4,716
247
662
643
19
3,639
3,563
76
3,859
3,685
174
887
837
50
444
413
31
530
504
26
88
87
1
88
88
1,324
1,310
14
108
123
-15
152
185
-33
120
123
-3
119
105
14
60
62
-2
89
102
-13
63
66
-3
757
792
-35
126
128
-2
72
73
-1
109
117
-8
148
141
7
207
199
8
474
463
11
118
113
5
59
58
1
118
118
829
826
3
149
177
-28
50
59
-9
141
148
-7
162
168
-6
54
53
1
1,642
1,800
-158
108
117
-9
592
645
-53
197
192
5
26
30
-4
55
59
-4
28
27
1
28
29
-1
28
29
-1
59
51
8
29
25
4
59
58
1
29
25
4
73
75
-2
852
863
-11
279
284
-5
895
701
194
1,960
1,474
486
475
375
100
238
192
46
356
308
48
711
705
6
6,465
6,110
355
414
401
13
1,326
1,290
36
1,327
1,253
74
273
251
22
11,221
9,775
1,446
767
722
45
746
797
-51
383
387
-4
1,585
2,137
-552
43
53
-10
300
370
-70
2,398
2,781
-383
44
52
-8
479
471
8
1,454
1,412
42
54
47
7
1,023
943
80
1,131
1,064
67
314
418
-104
53
70
-17
350
370
-20
3,730
4,461
-731
408
465
-57
816
865
-49
44
61
-17
455
546
-91
126
121
5
124
121
3
186
183
3
124
116
8
124
104
20
124
116
8
534
415
119
413
353
60
1,238
1,008
230
206
169
37
103
92
11
103
91
12
310
277
33
413
363
50
516
460
56
156
171
-15
1,909
1,879
30
193
171
22
193
195
-2
129
102
27
252
240
12
189
178
11
252
245
7
377
307
70
818
671
147
315
284
31
126
118
8
862
595
267
933
595
338
292
198
94
146
108
38
731
523
208
1,023
818
205
292
224
68
292
240
52
438
355
83
292
248
44
67
145
-78
383
726
-343
77
129
-52
115
218
-103
38
62
-24
83
186
-103
83
184
-101
83
183
-100
371
456
-85
495
607
-112
622
607
15
466
461
5
378
399
-21
756
764
-8
529
508
21
76
75
1
529
556
-27
222
211
11
389
369
20
183
158
25
61
53
8
64
53
11
127
127
191
190
1
2,022
2,022
688
688
1,126
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
-112
b
123
c
105
d
261
e
34
67
59
21
34
27
-20
84
144
548
-10
5
-42
-69
-17
12
-49
-179
380
-74
174
-30
48
291
113
69
339
48
81
56
1
2
-3
-6
12
3
7
5
-23
22
-10
33
3
51
6
12
41
19
173
111
181
-24
232
10
27
6
-1
324
51
36
-2
3
-25
1
38
-21
14
8
33
272
162
-101
8
5
-1
-22
-323
336
-254
109
-6
-2
-1
-1
-1
-1
-9
2
23
35
21
-1
25
58
234
171
71
-96
-11
9
-41
360
-1
15
4
31
-29
-3
64
14
113
25
19
111
29
27
113
24
4
2
-5
-1
-1
1
276
11
31
-15
-143
-134
-39
-134
-151
-81
-28
-10
-51
254
253
1,238
116
90
287
82
255
174
153
64
36
108
51
59
106
215
2
2
10
133
5
-8
-6
8
4
12
1
3
319
20
247
19
76
174
50
31
26
1
14
-15
-33
-3
14
-2
-13
-3
-35
-2
-1
-8
7
8
11
5
1
3
-28
-9
-7
-6
1
-158
-9
-53
5
-4
-4
1
-1
-1
8
4
1
4
-2
-11
-5
194
486
100
46
48
6
355
13
36
74
22
1,446
45
-51
-4
-552
-10
-70
-383
-8
8
42
7
80
67
-104
-17
-20
-731
-57
-49
-17
-91
5
3
3
8
20
8
119
60
230
37
11
12
33
50
56
-15
30
22
-2
27
12
11
7
70
147
31
8
267
338
94
38
208
205
68
52
83
44
-78
-343
-52
-103
-24
-103
-101
-100
-85
-112
15
5
-21
-8
21
1
-27
11
20
25
8
11
1
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
12,731
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
...................
3
5,100
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
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
209
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
209
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
209
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
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
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
.......
9
209
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
Refunded
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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
No
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)
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 address
N/A
14
The books are in care of
Labarron Boone
Telephone no.
(800) 898-2034
Located at
8320 Waterview Cove
Pike Road
AL
ZIP+4
36064
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
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?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
Labarron Boone
President & CEO
0.00
0
8320 Waterview Cove
Pike Road
,
AL
360643443
Lori A Boone
Secretary
0.00
0
8320 Waterview Cove
Pike Road
,
AL
360643443
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
...................
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
.............
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
.........................
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
0
b
Average of monthly cash balances
.......................
1b
0
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
0
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
3
Subtract line 2 from line 1d
.........................
3
0
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
0
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
0
6
Minimum investment return.
Enter 5% of line 5
..................
6
0
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
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
209
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
209
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
209
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
209
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
0
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
0
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
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
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
0
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
......
3,300
b
From 2016
......
c
From 2017
......
d
From 2018
......
e
From 2019
......
41,822
f
Total
of lines 3a through e
........
45,122
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
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)
........
0
d
Applied to 2020 distributable amount
.....
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
45,122
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
f
Undistributed income for 2020. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2021
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
8
Excess distributions carryover from 2015 not
applied on line 5 or line 7 (see instructions)
...
3,300
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
41,822
10
Analysis of line 9:
a
Excess from 2016
....
b
Excess from 2017
....
c
Excess from 2018
....
d
Excess from 2019
....
41,822
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
Labarron Boone
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
The Labarron and Lori Boone Educati
8320 Waterview Cove
Pike Road
,
AL
360643443
(800) 898-2034
labarron.boone@beasleyallen.com
b
The form in which applications should be submitted and information and materials they should include:
All application must be in writing and must include the following information and materials:1. Applicant's name, address and telephone number.2. Name, address, and telephone number of the school you are attending.3. A copy of transcript from your school.4. Field of study.5. Expected graduation date.6. Evidence of your income (copy of W-2 form and tax returns for prior year) or if you are under 18 years old (copies of your parent's W-2 forms and tax returns for the prior year).6. Grade Point Average.
c
Any submission deadlines:
March 31
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Awards are restricted to state of Alabama residents who are considered indigent, as defined by the most recently available federal guidelines.
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)
a
Paid during the year
Total
.................................
3a
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2020)
Form 990-PF (2020)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
13
2,317
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
............
11,605
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
2,317
11,605
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
13,922
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2020)
Additional Data
Software ID:
20011551
Software Version:
2020v4.0
Form 990PF - Special Condition Description:
Special Condition Description